China Evergrande : COMPLETION OF REDEMPTION OF (i) 8.75% SENIOR NOTES DUE 2018 (ii) 8.0% SENIOR NOTES DUE 2019 (iii) 12.0% SENIOR NOTES DUE 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

CHINA EVERGRANDE GROUP

中 國 恒 大 集 團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3333)

COMPLETION OF REDEMPTION OF

1. 8.75% SENIOR NOTES DUE 2018

   (ISIN (144A/Reg S): US300151AB32/USG3225AAD57 Common Code (144A/Reg S): 098624279/098129359 CUSIP (144A/Reg S): 300151AB3/G3225AAD5)

   (Stock Code: 5990)

2. 8.0% SENIOR NOTES DUE 2019

   (ISIN (Reg S): XS1344520561, Common Code (Reg S): 134452056)

3. 12.0% SENIOR NOTES DUE 2020

(ISIN (Reg S): XS1165146488, Common Code (Reg S): 116514648)

Reference is made to the announcement of China Evergrande Group (the ''Company'') dated 6 July 2017 (the ''Announcement'') in relation to the redemption of (i) 8.75% senior notes due 2018; (ii) 8.0% senior notes due 2019; and (iii) 12.0% senior notes due 2020. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

Further to the notification by the Company to the 2018 Trustee and holders of the 2018 Notes of its intention to redeem all of its outstanding 2018 Notes on 5 August 2017 (the ''Redemption Date''), the Company has redeemed an aggregate principal amount of US$426,813,000.00 representing all of its outstanding 2018 Notes on the Redemption Date at the redemption price equal to 104.375% of the aggregate principal amount of such 2018 Notes, which was US$445,486,068.75, plus accrued and unpaid interest of US$9,855,230.73 to (but not including) the Redemption Date. The total amount paid

for redemption of the 2018 Notes by the Company was US$455,341,299.48, with such payment made on Monday, 7 August 2017 as the immediately succeeding business day pursuant to the relevant indenture governing such 2018 Notes. There are no such outstanding 2018 Notes in issue subsequent to the redemption.

Further to the notification by the Company to the 2019 Trustee and holders of the 2019 Notes of its intention to redeem all of its outstanding 2019 Notes on the Redemption Date, the Company has redeemed an aggregate principal amount of US$102,981,000.00 representing all of its outstanding 2019 Notes on the Redemption Date at the redemption price equal to 100% of the aggregate principal amount of such 2019 Notes, plus an applicable premium of US$8,332,717.32 and accrued and unpaid interest of US$457,693.33 to (but not including) the Redemption Date. The total amount paid for redemption of the 2019 Notes by the Company was US$111,771,410.65, with such payment made on Monday, 7 August 2017 as the immediately succeeding business day pursuant to the relevant indenture governing such 2019 Notes. There are no such outstanding 2019 Notes in issue subsequent to the redemption.

Further to the notification by the Company to the 2020 Trustee and holders of the 2020 Notes of its intention to redeem all of its outstanding 2020 Notes on the Redemption Date, the Company has redeemed an aggregate principal amount of US$128,994,000.00 representing all of its outstanding 2020 Notes on the Redemption Date at the redemption price equal to 100% of the aggregate principal amount of such 2020 Notes, plus an applicable premium of US$14,380,005.07 and accrued and unpaid interest of US$7,223,664.00 to (but not including) the Redemption Date. The total amount paid for redemption of the 2020 Notes by the Company was US$150,597,669.07, with such payment made on Monday, 7 August 2017 as the immediately succeeding business day pursuant to the relevant indenture governing such 2020 Notes. There are no such outstanding 2020 Notes in issue subsequent to the redemption.

The Company has applied to The Stock Exchange of Hong Kong Limited for the withdrawal of the listing of the abovementioned 2018 Notes. Such withdrawal of listing is expected to become effective upon the close of business on 15 August 2017. The abovementioned 2019 Notes and the 2020 Notes have been cancelled and delisted from the Singapore Exchange Securities Trading Limited upon completion of the redemption.

Upon the redemption of the 2018 Notes, the 2019 Notes and the 2020 Notes, the remaining notes of the Company are senior notes issued this year and will be due between 2020 to 2025. The Company's debt structure has improved with extended maturity profiles and lower financing costs, which will strengthen the Company's stable growth in the future.

By Order of the Board

China Evergrande Group Hui Ka Yan

Chairman

Hong Kong, 8 August 2017

As at the date of this announcement, the executive Directors are Mr. Hui Ka Yan, Mr. Xia Haijun, Ms. He Miaoling, Mr. Pan Darong, Mr. Huang Xiangui and Mr. Shi Junping, and the independent non-executive Directors are Mr. Chau Shing Yim, David, Mr. He Qi and Ms. Xie Hongxi.