China Evergrande : FURTHER ANNOUNCEMENT IN RESPECT OF MAJOR TRANSACTION AMENDMENTS TO THE MEITOU INVESTMENT AGREEMENT

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.

CHINA EVERGRANDE GROUP

中 國 恒 大 集 團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3333)

FURTHER ANNOUNCEMENT IN RESPECT OF MAJOR TRANSACTION

AMENDMENTS TO THE MEITOU INVESTMENT AGREEMENT

Reference is made to the announcement of the Company dated 31 December 2016 and the circular of the Company dated 28 February 2017 (the ''Circular'') in respect of the Capital Increase. Unless otherwise defined, terms used in this announcement shall have the same meaning as used in the Circular.

The Company would like to inform the Shareholders that Kailong Real Estate and Hengda Real Estate have on 31 March 2017 entered into an agreement (the ''Amendment Agreement'') with 深圳市美投 步陽投資合夥企業(有限合夥) (Shenzhen Meitou Buyang Investment LLP) (''Meitou Buyang'')

pursuant to which Meitou Buyang agreed to subscribe for approximately 1.53% of new capital in Hengda Real Estate for an aggregate amount of RMB3,500,000,000. Meitou Buyang is a limited liability partnership established in the PRC and is principally engaged in the investment business. To the best knowledge of the Directors, having made all reasonable enquiries, Meitou Buyang and its ultimate beneficial owners are independent of and not connected with the Company or its connected persons.

Pursuant to the entering into of the Amendment Agreement, Kailong Real Estate, Hengda Real Estate and Meitou agreed to terminate the Meitou Investment Agreement. Save for the changing of the investor entity from Meitou to Meitou Buyang and the increase in the investment amount from RMB3,000,000,000 to RMB3,500,000,000, the terms of the Amendment Agreement are the same as the Meitou Investment Agreement.

By order of the board

China Evergrande Group Fong Kar Chun, Jimmy

Company Secretary

Hong Kong, 31 March 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. Xu Wen and Mr. Huang Xiangui, and the independent non- executive Directors are Mr. Chau Shing Yim, David, Mr. He Qi and Ms. Xie Hongxi.