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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.


COUNTRY GARDEN HOLDINGS COMPANY LIMITED

碧桂園控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2007)


INSIDE INFORMATION PROPOSED ISSUE OF NON-PUBLIC DOMESTIC CORPORATE BONDS BY ZENGCHENG COUNTRY GARDEN PROPERTY DEVELOPMENT CO. LTD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY


This announcement is made pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).


The board of directors (the 'Board') of Country Garden Holdings Company Limited (the 'Company', together with its subsidiaries, the 'Group') announces that Shanghai Stock Exchange (上海證券交易所) has approved and issued No Objection Letter for the application of Zengcheng Country Garden Property Development Co. Ltd. (增城市碧桂園物業發展有限公司), a company established in the People's Republic of China (the 'PRC') and a wholly-owned subsidiary of the Company (the 'Issuer') for the proposed issue of non-public domestic corporate bonds of up to

RMB8,000,000,000 (the ''Non-Public Domestic Bonds'') to qualified investors in tranches. The Non-Public Domestic Bonds will not be offered to the general public. The Non-Public Domestic Bonds will be listed for transfer on the Shanghai Stock Exchange (上海證券交易所).


The Issuer plans to issue the first tranche of the Non-Public Domestic Bonds with a principal amount of not exceeding RMB4,000,000,000 (the 'First Non-Public Domestic Bonds') in the fourth quarter of 2015 and will commence marketing of the First Non-Public Domestic Bonds to qualified investors (the 'Proposed Non-Public Issue'). GF Securities Co., Ltd. ( 廣發證券股份有限公司) was

appointed as the lead manager for the Proposed Non-Public Issue.


The coupon rate of the First Non-Public Domestic Bonds will be determined through a book-building exercise and is subject to market conditions and investors' interest. The Company will make further announcement in respect of the detailed arrangement of the issue of the First Non-Public Domestic Bonds as and when appropriate. The proceeds from the Proposed Non-Public Issue are expected to be used for refinancing certain of the Group's existing indebtedness and for general working capital purposes.


As the Proposed Non-Public Issue may or may not proceed, holders of shares or other securities of the Company and potential investors should exercise caution when dealing in the shares or other securities of the Company.

By order of the Board

Country Garden Holdings Company Limited WU Jianbin

Executive Director


Foshan, Guangdong Province, the PRC, 30 October 2015


As of the date of this announcement, the executive directors of the Company are Mr. YEUNG Kwok Keung (Chairman), Ms. YANG Huiyan (Vice Chairman), Mr. MO Bin (President), Mr. ZHU Rongbin (Associate President), Mr. WU Jianbin (Chief Financial Officer), Ms. YANG Ziying, Mr. SU Rubo, Mr. OU Xueming, Mr. YANG Zhicheng, Mr. XIE Shutai, Mr. SONG Jun, Mr. LIANG Guokun and Mr. SU Baiyuan. The independent non-executive directors of the Company are Mr. LAI Ming, Joseph, Mr. SHEK Lai Him, Abraham, Mr. TONG Wui Tung, Ronald, Mr. HUANG Hongyan, Ms. HUANG Xiao, Mr. LIU Hongyu, Mr. MEI Wenjue and Mr. YEUNG Kwok On.

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