Country Garden : · 2016-06-29 INSIDE INFORMATION ISSUE OF ASSET-BACKED SECURITIES BY THE ACCOUNT RECEIVABLES FOR THE BALANCE PAYMENT OF PROPERTIES SOLD BY FUJIAN COUNTRY GARDEN PROPERTY DEVELOPMENT CO. LTD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

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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 ISSUE OF ASSET-BACKED SECURITIES BY THE ACCOUNT RECEIVABLES FOR THE BALANCE PAYMENT OF PROPERTIES SOLD BY FUJIAN 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") is pleased to announce that Fujian Country Garden Property Development Co. Ltd. (福建省碧桂園房地產開發有限公司) (the "Issuer"), a

company established in the People's Republic of China (the "PRC") and a wholly-owned subsidiary of the Company, has on 29 June 2016 determined to issue the asset-backed securities which are backed by the account receivables for the balance payment of properties sold (the "Asset-backed Securities") with a principal amount of RMB1,411,000,000.00 to qualified investors in the PRC (the "Issue"). Ping An Securities Company Ltd. (平安證券有限責任公司) is the manager of the Issue.

The senior tranche A of the one-year tenure ("Tranche A1") and the two-year tenure ("Tranche A2") Asset-backed Securities will have a coupon rate of 4.5% with an issue amount of RMB390,000,000.00 and a coupon rate of 5.0% with an issue amount of RMB540,000,000.00, respectively. The senior tranche B ("Tranche B") of the two-year tenure Asset-backed Securities will have a coupon rate of 6.0% with an issue amount of RMB410,000,000.00. The equity tranche of the two-year tenure Asset-backed Securities with an issue amount of RMB71,000,000.00 will not have an explicit coupon rate but will receive the residual cash flows collected from the balance payment after the distribution to Tranche A1, Tranche A2 and Tranche B.

The proceeds from the Issue will be used for general working capital purposes of the Group.

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, 29 June 2016

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. MEI Wenjue and Mr. YEUNG Kwok On.