【For Immediate Release】

Evergrande Real Estate Group Limited

恒 大 地 產 集 團 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

Evergrande Announces Contracted Sales Results Update for 2014 and Contract Sales Target for 2015

(7 January 2015, Hong Kong) Evergrande Real Estate Group Limited ("Evergrande" or the "Group", SEHK stock code: 3333), one of the leading large-scale integrated residential property developers in China, announces today its contracted sales results for 2014 and contract sales target for 2015.
For the full year of 2014, the Group achieved contracted sales amounted to RMB131.51 billion, up 31.0% year on year. The Group has completed 119.6% of its full-year contract sales target. Contracted sales area for 2014 was 18,198,000 sq. m., with contracted average selling price ("ASP") at RMB7,227 per sq. m., representing a year-on-year growth of 22.2% and 7.2% respectively.
The Group has set the contract sales target of RMB150 billion for 2015, or 36.4% higher than that of RMB110 billion for 2014. The Group is fully confident about achieving the target, and will continue to maintain its status as a leading developer of high quality properties with standardized operations in China.

Comparison Chart of Contracted Sales Between 2014 and 2013 100,397 131,514 14,894 18,198 6,741 7,227

2013 2014

2013 2014

2013 2014

Contracted Sales Comparison

(RMB million)

Contracted Sales Area Comparison

('000 sq. m.)

Contracted ASP Comparison

(RMB/ sq. m.)

Evergrande Real Estate Group Limited

Evergrande Announces Contracted Sales Results Update for 2014 and Contract Sales Target for 2015

7 January 2015/Page 2

(Cont'd)

Contracted Sales of January To December 2014

Contracted Sales (RMB Billion) Contracted ASP (RMB/ sq. m.)

10,000

20.0

16.0

7,738

6,592 6,762

6,875

6,333

8,347

7,145

6,870 6,788

8,797

7,927

7,126

8,000

12.0

6,000

8.0

1.04

9.04

10.43

13.89

11.82

3.1

10.8

9.89

8.23 9.05

13.41

10.8

4,000

4.0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2,000

(There could be discrepancies between the above-mentioned unaudited sales information and the information disclosed in periodic reports because the relevant statistics are preliminary information solely for investors' reference.)
- End -

For further information, please contact: iPR Ogilvy & Mather

Natalie Tam / Charis Yau / James Wong / Clara Liu / Michelle Tang
Tel: (852) 2136 6182 / 2136 6183 / 3920 7642 / 3920 7631 / 3920 7651
Fax: (852)3170 6606
Email: evergrande@iprogilvy.com

Evergrande Real Estate Group Limited

Investor Relations

Tel: (852) 2287 9218 / 2287 9207
Email: chenfen@evergrande.com / caiqin@evergrande.com

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