Evergrande Real Estate : PROPOSED CHANGE OF COMPANY NAME; FINAL DIVIDEND PAYMENT DATE

44027-01A 1..3

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Evergrande Real Estate Group Limited

恒 大 地 產 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3333)

PROPOSED CHANGE OF COMPANY NAME FINAL DIVIDEND PAYMENT DATE

Proposed Change of Company Name

The board of directors (the ''Board'') of Evergrande Real Estate Group Limited (the ''Company'') proposes to change the name of the Company from ''Evergrande Real Estate Group Limited'' to

''China Evergrande Group'' and the change of the dual foreign name of the Company from ''恒大地

產集團有限公司'' to ''中國恒大集團'' (the ''Proposed Change of Company Name'').

The Proposed Change of Company Name is subject to approval by special resolution of the shareholders of the Company at the annual general meeting of the Company to be held on 16 June 2016 (the ''AGM'') and approval by the Registrar of Companies of the Cayman Islands.

A circular containing, among other things, information relating to the Proposed Change of Company Name and notice of the AGM has been despatched to the shareholders of the Company. Assuming the Proposed Change of Company Name becomes effective, a further announcement will be made of the date on which it becomes effective.

Final Dividend Payment Date

The Board would like to inform the shareholders that the expected payment date for the final dividend for 2015 will be changed to 8 July 2016.

PROPOSED CHANGE OF COMPANY NAME

The Board proposes to change the name of the Company from ''Evergrande Real Estate Group Limited'' to ''China Evergrande Group'' and the change of the dual foreign name of the Company from

''恒大地產集團有限公司'' to ''中國恒大集團''.

Conditions for the Proposed Change of Company Name

The Proposed Change of Company Name is subject to the following conditions:

1. the shareholders of the Company approving the Proposed Change of Company Name by way of a special resolution; and

2. the Registrar of Companies in the Cayman Islands approving the Proposed Change of Company Name.

Subject to the satisfaction of the above conditions, the Proposed Change of Company Name will take effect from the passing of the special resolution approving the Proposed Change of Company Name by the shareholders of the Company. A certificate of change of name will be issued by the Registrar of Companies in the Cayman Islands upon the filing of the special resolution. The Company will then carry out the necessary filing procedures with the Companies Registry in Hong Kong.

Reasons for the Proposed Change of Company Name

The Company has in recent years diversified its businesses and the businesses of the Group now encompass property development, finance, internet, healthcare, culture and tourism. Although property development remains the core business of the Company, the Directors consider that the Proposed Change of Company Name will better reflect the diversified business strategy and corporate identity of the Company.

Effect of the Proposed Change of Company Name

The Proposed Change of Company Name will not affect any of the rights of the Shareholders. All existing share certificates in issue bearing the Company's existing name shall, after the Proposed Change of Company Name having become effective, continue to be evidence of the title of the securities of the Company and will continue to be valid for trading, settlement, registration and delivery purposes. There will not be any arrangements for free exchange of existing share certificates for new share certificates bearing the new name of the Company. Share certificates of the Company which are issued after the Proposed Change of Company Name having become effective will be in the new name of the Company.

The Company will make further announcement in respect of the change in the stock short name of the Company for trading purpose (if any).

General

A circular containing, among other things, information relating to the Proposed Change of Company Name and notice of the AGM has been despatched to the shareholders of the Company. Assuming the Proposed Change of Company Name becomes effective, a further announcement will be made of the date on which it becomes effective.

FINAL DIVIDEND PAYMENT DATE

Reference is made to the expected final dividend payment date in the 2015 results announcement of the Company dated 29 March 2016 and the 2015 annual report of the Company. The Board would like to inform the shareholders that the expected final dividend payment date for shareholders who name appears on the register of members of the Company on 22 June 2016 has been changed from 4 July 2016 to 8 July 2016.

By order of the board

Evergrande Real Estate Group Limited Hui Ka Yan

Chairman

Hong Kong, 17 May 2016

As at the date of this announcement, the executive Directors are Mr. Hui Ka Yan, Mr. Xia Haijun, Ms. He Miaoling, Mr. Tse Wai Wah, 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.