Guangzhou R&F Properties : Unaudited Operating Statistics for June 2018

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(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock code: 2777)

UNAUDITED OPERATING STATISTICS FOR

JUNE 2018

The board of directors (the "Board") of Guangzhou R&F Properties Co., Ltd. (the "Company", together with its subsidiaries, the "Group") is pleased to announce that the Group's attributable contracted sales for the month of June 2018 amounted to approximately RMB13.49 billion with 977,800 sq.m. of GFA. It represents a month-on-month increase of 29% and 19% respectively. It also represents a year-on-year increase of 63% and 77% respectively.

For the six months ended June 2018, our cumulative attributable contracted sales were RMB56.96 billion with 4,413,900 sq.m. sold. It represents a year-on-year increase of 47% and 50% respectively.

The sales data as disclosed above is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. As such, the above data is provided for investors' reference only. Investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, investors are advised to seek professional advice from professional or financial advisers.

By order of the Board Guangzhou R&F Properties Co., Ltd.

Michael Lee

Joint Company Secretary

3 July 2018, Hong Kong

As at the date of this announcement, the executive directors of the Company are Mr. Li Sze Lim, Mr. Zhang Li, Mr. Zhou Yaonan and Mr. Lu Jing; the non-executive directors are Ms. Zhang Lin and Ms. Li Helen; and the independent non-executive directors are Mr. Zheng Ercheng, Mr. Ng Yau Wah, Daniel and Mr. Wong Chun Bong.

* For identification purposes only