Longfor Properties : COMPLETION OF REDEMPTION OF SENIOR NOTES DUE 2023

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 on the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction. The securities referred to herein will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States pursuant to an exemption from or a transaction not subject to, the registration requirements of the Securities Act. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the Company making the offer and its management and, financial statements. The Company does not intend to make any public offering of securities in the United States.

Longfor Properties Co. Ltd.

ᎲಳήପϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 960)

COMPLETION OF REDEMPTION OF SENIOR NOTES DUE 2023

Reference is made to the announcement of Longfor Properties Co. Ltd. (the "Company") dated January 9, 2018 (the "Announcement") in relation to the Company's plan to redeem all outstanding Notes in full on the Redemption Date. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

The Company has redeemed all outstanding Notes in full on the Redemption Date at the Redemption Price equal to 103.375% of the principal amount thereof plus accrued and unpaid interest to (but not including) the Redemption Date (the "Redemption").

The Company considers that there will be no material impact on its financial position as a result of the Redemption. Upon completion of the Redemption, the Notes have been cancelled and will be delisted from the Official List of the Singapore Exchange Securities Trading Limited.

By Order of the Board Longfor Properties Co. Ltd.

Wu Yajun Chairperson

Hong Kong, February 8, 2018

As at the date of this announcement, the Board comprises eight members: Madam Wu Yajun, Mr. Shao Mingxiao, Mr. Zhao Yi and Mr. Li Chaojiang who are executive directors; and Mr. Frederick Peter Churchouse, Mr. Chan Chi On, Derek, Mr. Xiang Bing and Mr. Zeng Ming who are independent non-executive directors.