Longfor Properties : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY...

JOBNAME: 3703602-mO l annc PAGE: 1 SESS: 3 OUTPUT: Tue Sep 26 16:26:35 2017

Mark Trace: > mOO l (!st Proof 26/09/2017)

3703602-mO l annc (Longfor) I st Proof 26/9/2017 4:45 p.m. ("'•" 1,)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibil ity 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 upon the whole or any part of the contents of this announcement .

I- ..-.

Longfor Properties Co. Ltd.

ffg 5M ±t 1[ N 11 A.I

( Incorporated in the Cayman Islands with limited liability)

(Stock Code: 960)

VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY SUBSTANTIAL SHAREHOLDER

The board of director of Longfor Properties Co. Ltd. (the "Company") has been informed by Charm Talent International Limited ("Charm Talent"), a substantial shareholder of the Company, that Charm Talent acquired 1,000,000 ordinary shares of the Company (the "Shares") at an average price of HK$18.7839 each on 26 September 2017 (the "Acquisition").

The entire issued share capital of Charm Talent is wholly-owned by Silver Sea Asset Limited ("Silver Sea"), the entire issued share capital of which is in turn wholly owned by HSBC International Trustee Limited ("HSBC International Trustee") as the trustee of the Wu Family Trust. The Wu Family Trust is a discretionary trust set up by Madam Wu Yajun ("Madam Wu") as settlor and HSBC International Trustee as trustee on 11 June 2008. The beneficiary objects of the Wu Famil y Trust include certain family members of Madam Wu. Madam Wu is also the chairperson and an executive director of the Company.

Immediately prior to the Acquisition, Charm Talent was interested in 2,574,533,701 Shares, representing approximately 43.66% of the total issued share capital of the Company as at the date of this announcement. Immediately after the Acquisition, Charm Talent was interested in 2,575,533,701 Shares, representing approximately 43.68% of the total issued share capital of the Company as at the date of this announcement.

Hong Kong, 26 September 2017

By Order of the Board

Longfor Properties Co. Ltd.

WU Yajun

Chairperson

As at the date of this announcement, the Board comprises eight members: M adam Wu Yajun, M r. Shao M ingxiao, M r. Zhao Yi and M r. Li Chaojiang who are executive Directors; and M r. Frederick Peter Churchouse, M r. Chan Chi On, Derek, M r. Xiang Bing and M r. Zeng M ing who are independent non- executive Di rectors.