Shimao Property : Announce Operating Statistics for September 2015 Contracted Sales amounted of RMB 7.04 billion

For nine months ended 30 September

Contracted sales

Y-o-Y change

Contracted sold area

Y-o-Y change

(RMB million)

(%)

(sq. m.)

(%)

2015

46,833

-7.6%

3,887,549

-6.7%

2014

50,696

4,167,287

Announce Operating Statistics for September 2015 Contracted Sales amounted of RMB7.04 billion

Operating Statistics for nine months ended 30 September (unaudited)*

(October 15, 2015 - Hong Kong) Shimao Property Holdings Limited ('Shimao Property' or the 'Company', together with its subsidiaries, the 'Group'; stock code: 813) is pleased to announce certain unaudited operating statistics of the Group for nine months ended 2015.

In September, 2015, the Group's contracted sales value amounted to approximately RMB7.04 billion (September 2014: RMB7.03 billion) and the contracted sold area amounted to 580,387 sq.m. (September 2014: 585,076 sq.m.), both recording an annual adjustment. The average selling price for September, 2015 was RMB12,136 per sq.m. and for the first nine months was RMB12,047 per sq.m..

On 30 September, the People's Bank of China and the China Banking Regulatory Commission jointly announced a key policy for the property industry, further reducing the down payment requirement in individual home-purchase financing for first time ordinary home buyers in those cities which are not subjected home purchase restriction to not less than 25% of the property value. Such relaxation is set to create an ideal environment for the Company's upcoming sale of the new launches.

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*All the above figures are unaudited and meant for reference only, and are not intended, nor should be construed, to be an investment advice. Investors should exercise caution when interpreting these data.

About Shimao Property Holdings Limited

Shimao Property is a leading developer of high quality real estate projects in China, with a broad-ranging portfolio of residential, commercial and hotel properties in prime locations. Currently, the Company has over 116 projects at different stages of development in more than 40 cities namely Shanghai, Beijing, Harbin, Wuhan, Nanjing, Fuzhou, Kunshan, Changshu, Shaoxing, Wuhu, Yantai, Jiaxing, Changzhou, Shenyang, Suzhou, Xuzhou, Hangzhou, Xianyang, Taizhou, Mudanjiang, Dalian, Ningbo, Qingdao, Xiamen, Changsha, Guangzhou, Tianjin, Chengdu, Nanchang, Wuxi, Huizhou, Jinjiang, Hainan Wenchang, Jinan, Changchun, Nontong, Shishi, Minhou, Zhang Jia Gang, Fenghua, Chongqing, Yinchuan, Jiangyin and Shenzhen etc..

The Group's highly-acclaimed projects have been well received by property buyers and investors both within the PRC and internationally, and have been accredited numerous awards. Shimao Property concluded its 20 years of development in the property market in China and had completed the corporate restructuring of injecting commercial assets to Shanghai Shimao Co. Ltd. ('A Share Company', SSE stock code: 600823) in 2009. The success of entering into the A share market represents an important milestone for the development of the Group.

For more information about Shimao Property, please visit the Group's website: www.shimaoproperty.com.

For enquiries： Mr. James Yu

Corporate Finance and Investor Relations Shimao Property Holdings Limited

Tel： 2511 9968

Fax： 2511 0278

Email： y u . j a m e s @ s h i m a o g r o u p . c o m . h k