Announce Operating Statistics for July 2014

Contracted sales amounted to RMB5.5 billion

Operating Statistics for the first seven months ended 31 July (unaudited)*

(Aug 8, 2014 - 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 the first seven months ended 2014.

In July, 2014, the Group's contracted sales value amounted to approximately RMB5.52 billion (as compared to RMB4.07 billion in July 2013) and the Group's contracted sold area amounted to approximately 459,519 sq.m. (as compared to 299,483. in July 2013). The average selling price for July, 2014 was RMB12,015 per sq.m..

The Group's accumulated contracted sales for the seven months ended 31 July 2014 amounted to approximately RMB37.6 billion and the Group's accumulated contacted sold area amounted to approximately 3,079,604 sq.m., recording a year-on-year increase of 3% and increase of 10% respectively. the average selling price for the seven months in 2014 was RMB12,220 per sq.m..

Looking forward, the Group will launch a number of quality projects, mainly in September and October. To ensure product sell-though, it will adopt necessary sales management measures during this traditional sales peak season.

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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 inv estment 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 104 projects at different stages of development in more than 38 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, Nontong, Shishi, 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 / Ms. Tammy Tam

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/ t a m . t a m m y @ s h i m a o g r o u p . c o m . h k

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