Shimao Property : Letter to Shareholder(s) - Notification of publication of Corporate Communications

(Incorporated in the Cayman Islands with limited liability)

€׵කਟ໊ࢥൗ̅ϓͭʘϞࠢʮ̡

€Stock code ٰ΅˾໮j 813

23 April 2018

Dear Shareholder(s),

Notification of publication of 2017 Annual Report, Circular dated 23 April 2018 in relation to General Mandates to Issue and Buy Back Shares, Re-election of Retiring Directors and Notice of Annual General Meeting together with form of proxy (collectively the "Current Corporate Communications")

We hereby notify you that the Current Corporate Communications of Shimao Property Holdings Limited (the "Company"), in both English and Chinese versions, are now available on the Company's website atwww.shimaoproperty.com. You may access the 2017 Annual Report under the Investor Relations section and the Circular dated 23 April 2018 (which includes the notice of annual general meeting) as well as the form of proxy under the Announcements/Press Center section, on the Company's website. If you have elected to receive the Corporate Communication(Note) in printed form, the Current Corporate Communications in printed form of your selected language(s) are enclosed.

If you wish to receive the printed copies of the Current Corporate Communications, please complete Part A of the request form (the "Request Form") (at the back of this letter) and return it to the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited by post (using the mailing label provided) or by email atshimao-ecom@hk.tricorglobal.com. The printed copies of the Current Corporate Communications will be sent to you free of charge upon receipt of your request. If you have elected (or are deemed to have elected) to access the Corporate Communication by electronic means through the Company's website atwww.shimaoproperty.combut for any reason have difficulty in receiving or gaining access to the Corporate Communication, or wish to receive them in printed form, the Company will promptly upon receiving your written request send the Corporate Communication to you in printed form free of charge.

You may at any time change your choice of language or means of receipt of the Company's all future Corporate Communications, free of charge, by completing Part B of the Request Form (at the back of this letter) and returning it to Tricor Investor Services Limited.

Should you have any queries relating to this letter, please contact Customer Service Hotline of Tricor Investor Services Limited at (852) 2980 1333 from 9:00 a.m. to 6:00 p.m., Monday to Friday (excluding Hong Kong public holidays).

Yours faithfully,

Lam Yee Mei, Katherine Company Secretary

Note:

Corporate Communication refers to any document issued or to be issued by the Company for information or action of holders of securities of the Company, including but not limited to annual report, summary financial report (where applicable), interim report, summary interim report (where applicable), quarterly report, notice of meeting, listing document and circular.

ห઼٫j

2017 ϋజe˚ಂމ 2018 ϋ 4 ˜ 23 ˚Ϟᗫ೯БʿΫᒅٰ΅ʘɓছબᛆeࠠ፯ৗ΂໨ԫʿٰ؇඄ϋɽึஷѓʘஷՌ ʿ˾ڌ։΂ڌࣸ€୕၈˜݊ϣʮ̡ஷৃ™ʘ೯бஷٝ

˰߱גήପછٰϞࠢʮ̡€˜ ͉ʮ̡ ™ତᔫஷٝტɨd͉ʮ̡݊ϣʮ̡ஷৃʘߵ˖ʿʕ˖و͉dତʊ೮༱׵͉ ʮ̡ၣ१www.shimaoproperty.com fტɨତ̙׵͉ʮ̡ၣ१ʫ˜ҳ༟٫ᗫڷ™ɓᙷቡᚎ 2017 ϋజʿ׵˜ʮѓ༟ৃŊ อၲʕː™ɓᙷቡᚎ˚ಂމ 2018 ϋ 4 ˜ 23 ˚ٙஷՌ€ٰܼ̍؇඄ϋɽึஷѓ˸ʿ˾ڌ։΂ڌࣸfνტɨʊ፯኿

ϗ՟ʮ̡ஷৃ ʘΙՏ͉dତᎇՌڝɪტɨה፯኿ʘႧԊو͉ٙ݊ϣʮ̡ஷৃʘΙՏ͉f ࡊტɨᏝϗ՟݊ϣʮ̡ஷৃٙΙՏ͉dሗ෬Ѽ͡ሗڌࣸ€˜ ͡ሗڌࣸ ™€׵͉Ռٙߠࠫٙ͠௅ʿл͜ඉ੔ᅺᜀ ੔Ϋ͉ʮ̡ʘٰ΅ཀ˒ʿ೮া࠰ಥʱஈՙԳᗇՎ೮াϞࠢʮ̡אཥඉЇshimao-ecom@hk.tricorglobal.com f͉ ʮ ̡ึᏐტɨٙࠅӋdе൬೯৔݊ϣʮ̡ஷৃٙΙՏ͉ʚტɨfࡊტɨ፯኿€א஗ൖމʊ፯኿ீཀ͉ʮ̡ٙၣ १www.shimaoproperty.com ˸ཥɿ˙όቡᚎʮ̡ஷৃdШΪ΂Оଣ͟׵ϗ՟אટϗʮ̡ஷৃࣛ༾ՑѢᗭdאᏝϗ ՟ΙՏ͉d͉ʮ̡ίϗՑტɨࣣٙࠦࠅӋܝึͭуΣტɨе൬೯৔༈ʮ̡ஷৃʘΙՏ͉f ტɨ̙ᎇࣛһҷϗ՟͉ʮ̡הϞ˚ܝʮ̡ஷৃٙႧԊو͉אϗ՟˙όٙ፯኿d൬͜Όеfሗ෬ᄳ͡ሗڌࣸ€׵ ͉Ռٙߠࠫٙɔ௅d್ܝҪڌࣸʹΫՙԳᗇՎ೮াϞࠢʮ̡f ࡊტɨ࿁͉ՌϞ΂Оဲਪdሗ׵݋ಂɓЇʞ€࠰ಥʮ଺৿ಂৰ̮ɪʹ 9 ࣛЇɨʹ 6 ࣛߧཥՙԳᗇՎ೮াϞࠢʮ ̡܄˒؂ਕᆠᇞ (852) 2980 1333 ݟ ༔f

€ڝ ൗ

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ΐЗٰ؇ ʮ̡।ࣣ ؍ၥᑢ ᔫ઼

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2018 ϋ 4 ˜ 23 ˚

ڝൗj ʮ̡ஷৃܸ͉͟ʮ̡೯̈אਗ਼ʚ೯̈˸Զ͉ʮ̡ᗇՎܵϞɛਞ๫אમ՟Бਗٙ΂О˖΁dՉʕܼ̍Шʔࠢ׵ϋజe ৌਕ࿜ࠅజѓ€νቇ͜eʕಂజѓeʕಂ࿜ࠅజѓ€νቇ͜e֙ܓజѓeึᙄஷѓeɪ̹˖΁ʿஷՌf

REQUEST FORM ͡ሗڌࣸ

To:

Shimao Property Holdings Limited (the "Company") (Stock Code: 813)

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c/o Tricor Investor Services Limited Level 22, Hopewell Centre

183 Queen's Road East, Hong Kong

˰߱גήପછٰϞࠢʮ̡€˜͉ʮ̡™ €ٰ΅˾໮j 813 ຾ՙԳᗇՎ೮াϞࠢʮ̡ ࠰ಥެΧɽ༸؇ 183 ໮ Υձʕː 22 ᅽ

Part A - I/We would like to receive the Current Corporate Communications of the Company as indicated below: ͠௅Ñ͉ɛŊшഃҎૐ˸ɨΐ˙όϗ՟͉ʮ̡݊ϣʮ̡ஷৃj

(Please mark (X) in the following box ሗ׵ɨΐ٤ࣸʫྌɪ˜ X™໮ )

½ to receive printed copies of the Current Corporate Communications.

ϗ՟݊ϣʮ̡ஷৃʘΙՏ͉f

Part B - I/We would like to change the choice of language or means of receipt of future Corporate Communications of the Company as indicated below: ɔ௅Ñ͉ɛŊшഃҎૐһҷϗ՟͉ʮ̡˚ܝʮ̡ஷৃʘႧԊو͉אϗ՟˙όʘ፯኿j

(Please mark (X) in ONLY ONE of the following boxes ሗ੽ɨΐ΢٤̥ࣸ፯՟Չʕɓࡈ٤ࣸʫྌɪ˜ X™໮ )

• ½ to read the website version of all future Corporate Communications on the Company's website in lieu of receiving printed copies; and to receive an email notification or a notification letter of the availability of the Corporate Communication on the Company's website; OR ׵͉ʮ̡ၣ१ቡᚎהϞ˚ܝʮ̡ஷৃʘၣɪو͉ d˸˾ಁϗ՟ΙՏ͉dԨϗ՟ʮ̡ஷৃί͉ʮ̡ၣ१ʊ೯бʘཥඉஷ

  ٝאஷٝڦՌiא

  Email Address ཥඉήѧ

  (The Company will send to the email address provided above (if any) a notification of the availability of the Corporate Communication on the Company's website in the future. If no email address is provided, only a notification letter of the availability of the Corporate Communication on the Company's website will be sent to the shareholder. Please provide the email address in Block Letters and the email address is used for notification of release of Corporate Communication only.)

  €͉ʮ̡˚ܝึίʮ̡ஷৃ׵͉ʮ̡ၣ१ʊ೯бࣛd೯̈ஷٝЇ˸ɪ౤Զʘཥඉήѧ€νϞfν͊Ϟ౤Զཥඉήѧdۆ ึίʮ̡ஷৃ׵͉ʮ̡ၣ१ʊ೯бࣛdස೯̈ஷٝڦՌʚტɨf ሗ˸ฺ͍෬ᄳཥඉήѧ dϾ༈ཥඉήѧසԶ͜Ъ೯৔ Ϟᗫʮ̡ஷৃʊ೯бʘஷٝf

• ½ to receive the printed English version of all future Corporate Communications ONLY; OR ස ϗ՟הϞ˚ܝʮ̡ஷৃʘߵ˖ΙՏ͉ iא

• ½ to receive the printed Chinese version of all future Corporate Communications ONLY; OR ස ϗ՟הϞ˚ܝʮ̡ஷৃʘʕ˖ΙՏ͉ iא

• ½ to receive both the printed English and Chinese versions of all future Corporate Communications. Νࣛϗ՟הϞ˚ܝʮ̡ஷৃʘߵ˖ʿʕ˖ΙՏ͉f

• 1. Please complete, sign and return this request form to the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited, by post (using the mailing label as indicated below) or by email atshimao-ecom@hk.tricorglobal.com.

  ሗ෬Ѽʿᖦ໇Ϥ͡ሗڌࣸdԨ຾ඉ჈€ܲɨࠑʘܸͪԴ͜ඉ੔ᅺᜀאཥඉЇshimao-ecom@hk.tricorglobal.com ʹΫ͉ʮ̡ʘٰ΅ཀ˒ʿ೮া࠰ಥʱஈՙ ԳᗇՎ೮াϞࠢʮ̡f

• 2. The instruction under Part B above will apply to all future Corporate Communications to be sent to you until you inform us otherwise.

  ɪࠑɔ௅ܸٙͪਗ਼ቇ͜׵˚ܝΣტɨ೯̈ٙהϞʮ̡ஷৃdٜЇტɨ̤Бஷٝމ˟f

• 3. If your shares are held in joint names, the shareholder whose name stands first on the register of members of the Company in respect of the joint holding should sign on this request form in order to be valid.

  ν᙮ᑌΤٰ؇dۆϤ͡ሗڌࣸ඲͟ί͉ʮٰ̡؇Τ̅ɪఱᑌΤܵϞٰ΅ϾՉ֑Τΐ࠯Зٰٙ؇ᖦ໇d˙މϞࣖf

• 4. For the avoidance of doubt, we do not accept any special instruction written on this request form.

  މеπဲd΂ОίϤ͡ሗڌࣸɪ˓ᄳٙᕘ̮ܸͪdਗ਼ʔᐏஈଣf

Mailing Label ඉ੔ᅺᜀ

Please cut the mailing label and stick this on an envelope to return this Form to us.

No postage stamp is required for local mailing

຅ტɨ੔ΫϤڌࣸࣛdሗਗ਼Ϥඉ੔ᅺᜀ਒൨׵ڦ܆ɪf νί͉ಥҳ੔dۆˡ඲൨ɪඉୃ

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