Shimao Property : Unaudited Operating Statistics for the seven months ended 31 July 2016

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

世 茂 房 地 產 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

The board of directors (the "Board") of Shimao Property Holdings Limited (the "Company") is pleased to announce certain unaudited operating statistics of the Company and its subsidiaries (together the "Group") for the seven months ended 31 July 2016 as follows:

In July 2016, the Group's contracted sales amounted to approximately RMB5.10 billion (July 2015: RMB4.04 billion) and the Group's contracted sold area amounted to 386,963 sq.m. (July 2015: 333,674 sq.m.). The average selling price for July 2016 was RMB13,185 per sq.m..

The Group's aggregated contracted sales for the seven months ended 31 July 2016 amounted to approximately RMB39.56 billion and the Group's aggregated contracted sold area amounted to 2,814,987 sq.m., recording year-on-year increase of 11% and decrease of 5% respectively. The average selling price for the seven months ended 31 July 2016 was RMB14,054 per sq.m..

The above-mentioned sales data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. As such, the above data is provided for investors' reference only. Investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, investors are advised to seek professional advice from professional or financial advisers.

On behalf of the Board

Chairman

Hong Kong, 5 August 2016

As at the date of this announcement, the Board of the Company comprises five executive directors, namely, Mr. Hui Wing Mau (Chairman), Mr. Hui Sai Tan, Jason (Vice Chairman), Ms. Tang Fei, Mr. Liao Lujiang and Mr. Kan Naigui; one non-executive director, namely, Mr. Liu Sai Fei; and three independent non-executive directors, namely, Ms. Kan Lai Kuen, Alice, Mr. Lu Hong Bing and Mr. Lam Ching Kam.