Shimao Property : Unaudited Operating Statistics for the year ended 31 December 2015

Microsoft Word - E_813_Dec 2015 Sales_(clean)

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SHIMAO PROPERTY HOLDINGS LIMITED

世茂房地產控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 813)

UNAUDITED OPERATING STATISTICS FOR THE YEAR ENDED 31 DECEMBER 2015

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 year ended 31 December 2015 as follows:

For the year ended 31 December	Contracted sales (RMB million)	Year-on-year change	Contracted sold area (sq.m.)	Year-on-year change
2015	67,039	-4.5%	5,540,485	-4.3%
2014	70,216		5,788,804

In December 2015, the Group's contracted sales value amounted to approximately RMB6.23 billion (December 2014: RMB6.16 billion) and the Group's contracted sold area amounted to 508,927 sq.m. (December 2014: 508,658 sq.m.). The average selling price for December 2015 was RMB12,238 per sq.m..

The Group's aggregated contracted sales value for the year ended 31 December 2015 amounted to approximately RMB67.04 billion and the Group's aggregated contracted sold area amounted to 5,540,485 sq.m., recording year-on-year decreases of 4.5% and 4.3% respectively. The average selling price for the year ended 31 December 2015 was RMB12,100 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

Shimao Property Holdings Limited Hui Wing Mau

Chairman

Hong Kong, 15 January 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.