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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00123) ANNOUNCEMENT UNAUDITED SALES STATISTICS AS AT 30 NOVEMBER 2016

The board of directors ("Board") of Yuexiu Property Company Limited ("Company") is pleased to announce the unaudited sales statistics as at 30 November 2016 as follows:

CONTRACTED SALES IN NOVEMBER 2016

In November 2016, the value of the Company's contracted sales (including contracted sales by joint venture projects) amounted to approximately RMB2,016 million, representing a year-on-year decrease of approximately 11%. The corresponding gross floor area ("GFA") amounted to approximately 122,200 sq.m., representing a year-on-year decrease of approximately 43%.

The value of the aggregate contracted sales (including contracted sales by joint venture projects) of the Company for the period from January to November 2016 ("Accumulated Contracted Sales") amounted to approximately RMB26,877 million, representing a year-on-year increase of approximately 22%. The corresponding GFA of the Accumulated Contracted Sales amounted to approximately 2,163,200 sq.m., representing a year-on-year increase of approximately 7%. The value of the Accumulated Contracted Sales accounted for approximately 104% of the 2016 contracted sales target of RMB25.8 billion.

OTHER UPDATE

As at 30 November 2016, the value of preliminary sales (the formal sales contracts that are expected to be entered into soon) ("Preliminary Sales") is approximately RMB2,437 million, and the GFA of the Preliminary Sales is approximately 133,800 sq.m..

If the Preliminary Sales are aggregated with the Accumulated Contracted Sales, the total value of sales and the total corresponding GFA are approximately RMB29,314 million and approximately 2,297,000 sq.m. , respectively.

The above-mentioned sales data are unaudited and are based on the summary of internal information of the Company, which may differ from the figures to be disclosed in the audited or unaudited financial statements to be published by the Company on an annual or semi-annual basis due to various uncertainties during the process of collection and collating of such sales information. As such, the above data are 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.

Hong Kong, 6 December 2016

By Order of the Board

Yuexiu Property Company Limited Yu Tat Fung

Company Secretary

As at the date of this announcement, the Board comprises:

Executive Directors: ZHANG Zhaoxing (Chairman), ZHU Chunxiu, LIN Zhaoyuan,

LI Feng, OU Junming and OU Shao

Independent Non-executive Directors:

YU Lup Fat Joseph, LEE Ka Lun and LAU Hon Chuen Ambrose

Yuexiu Property Co. Ltd. published this content on 06 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 December 2016 09:59:03 UTC.

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