3601801-m01annc

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) POLL RESULTS OF THE GENERAL MEETING

Reference is made to the circular of Yuexiu Property Company Limited ("Company") dated 25 April 2016 in relation to, among other things, the major transaction in relation to the proposed disposal of 49% equity interest in Guangzhou Hong Sheng Property Development Co., Ltd. Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that at the GM held on 11 May 2016, all the proposed resolutions as set out in the notice of the GM dated 25 April 2016 (the "GM Notice") were duly passed by the Shareholders by way of poll. Please refer to the GM Notice for the full version of the resolutions. The vote-taking at the GM was scrutinised by the Company's share registrar, Tricor Abacus Limited.

ORDINARY RESOLUTIONS

Number of Votes (%)

For

Against

1.

  1. To approve, ratify and confirm the Equity Transfer (including the entering into of the Equity Transfer Agreement by the Seller, the Purchaser and the Project Company) and the consummation of transactions contemplated thereunder as more particularly described in the Circular and on the terms and conditions set out in the Equity Transfer Agreement;

  2. to approve, ratify and confirm the Assignment of Loan (including the entering into of the Loan Assignment Agreement by the Loan Assignor, the Purchaser, the Project Company and the Seller) and the consummation of transactions contemplated thereunder as more particularly described in the Circular and on the terms and conditions set out in the Loan Assignment Agreement; and

  3. to authorise the Company and any one Director to complete and do all such acts or things (including executing all such documents, instruments and agreements as may be required) as the Company, such Director or, as the case may be, the Board may consider necessary, desirable or expedient or in the interest of the Company to give effect to the terms of the matters contemplated under the Equity Transfer Agreement, the Loan Assignment Agreement and all transactions contemplated thereunder and all other matters incidental thereto or in connection therewith.

7,460,608,240

(99.99%)

2,674

(0.01%)

2.

To re-elect Mr. Lin Zhaoyuan as an executive Director

7,435,043,640

(99.66%)

25,463,750

(0.34%)

3.

To re-elect Mr. Ou Shao as an executive Director

7,435,027,640

(99.66%)

25,463,750

(0.34%)

was the total number of Shares entitling the Shareholders to attend and vote on the resolutions at the GM. There were no restrictions on any Shareholders to cast votes on any of the proposed resolutions at the GM. There were no Shares entitling any Shareholders to attend and abstain from voting in favour of the proposed resolutions at the GM.

Hong Kong, 11 May 2016

For and on behalf of the Board of 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 11 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2016 11:32:06 UTC.

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