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Explanation on Evergrande’s Property Sales

 Date:2010.05.12   Publisher:Evergrande Group

I   Evergrande’s properties were sold at a discount of 5% to 10% at different times before they had the uniform price at a discount of 15%, which meant all the properties had an allowance of 5% to 10% of the actual price.

Ⅱ  The special discount of Evergrande’s prosperities is determined according to the state of market, with the adjustment once every two weeks in principle.

Ⅲ  Unfortunately, on May 7, two local media confounded the clearance price of certain floor and remaining houses with poor orientations (the proportion not exceeding 2%) with the uniform price at a discount of 15%, and arrived at and spread the conclusion that the price seemed to decrease but actually increased.

Ⅳ  All the sales and information about Evergrande should be subject to our company’s official website (www.evergrande.com).

Ⅴ  We welcome the media and the society to supervise Evergrande’s property sales.

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