China Evergrande : PROPOSED PAYMENT OF DIVIDEND FOR THE TWO FINANCIAL YEARS OF 2016 AND 2017

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CHINA EVERGRANDE GROUP 中 國 恒 大 集 團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3333)

PROPOSED PAYMENT OF DIVIDEND

FOR THE TWO FINANCIAL YEARS OF 2016 AND 2017

The board of directors (the ''Board'') of China Evergrande Group (the ''Company'') announces that at the Board meeting held on 20 August 2018, the Board has resolved to recommend of a dividend of RMB1.130 (HK$1.287) per share of the Company (''Shares'') for the two financial years ended 31 December 2016 and 2017 (the ''Proposed Dividend Payment'').

The Proposed Dividend Payment is subject to the approval by the shareholders of the Company at an extraordinary general meeting to be convened to approve the Proposed Dividend Payment.

Further details about the Proposed Dividend Payment and the notice of general meeting will be set out in the circular to be despatched to the shareholders.

As the Proposed Dividend Payment is subject to the approval of the shareholders of the Company, shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the board

China Evergrande Group

Hui Ka Yan

Chairman

Hong Kong, 20 August 2018

As at the date of this announcement, the executive Directors are Mr. Hui Ka Yan, Mr. Xia Haijun, Ms. He Miaoling, Mr. Shi Junping, Mr. Pan Darong and Mr. Huang Xiangui, and the independent non- executive Directors are Mr. Chau Shing Yim, David, Mr. He Qi and Ms. Xie Hongxi.