Yuzhou Properties : Announcements and Notices - Voluntary Announcement Increase in Shareholding by Director and Controlling Shareholder

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 the Cayman Islands with limited liability)

(Stock Code: 01628)

VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY DIRECTOR AND CONTROLLING SHAREHOLDER

This announcement is made by Yuzhou Properties Company Limited (the "Company") on a voluntary basis.

The board (the "Board") of directors (the "Directors") of the Company was informed by Mr. Lam Lung On ("Mr. Lam"), an executive Director, the chairman of the Board and a controlling shareholder of the Company, that on 27 June 2018, Mr. Lam has acquired 200,000 shares of the Company (the "Shares") on the market for an aggregate consideration of HK$902,000 (representing an average price of HK$4.51 per Share) (the "Acquisitions"). The Acquisitions fully demonstrate Mr. Lam's confidence in the overall development prospects and growth potential of the Company.

Immediately following the Acquisitions, Mr. Lam is interested in an aggregate of 2,603,051,000 Shares, representing approximately 62.13% of the total issued share capital of the Company as at the date of this announcement, which comprised (i) 1,297,780,000 Shares held as beneficial owner; and (ii) 1,305,271,000 Shares held by Ms. Kwok Ying Lan, the spouse of Mr. Lam who is also an executive Director, the vice chairman of the Board and a controlling shareholder of the Company.

Based on the information available to the Company and to the best knowledge of the Board, the Company has maintained sufficient public float of the issued Shares following the Acquisition and as at the date of this announcement.

By order of the Board Yuzhou Properties Company Limited

Lam Lung On

Chairman

Hong Kong, 28 June 2018

As at the date of this announcement, the executive directors of the Company are Mr. Lam Lung On (Chairman, J.P.), Ms. Kwok Ying Lan and Mr. Lin Conghui, and the independent non-executive directors of the Company are Mr. Lam Kwong Siu, Mr. Wee Henny Soon Chiang and Dr. Zhai Pu.