China Aoyuan Property Group Limited proposed to conduct an international offering of USD senior notes. The pricing of the Notes, including the aggregate principal amount, the offer price and the interest rate, will be determined through a book building exercise to be conducted by UBS as the sole global coordinator and UBS, ABC International and Haitong International as the joint lead managers and joint book runners of the notes issue. Upon finalizing the terms of the Notes, it is expected that UBS, ABC International, Haitong International and the company, among others, will enter into the purchase agreement.

The notes and the subsidiary guarantees have not been and will not be registered under the U.S. Securities Act or any state securities laws and, unless so registered, may not be offered or sold within the United States and may only be offered, sold or delivered outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act. Accordingly, the Notes are being offered and sold only outside the United States in reliance on Regulation S. None of the Notes will be offered to the public in Hong Kong and none of the Notes will be placed with any connected persons of the company. The company intends to use the proceeds of the notes to refinance the group's existing indebtedness and for general corporate purposes.

The pricing and completion of the proposed Notes Issue are subject to market conditions and investor interest.