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CHINA EVERGRANDE GROUP

中 國 恒 大 集 團

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3333)

RESOLUTION OF THE BOARD

The board of directors (the ''Board'') of the Company announces that in consideration of the major asset reorganization project (the ''Reorganisation'') between Hengda Real Estate Group Co., Ltd (''Hengda Real Estate''), a subsidiary of the Company, and Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. (''Shenzhen Real Estate'') is progressing orderly, to ensure the smooth completion of the Reorganisation, the Board resolved to complete the approval of the detailed 2018 annual dividend distribution plan of the Company by no later than 31 December 2019.

At the same time, all the shareholders of Hengda Real Estate have unanimously agreed to adjust the annual dividend distribution in July each year as set out in the investment agreement to no later than the end of 2019 for the 2018 annual dividend.

By order of the Board

China Evergrande Group

Hui Ka Yan

Chairman

Hong Kong, 18 July 2019

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.

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China Evergrande Group published this content on 18 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 July 2019 09:09:08 UTC