Country Garden : REDEMPTION OF 7.25% SENIOR NOTES DUE 2021

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This announcement is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever. Neither this announcement nor any copy hereof may be taken into or distributed in the United States or to any U.S. persons. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the Company and management, as well as financial statements. No public offer of securities is to be made by the Company in the United States.

COUNTRY GARDEN HOLDINGS COMPANY LIMITED

碧 桂 園 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2007)

REDEMPTION OF 7.25% SENIOR NOTES DUE 2021

Reference is made to the announcement of Country Garden Holdings Company Limited (the "Company") dated 26 September 2013 (the "Announcement") in relation to the issuance of 7.25% senior notes due 2021 (the "2021 Notes"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcement.

Pursuant to the terms of the indenture dated as of 4 October 2013 (as amended or supplemented from time to time), among the Company, the Subsidiary Guarantors and The Bank of New York Mellon, as trustee (the "Trustee") entered into in connection with the issuance of the 2021 Notes, the Company announces today that it has informed the Trustee and holders of the 2021 Notes that all outstanding 2021 Notes will be redeemed in full on 28 August 2020 (the "Redemption Date") at a redemption price equal to 100.00% of the principal amount thereof, plus accrued and unpaid interest to (but not including) the Redemption Date (the "Redemption Price").

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As of the date of this announcement, the outstanding principal amount of the 2021 Notes is US$750,000,000. Upon redemption of the outstanding 2021 Notes, the 2021 Notes will be cancelled and delisted from the Singapore Exchange Securities Trading Limited accordingly.

By order of the Board

Country Garden Holdings Company Limited

MO Bin

President and Executive Director

Foshan, Guangdong Province, the PRC, 29 July 2020

As of the date of this announcement, the executive directors of the Company are Mr. YEUNG Kwok Keung (Chairman), Ms. YANG Huiyan (Co-Chairman), Mr. MO Bin (President), Ms. YANG Ziying, Mr. YANG Zhicheng, Mr. SONG Jun and Mr. SU Baiyuan. The non-executive director of the Company is Mr. CHEN Chong. The independent non-executive directors of the Company are Mr. LAI Ming, Joseph, Mr. SHEK Lai Him, Abraham, Mr. TONG Wui Tung, Mr. HUANG Hongyan and Mr. TO Yau Kwok.

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