(Hong Kong, March 14, 2013) Hang Lung Group Limited (HKSE stock code: 10) and Hang Lung Properties Limited (HKSE stock code: 101) today published their annual reports for the financial year of 2012 running from January 1 through December 31, 2012.

Enlarging on the annual reports' theme of "We Do it Right", Mr Ronnie C. Chan, Chairman of Hang Lung Group Limited and Hang Lung Properties Limited, has once again articulated through the reports the key aspects of the companies, including the strategies and the thinking behind them.

The FY2012 annual reports are an indispensable part of Hang Lung's efforts to present to shareholders a complete picture of the vital undertakings at the companies, ranging from market timing, location choice and architectural design to project operation and talent development. All of these endeavors measure up to the serious commitment and meticulous standards upon which Hang Lung has built its business - in other words, "We Do it Right". By applying this guiding principle through precise planning and skillful execution, Hang Lung has continued to deliver solid growth for shareholders in spite of the ongoing volatility in the global economy.

The reports also shed fresh light on some of the common misunderstandings regarding mainland China's shopping center business and related industry dynamics, and the commanding competitive advantage Hang Lung has been enjoying in the commercial real estate marketplace, making it among the very few winners in the Mainland cities in which it operates.

The current decade heralds Hang Lung's golden era, and the fruits of the efforts made have begun to be tasted. New developments are being successfully completed and overall rents have been rising. Rental margin has improved and rental yield is coming through. As long as Hang Lung holds steady to its course and executes diligently, a bountiful harvest shall be reaped.

Looking into 2013, Phase 1 of Center 66 in Wuxi is on track for launch in September. Leasing at the mall is progressing well and full occupancy is expected at the opening.

The FY2012 annual reports are now available for downloading from the Hang Lung corporate website at www.hanglung.com.

Hang Lung Group
PDF version:
http://www.hanglung.com/en/hang-lung-group/investor-relations/financial-information/financial-reports/annual-report-2012.aspx
Flip book version:
http://www.hanglung.com/HLGAnnualReport2012/

Hang Lung Properties
PDF version:
http://www.hanglung.com/en/investor-relations/financial-information/financial-reports/annual-report-2012.aspx
Flip book version:
http://www.hanglung.com/HLPAnnualReport2012/

About Hang Lung Group
Hang Lung Group is listed on the Stock Exchange of Hong Kong Limited and is one of the most established listed companies in Hong Kong with more than 50 years of experience in the property development market. Through its subsidiary - Hang Lung Properties Limited - the Group has built a leading reputation as a top tier property developer in Hong Kong and on the Mainland, with a recognized commitment to quality. The Group's businesses in Hong Kong include property development for sale and lease. Its substantial portfolio includes well-planned large-scale commercial, office and residential developments in prominent locations. In November 2009, Hang Lung Group was named among the Ten Best Performing Companies in Corporate Governance Score in a survey jointly organized by The Hong Kong Institute of Directors and Hong Kong Baptist University.

About Hang Lung Properties
Hang Lung Properties Limited, a constituent stock of the Hang Seng Index and Hang Seng Corporate Sustainability Indices in Hong Kong, is a leading real estate developer in Hong Kong and mainland China. Boasting a diversified portfolio of investment properties in Hong Kong, the Company has progressively branched out into the Mainland since the 1990s, building, owning and managing world-class commercial complexes in key cities that have earned international acclaim for their exceptional quality of architectural design, services and sustainable features.

Riding on the immense success of its two landmark properties in Shanghai, Plaza 66 and Grand Gateway 66, the Company's footprint has expanded to Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming and now to Wuhan, following the successful acquisition of a prime site in that city in February 2013, with all the Mainland projects carrying the "66" brand. Subsequent to the grand openings of Palace 66 in Shenyang and Parc 66 in Jinan in the past few years, Forum 66, another world-class investment property in Shenyang, came into being last September. As Hang Lung's business continues to grow, the Company is set to develop into the most admired mega national commercial property enterprise in the market.

Media contact:
Athena Tai
Manager
Corporate Communications
AthenaTai@hanglung.com

Elisa Fong
Assistant Manager
Corporate Communications
ElisaFong@hanglung.com

Download Photos:
The FY2012 annual reports of Hang Lung Group Limited and Hang Lung Properties Limited bear the theme "We Do it Right".
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