Longfor Properties : REDEMPTION OF 6.75% SENIOR NOTES DUE 2018

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.

This announcement is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction. The securities referred to herein will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States pursuant to an exemption from or a transaction not subject to, the registration requirements of the Securities Act. 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 making the offer and its management and, financial statements. The Company does not intend to make any public offering of securities in the United States.

Longfor Properties Co. Ltd.

ᎲಳήପϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 960)

REDEMPTION OF 6.75% SENIOR NOTES DUE 2018

Pursuant to the terms of the indenture, dated as of 28 May 2014 (as amended or supplemented from time to time), among Longfor Properties Co. Ltd. (the "Company"), the entities listed in Schedule I thereto as Subsidiary Guarantors, and The Hongkong and Shanghai Banking Corporation Limited as trustee, the Company wishes to announce that all outstanding 6.75% Senior Notes Due 2018 (the "Notes") of the Company has been fully redeemed on 28 May 2018, being the final maturity date of the Notes (the "Redemption Date"), at their principal amount plus accrued and unpaid interest to (but not including) the Redemption Date.

The redeemed Notes will be cancelled and will be delisted from the Official List of the Singapore Exchange Securities Trading Limited.

By Order of the Board

Longfor Properties Co. Ltd.

Wu Yajun Chairperson

Hong Kong, 29 May 2018

As at the date of this announcement, the Board comprises eight members: Madam Wu Yajun, Mr. Shao Mingxiao, Mr. Zhao Yi and Mr. Li Chaojiang who are executive Directors; and Mr. Frederick Peter Churchouse, Mr. Chan Chi On, Derek, Mr. Xiang Bing and Mr. Zeng Ming who are independent non-executive Directors.