Shimao Property : Operating Statistics for September 2016

For the nine months ended 30 September
Contracted sales	Y-o-Y change	Contracted GFA	Y-o-Y change
(RMB million)	(%)	(sq. m.)	(%)
2016	51,263	+9%	3,699,176	-5%
2015	46,833		3,887,549

Announce Operating Statistics for September 2016 Contracted Sales amounted to RMB6.48 billion Operating Statistics for the month ended 30 September (unaudited)* (October 14, 2016 - Hong Kong) Shimao Property Holdings Limited ("Shimao Property" or the "Company", together with its subsidiaries, the "Group"; stock code: 813) is pleased to announce certain unaudited operating statistics of the Group for the nine months ended 30 September 2016. In September 2016, the Group's contracted sales value amounted to approximately RMB6.48 billion (September 2015: RMB7.04 billion) and the contracted GFA amounted to 491,425 sq.m. (September 2015: 580,387 sq.m.). The Group's aggregated contracted sales for the nine months ended 30 September 2016 amounted to approximately RMB51.26 billion, representing a year-on-year increase of 9%. The average selling price for September 2016 was RMB13,196 per sq.m. and for the nine months was RMB13,858 per sq.m.. The Group's newly launched projects in September received great responses - 580 units were sold out overnight for Guangzhou Asian Games City fetching a sales value of RMB1.2 billion, 156 units were sold out immediately for Qingdao Shimao Noosa Bay, 158 units were sold out within an hour for Fuzhou Guling project and 256 units were sold out within 2 hours for Fuzhou Pingtan Straits Future City. However, since the start of Golden Week holidays, new tightening measures in the form of an upgrade in home purchase restrictions, LTV adjustments and ASP control were rolled out in 21 hot 1st- and 2nd-tier cities within 9 days. Beijing started off with 8 measures on 30 September, followed by Tianjin, Suzhou, Zhengzhou, Chengdu, Wuxi, Jinan, Hefei, Wuhan, Shenzhen, Guangzhou, Foshan, Nanjing, Xiamen, Nanning, Zhuhai, Dongguan, Huizhou, Fuzhou, Shanghai and Nanchang. These 21 cities announced new tightening measures so as to lower investment demand, curb asset bubbles, and prevent financial risks. Regarding the hotel segment, after MiniMax Hotel Linyi Binhe, the Group signed on its second entrusted management project on 1 September - MiniMax Hotel Shijiazhuang Outlets, which is expected to be opened in 1H2018. It will be located at Zhuo Yue Outlet International Centre, the first Italian lifestyle complex in China. - END - *All the above figures are unaudited and meant for reference only, and are not intended, nor should be construed, to be an investment advice. Investors should exercise caution when interpreting these data.

About Shimao Property Holdings Limited Shimao Property is a leading developer of high quality real estate projects in China, with a broad-ranging portfolio of residential, commercial and hotel properties in prime locations. Currently, the Company has over 116 projects at different stages of development in 41 cities namely Shanghai, Beijing, Harbin, Wuhan, Nanjing, Fuzhou, Kunshan, Changshu, Shaoxing, Wuhu, Yantai, Shenyang, Suzhou, Xuzhou, Hangzhou, Mudanjiang, Dalian, Ningbo, Qingdao, Xiamen, Changsha, Guangzhou, Tianjin, Chengdu, Nanchang, Wuxi, Huizhou, Jinjiang, Hainan Wenchang, Jinan, Changchun, Nontong, Shishi, Minhou, Zhang Jia Gang, Chongqing, Yinchuan, Jiangyin, Shenzhen, Hong Kong etc.. The Group's highly-acclaimed projects have been well received by property buyers and investors both within the PRC and internationally, and have been accredited numerous awards. Shimao Property concluded its 20 years of development in the property market in China and had completed the corporate restructuring of injecting commercial assets to Shanghai Shimao Co. Ltd. ("A Share Company", SSE stock code: 600823) in 2009. The success of entering into the A share market represents an important milestone for the development of the Group. For more information about Shimao Property, please visit the Group's website: www.shimaoproperty.com.

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