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.

WANDA COMMERCIAL PROPERTIES (GROUP) CO., LIMITED

(Incorporated in Bermuda with limited liability)

(Stock code : 169) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE AND REMUNERATION COMMITTEE

The board of directors (the "Board") of Wanda Commercial Properties (Group) Co., Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that Mr. Zhang Huaqiao ("Mr. Zhang") has been appointed as an independent non-executive director of the Company ("Director"), a member of the audit committee and the remuneration committee of the Company with effect from 1 September 2014.
Mr. Zhang Huaqiao (i�il), aged 51, has been a director of Nanjing Central Emporium (Group) Co., Ltd. (Wh<9'9ètifli! (:1>m) JlJ1J1filR0li) (stock code: 600280), a company listed on the Shanghai Stock Exchange,
since March 2013. Mr. Zhang is also an independent non-executive director of Yancoal Australia Limited (stock code: YAL), a company listed on the Australian Securities Exchange, since April 2014. He is also an independent non-executive director of Fosun International Limited (stock code: 656), Ernest Borel Holdings Limited (stock code: 1856), Luye Pharma Group Ltd. (stock code: 2186), Zhong An Real Estate Limited (stock code: 672), China Huirong Financial Holdings Limited (stock code: 1290) and Logan Property Holdings Company Limited (stock code: 3380), and a non-executive director of Boer Power Holdings Limited (stock code: 1685) and China Smartpay Group Holdings Limited (previously known as Oriental City Group Holdings Limited) (stock code: 8325), all of which are companies listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). From June 1999 to April 2006, Mr. Zhang worked with UBS Securities Asia Limited, ultimately becoming the managing director and co-head of the China research team. Between March 2006 to September 2008, Mr. Zhang worked with Shenzhen Investment Limited (stock code: 604), a company listed on the Hong Kong Stock Exchange, as its chief operating officer. Mr. Zhang was also the executive director of Shenzhen Investment Limited between May 2006 and September 2008. From September
2008 to June 2011, Mr. Zhang worked with UBS AG (Hong Kong branch) with his last position as deputy head of the investment banking department of UBS China and managing director of UBS AG (Hong Kong branch). Mr. Zhang was an executive director and chief executive officer of Man Sang International Limited (stock code: 938), a company listed on the Hong Kong Stock Exchange, between September 2011 and April 2012. Mr. Zhang obtained a master's degree in economics from the Graduate School of the People's Bank of China in
1986 and a master's degree in development economics from the Australian National University in 1991.

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Mr. Zhang has entered into an appointment letter with the Company for a period of three years, which may be terminated, by either side, on no less than three months' advance notice. His directorship is also subject to retirement by rotation and re-election in accordance with the bye-laws of the Company and the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange (the "Listing Rules"). Mr. Zhang will be entitled to an annual remuneration fixed at RMB220,000, which is determined by the Board and the Company's remuneration committee after due consideration with reference to his responsibilities with the Company and the Company's remuneration policies.
Save as disclosed above, as at the date of this announcement, (i) Mr. Zhang does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company and has not held any other positions in the Group; (ii) Mr. Zhang does not hold any directorship in any other listed companies in the past three years before the date of this announcement; (iii) Mr. Zhang does not have any interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); (iv) there is no other information to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules; and (v) there is no other matter that need to be brought to the attention of the shareholders of the Company.
The Board would like to take this opportunity to welcome Mr. Zhang for joining the Board.
By order of the Board

Wanda Commercial Properties (Group) Co., Limited Ding Benxi

Chairman

Hong Kong, 29 August 2014

As at the date of this announcement, Mr. Ding Benxi (Chairman), Mr. Qi Jie, Mr. Qu Dejun and Mr. Chen Chang Wei are the non-executive Directors; Mr. Liu Chaohui is the executive Director; and Mr. Liu Jipeng and Mr. Xue Yunkui are the independent non-executive Directors.

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