Country Garden Achieved Contracted Sales of Approximately RMB17.3 billion for the First Half of 2012


(4 July 2012 – Hong Kong) Country Garden Holdings Company Limited (“Country Garden” or the “Group”, SEHK stock code: 2007), one of the leading integrated property developers in China, announced that the Group achieved contracted sales of approximately RMB17.34 billion for the first half of 2012, with contracted sales GFA of approximately 2.85 million sq.m.. Moreover, as at 30 June 2012, the Group has another approximately RMB5.51 billion transaction amount pending on final
contract signing.

The Group reported strong performance in June 2012. Among which, Phase 2 of both Country Garden – Ten Miles Beach and Country Garden – Phoenix City (Jurong) were launched in June, with respective absorption rates on the debut day being approximately 90% and 80%. These two projects recorded transaction amounts of approximately RMB1.68 billion and RMB580 million in June. In addition, Country Garden – Galaxy Palace (Shenyang) and Country Garden – Phoenix City (Guangzhou) recorded transaction amounts of approximately RMB460 million and RMB320 million respectively during the month.

The Group’s high value-for-money products continue to be well received by customers driven by the robust end-user demand. The Group will also continue its efforts in enhancing the residents’ quality of living through various aspects such as community facilities, environment and services, in order to express our gratitude to the support of our new and existing home owners. Moreover, we shall further improve the competitiveness of our products to strive for another successful sales performance.

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