Yanlord Extends Presence In Shanghai

PRESS RELEASE – YANLORD EXTENDS PRESENCE IN SHANGHAI THROUGH ACQUISITION OF FOUR ADJACENT RESIDENTIAL SITES IN WAIGAOQIAO OF PUDONG DISTRICT
Sites were acquired for RMB 2.61 billion in a public land auction; latest acquisition adds approximately 162,074 sqm to the Group’s total land bank
The four new land parcels are adjacent to two other land parcels A1-1 and A1-2 which were purchased by the Group in July 2008; Yanlord will combine these six land parcels with a total GFA of approximately 320,000 sqm for the development of a large-scale international community
This second tender for new land parcels in the Waigaoqiao District, Shanghai will enable the Group to capitalize on the rapid development of the area and reflects its continued confidence in the potential of the Shanghai real estate sector (22 September 2009 – Singapore / Hong Kong) -- YANLORD LAND GROUP LIMITED (Z25.SI) (“Yanlord”, and together with its subsidiaries, the “Group”), a real estate developer focused on developing high-end residential property projects and integrated commercial developments in strategically selected key and high-growth cities in the People’s Republic of China (“PRC”), announced today that it has acquired another four prime residential development sites with a total planned gross floor area (“GFA”) of approximately 162,074 square metre (“sqm”) in Waigaoqiao District, Pudong, Shanghai for RMB 2.61 billion in a public land auction.

Strategically situated on the southern edge of Shanghai’s latest eco-development district “Senlan Waigaoqiao”(“森兰·外高桥”), the four adjacent sites, namely A2-1, A6-1, A7-1 and A9-1– benefit from excellent connectivity via Pudong’s main throughfares of Zhangyang Road (张杨路) leading to Lujiazui (陆家嘴) and Yaohan as well as the Fuxing tunnels (复兴路隧道). To the north of the site lies Wuzhou Avenue (五洲大道) which leads to Yanggao North Road (杨高北 路), the western front is connected to the Xiangyin tunnels (翔殷路隧道) and central line (中环 线) , the eastern side of the site is connected to the Huchongsu bridge (沪崇苏越江隧桥), while the southern ring road links the site to the Pudong International Airport. Slated for development

into high-end prime residential apartments, the sites will also be connected to the city’s financial centre via the No. 6 and No. 9 metro line.

With the emergence of the Pudong new district as an international financial centre and international transport and logistical hub, “Senlan International Community” (森兰国际社区) which rests between the district’s key sectors will play a pivotal role as the centrepiece that links the Lujiazui financial centre, the Wujiaochang CBD, the Waigaoqiao Free Trade Zone, the Waigaoqiao Port, the Jinqiao Industrial Park and the Pudong International Airport. Capitalising on the significant potential brought about by burgeoning industrial development as well as a constant influx of both new and foreign talents, the Waigaoqiao district is poised to undergo a period of rapid transformation and unprecedented growth.

Complementing the existing business infrastructure are key afforestation and ecological initiatives undertaken by the government to enhance Senlan International Community’s ecological environment such as the development of a 5.74 square kilometres (“km2”) ecological park and a 3.35 km2 man-made lake, which is more than twice the size of Pudong’s Century Park, that will create a conducive living environment for both local residents and foreign expatriates who currently work in the district.

Commenting on the above acquisition, Yanlord’s Chairman and Chief Executive Officer, Mr. Zhong Sheng Jian, said, “This latest acquisition is part of our expansion strategy in China and reflects our confidence in the prospects of Shanghai’s real-estate sector. Following the successful tender for these four land parcels with a combined GFA of approximately 162,074 sqm, coupled with our earlier acquisitions, we have brought our total land bank in Waigaoqiao to approximately 320,000sqm. This enlarged land bank will provide the Group with greater scalability in the development of a large-scale international community within the area and tap on the buoyant economic development of the Waigaoqiao area to contribute positively to the Group’s future performance.” ### END ###

Issued on behalf of Yanlord Land Group Limited by WeR1 Consultants Pte Ltd Analysts & Media Contact: Anyi Wang Head of Corporate Finance and Relations Phone: (852) 2861 0608 [email protected]

PR Consultant : WeR1 Consultants Pte Ltd Yim Jeng Yuh / Ng Chung Keat Phone: (65) 6737 4844 [email protected] / [email protected]

About Yanlord Land Group Limited: Yanlord Land Group Limited (Z25.SI) is a real estate developer based in the People’s Republic of China, with a focus on the development of high-end fully fitted residential, commercial and integrated property projects in strategically selected key and high-growth cities in the PRC. Yanlord Land Group was listed in June 2006 on the main board of the Singapore Stock Exchange.

Since Yanlord’s foray into the PRC market in 1993, it has successfully developed a number of large-scale residential property developments in Shanghai and Nanjing with international communities of residents – such as Yanlord Garden, Yanlord Riverside Gardens and Yanlord Riverside City in Shanghai and Orchid Mansion, Bamboo Garden and Yanlord International Apartments in Nanjing. The “Yanlord” name has been developed into a premium brand, synonymous with quality, within the property development industry of PRC. Currently the Group has established presence in eight key high-growth cities within the four major economic regions of the PRC, namely, (i) Yangtze River Delta – Shanghai, Nanjing and Suzhou; (ii) Western China – Chengdu and Guiyang; (iii) Bohai Rim – Tianjin; and (iv) Pearl River Delta – Zhuhai and Shenzhen.

The Group has proactively extended its commercial property development projects, acquired a considerable number of land parcels for commercial use and commenced the construction of retail malls, offices, hotels and serviced residence developments. Upon completion, the projects are expected to generate stable rental income and increase the asset value for the Group.