Yanlord Land - Ground Breaking Ceremony In Zhuhai

Yanlord Land Group Limited Press Release – Ground-breaking Ceremony in Zhuhai

YANLORD BREAKS GROUND FOR ITS RMB 4.0 BILLION LANDMARK INTEGRATED DEVELOPMENT – ZHUHAI YANLORD MARINA CENTRE; EXTENDS LEADING PRESENCE WITHIN THE PEARL RIVER DELTA REGION ¾ 300, 000 sqm landmark integrated development will consist of high-end residential apartment units, retail mall, Grade A office space and a five-star hotel ¾ Ideally situated in Zhuhai’s city centre along its picturesque coastal front, Yanlord Marina Centre will benefit from its close proximity to the Zhuhai-Macau immigration checkpoint and connectivity to the major economic hubs of Guangdong, Hong Kong and Macau ¾ Latest development underlines Yanlord’s strategic focus to develop a robust investment property portfolio and extend its presence within the Pearl River Delta Region ¾ Around 500 distinguished guests graced the ground-breaking ceremony including Singapore’s Acting Minister for Information, Communication and the Arts, RADM (NS) Lui Tuck Yew as well as key delegates from the Guangdong provincial and Zhuhai City governments

Singapore / Hong Kong / Zhuhai – 17 July 2009 – Yanlord Land Group Limited (“Yanlord”, and together with its subsidiaries, the “Group”), a real estate developer focused on developing high-end residential and commercial property projects in strategically selected key and highgrowth cities in the People’s Republic of China (“PRC”), announced today the ground-breaking for its RMB 4.0 billion integrated residential and commercial development in Zhuhai, China – Zhuhai Yanlord Marina Centre (仁恒滨海中心).

Conducted amidst much fanfare, the ground-breaking ceremony signifies the beginning of the development of approximately 300,000 square metre (“sqm”) gross floor area (“GFA”) of integrated residential and commercial development consisting of high-end residential apartment units, retail mall, Grade A office space and a five-star hotel.

With an estimated development cost of approximately RMB 4.0 billion, this latest development underlines the Group’s strategic initiative to develop a robust investment portfolio and will serve to further extend Yanlord’s presence in the Pearl River Delta Region.

Ideally situated in Zhuhai City Centre and adjacent to the Zhuhai-Macau immigration checkpoint at Gongbei which is the gateway into Zhuhai, Yanlord Marina Centre will benefit from the strong economic developments in neighbouring Macau, Guangzhou and Hong Kong as well as key infrastructural investments in the city. Resting on the key thoroughfare between Macau and Guangzhou, Yanlord Marina Centre is linked to the economic hubs of the Pearl River Delta Region via key transportation modes such as the light-rail train linking Zhuhai and Guangzhou and the eventual development of a bridge linking Hong Kong, Zhuhai and Macau.

Incorporating the latest in innovative environmental design, Yanlord Marina Centre has been creatively designed by NBBJ, a leading global architecture and design firm, with an angled flat panel facade to mimic five open sails which will be interwoven with the surrounding natural features to accentuate an elegant waveform highlighting the visual extension of Zhuhai City’s coastline into the horizon. Comprising five high-rise towers that includes a 45-storey, 180m tall integrated five-star hotel and office tower as well as four residential blocks that are interconnected via a four-storey shopping podium, Yanlord Marina Centre will be an iconic landmark amidst Zhuhai’s picturesque coastline.

Welcoming the 500 distinguished guests present at the ceremony, which included dignitaries such as Singapore’s Acting Minister for Information, Communication and the Arts, RADM (NS) Lui Tuck Yew, Singapore’s ambassador to the PRC, Chief Executive Officer of International Enterprise (IE) Singapore, Mr Chong Lit Cheong, Singapore’s Consul-General to the PRC, Mr Ang Chay Chuan, Deputy Head of Guangdong Province People’s Government Foreign Affairs Office Ms Su Cai Fang, Zhuhai City Vice Party Secretary Ms Qian Fang Li, Zhuhai City Vice Mayor Mr Chen Hong Hui and President of the Singapore Chinese Chamber of Commerce & Industry, Mr Teo Siong Seng, Mr Zhong Sheng Jian, Chairman and Chief Executive Officer of Yanlord said, “Zhuhai is one of the fastest-growing and wealthiest cities in the PRC. Home to many of China’s top industries and entrepreneurs, Zhuhai continues to attract foreign investors

and has in recent years emerged as a prime investment destination for Singapore enterprises. This growing affluence creates significant demand for high-end residential as well as business and commercial deployment requirements which Yanlord Marina Centre is set to capture.”

“Designed by internationally recognized architects, the groundbreaking of Yanlord Marina Centre underscores our continued efforts to augment our comprehensive investment property portfolio and will form a centerpiece in our portfolio. When completed, Yanlord Marina Centre will complement our other investments and serve to consolidate our presence within the expanding real estate sector of the Pearl River Delta Region,” Mr Zhong added.

Commenting on the groundbreaking ceremony, Chief Executive Officer of IE Singapore Mr Chong Lit Cheong, said, "Singapore and Guangdong, including cities like Zhuhai, have been enjoying close relations over the years. We are glad to see Yanlord Land Group's continued expansion and contribution in Zhuhai through the Yanlord Marina Centre development. Leveraging on the Singapore-Guangdong Collaboration Council and IE Singapore's assistance, we hope to encourage even more Singapore companies to explore business opportunities in Zhuhai."

As part of its balanced business strategy, the Group has proactively sought to develop a comprehensive investment portfolio that consist of premier retail and commercial developments that will deliver stable recurrent revenue streams. Currently, the Group has retained an aggregate GFA of approximately 500,000 sqm spread across various key Chinese cities such as Nanjing, Chengdu, Tianjin and Zhuhai for the development of serviced residences, retail malls, Grade A office towers and five-star hotels.

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Issued on behalf of Yanlord Land Group Limited by WeR1 Consultants Pte Ltd Analysts & Media Contact:

Anyi Wang

Michelle Sze, Assistant to CEO

Head of Corporate Finance and Relations

Head of Investor Relations

Phone: (852) 2861 0608

Phone: (852) 2861 0608

[email protected]

[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 largescale 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.