Country Garden : PAYMENT OF DIVIDEND IN HONG KONG DOLLARS

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COUNTRY GARDEN HOLDINGS COMPANY LIMITED

碧桂園 控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2007) PAYMENT OF DIVIDEND IN HONG KONG DOLLARS

On 22 March 2017, the board of directors (the "Board") of Country Garden Holdings Company Limited (the "Company") announced the audited consolidated results of the Company for the year ended 31 December 2016 and recommended the payment of the final dividend of RMB10.20 cents per share for the year ended 31 December 2016 (the "Final Dividend") payable to the shareholders whose names were recorded on the register of members of the Company on Friday, 26 May 2017 (the "Eligible Shareholders"). At the annual general meeting of the Company held on 18 May 2017, the Final Dividend was approved by the shareholders of the Company.

The Final Dividend is calculated in RMB and paid in Hong Kong dollars. The relevant exchange rate will be the average middle rate of RMB to Hong Kong dollars as announced by the People's Bank of China for the period from Monday, 22 May 2017 to Friday, 26 May 2017 (RMB1 = HK$1.13358). Accordingly, the Board announces that the amount of Final Dividend payable in Hong Kong dollars will be HK11.56 cents per share. It is expected that the Final Dividend warrants will be dispatched to the Eligible Shareholders on or around Wednesday, 12 July 2017.

By Order of the Board

Country Garden Holdings Company Limited MO Bin

President and Executive Director

Foshan, Guangdong Province, the PRC, 26 May 2017

As of the date of this announcement, the executive directors of the Company are Mr. YEUNG Kwok Keung (Chairman), Ms. YANG Huiyan (Vice Chairman), Mr. MO Bin (President), Mr. ZHU Rongbin (Associate President), Ms. YANG Ziying, Mr. YANG Zhicheng, Mr. XIE Shutai, Mr. SONG Jun, Mr. LIANG Guokun and Mr. SU Baiyuan, the non-executive director of the Company is Mr. CHEN Chong, and the independent non-executive directors of the Company are Mr. LAI Ming, Joseph, Mr. SHEK Lai Him, Abraham, Mr. TONG Wui Tung, Ronald, Mr. HUANG Hongyan, Mr. MEI Wenjue and Mr. YEUNG Kwok On.