[Press Release] Geely Automobile Holdings Limited SALES VOLUME FOR DECEMBER 2013 REACHED 60,816 UNITS SALES VOLUME UP 2% YOY

(HONG KONG, 14 January 2014) --- Geely Automobile Holdings Limited ("Geely Automobile"/the "Group")(Stock code: 175) announced that the total sales volume of the Group for the month of December 2013 was 60,816 units, an increase of approximately 2% over the same period last year and up approximately 2% from November 2013. TThe total sales volume for the year of 2013 was 549,518 units, up 14% from the year of 2012. The Group's exports volume was 11,843 units in December 2013, up around 11% from the same period last year. During the month of December 2013, the Group's total sales volume in China market was 48,973 units, an increase of around 1% from the same period last year.
The Spokesman of Geely Automobile said, "During the month of December 2013, the sales volume of the Group's best selling model 'Emgrand EC7' attained its record high at 21,425 units, an increase of about 23% over the same period last year. The aggregate sales volume of 'GX7' and 'SX7', the Group's Sport Utility Vehicles (SUVs) reached 7,607 units in December 2013, again a record high for the SUV model, an increase of about 52% over the same period last year. Also, the sales volume of 'GC7' was 5,835 units in December 2013, a significant increase of around 252% over the same period last year."
The China Association of Automobile Manufacturers expects the annual growth rate of vehicles demand in 2014 was around 8 to 10%. For prudence, the Board would set the Group's sales volume target for the year of 2014 at 580,000 units, representing an increase of around 6% over the year of 2013. In 2014, the Group would continue to focus on improving its product quality, after-sales services and average selling price of its products.
Detailed sales volume data will be available upon request. Please contact Ms Tracey Tong at Prime International for further information. The sales volume figures released so far are based on a more stringent recognition criterion, requiring all sales to be contracted, paid and delivered before it would be recognized. These figures, however, are still preliminary figures and would be subject to changes and final confirmation.

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For media enquiries:

Geely Automobile Holdings Limited

Mr Lawrence Ang

Tel: +852 2598 3388

Email: lawrenceang@geelyauto.com.hk

Prime International Consultants Limited

Ms Tracey Tong

Tel: +852 2891 4383

Email: tracey@primeintl.com.hk

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