(Re-published for debt holders information) Notice of Listing - New World China Land Limited U.S.$600 Million 4.75% Guaranteed Notes due 2027 (Stock Code: 5343) Guaranteed by New World Development Company Limited

THE CONTENT OF THIS ANNOUNCEMENT HAS BEEN PUBLISHED USING EQUITY STOCK CODE (STOCK CODE: 00017) ON 23 JANUARY 2017 AND IS NOW RE-PUBLISHED USING DEBT STOCK CODE (STOCK CODE: 5343) FOR THE BONDHOLDERS INFORMATION

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities referred to herein. This announcement is not for distribution, directly or indirectly, in or into the United States and does not constitute or form a part of an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act. No public offering of the securities referred to herein will be made in the United States.

NOTICE OF LISTING ON THE STOCK EXCHANGE OF HONG KONG LIMITED

(incorporated in the Cayman Islands with limited liability)

(as Issuer)

U.S.$600,000,000 4.75 per cent. Guaranteed Notes due 2027 (Stock Code : 5343)

(the "Notes")

guaranteed by

(incorporated in Hong Kong with limited liability)

(Stock Code: 00017) (as Guarantor)

Joint Bookrunners and Joint Lead Managers

[J.P. Morgan logo to be inserted]

Application has been made to The Stock Exchange of Hong Kong Limited for the listing of and permission to deal in the Notes by way of debt issues to professional investors (as defined in Chapter 37 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Securities and Futures Ordinance (Cap. 571) of Hong Kong) only, as

described in the Offering Circular relating thereto dated 10 January 2017. Permission for the listing of, and dealing in, the Notes is expected to become effective on 24 January 2017.

Hong Kong, 23 January 2017

As at the date of this announcement, the directors of New World China Land Limited are Dr. Cheng Kar-Shun, Henry, Mr. Cheng Kar-Shing, Peter, Dr. Cheng Chi-Kong, Adrian, Ms. Cheng Chi-Man, Sonia, Mr. Cheng Chi-Him, Conrad, Mr. Fong Shing-Kwong, Michael and Ms. Ngan Man-Ying, Lynda.

As at the date of this announcement, (a) the executive directors of New World Development Company Limited ("NWD") are Dr. Cheng Kar-Shun, Henry; Dr. Cheng Chi-Kong, Adrian; Mr. Chen Guanzhan; Ms. Ki Man-Fung, Leonie; Mr. Cheng Chi-Heng; Ms. Cheng Chi-Man, Sonia and Mr. Au Tak-Cheong; (b) the non-executive directors of NWD are Mr. Doo Wai-Hoi, William and Mr. Cheng Kar-Shing, Peter; and (c) the independent non-executive directors of NWD are Mr. Yeung Ping-Leung, Howard; Mr. Cha Mou-Sing, Payson (alternate director to Mr. Cha Mou-Sing, Payson: Mr. Cha Mou-Zing, Victor); Mr. Ho Hau-Hay, Hamilton; Mr. Lee Luen-Wai, John and Mr. Liang Cheung-Biu, Thomas.