Seazen Group Limited — Earnings Release 2015

Jul 23, 2015

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.

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Future Land Development Holdings Limited 新城發展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1030)

POSITIVE PROFIT ALERT

This announcement is made by Future Land Development Holdings Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

We refer to the announcement with subject headed “profit alert” published by the Company on 15 July 2015. The board (the “ Board ”) of directors of the Company (“ Directors ”) wishes to inform the shareholders of the Company and potential investors that, based on the preliminary review of the latest available unaudited management accounts of the Group, it is expected that (i) the Group’s core earnings (excluding after-tax fair value gains on investment properties) attributable to equity holders of the Company for the first half of 2015 will be approximately RMB135 million (the first half of 2014: RMB95.2 million), which represents around 42% increment compared to that for the same period of last year. The increase in the core earnings was mainly resulted from the increase in recognized revenue; and (ii) the fair value gains on investment properties at the Group’s level will increase significantly from RMB36.9 million as at 30 June 2014 to approximately RMB280 million as at 30 June 2015. The increase in the fair value gains on investment properties was mainly resulted from the Group’s increase in the holding of investment properties in areas such as Suzhou, Zhenjiang, Nanchang, Anqing and Changchun.

The Group is therefore expected to record a significant increase in the consolidated net profit attributable to the equity holders of the Company for the six months ended 30 June 2015 as compared to that for the corresponding period in 2014.

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As the Company is still in the process of preparing and finalising the financial results of the Group for the six months ended 30 June 2015, the information contained in this announcement is only based on the preliminary assessment by the Company on the financial statements of the Group which have not been reviewed or audited by the Company’s auditors and the actual results for the Group may be different from what is disclosed in this announcement. Shareholders of the Company and potential investors should read the Group’s interim results announcement for the six months ended 30 June 2015 carefully.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board Future Land Development Holdings Limited WANG Zhenhua Chairman

Hong Kong, 23 July 2015

As at the date of this announcement, our Directors are Mr. Wang Zhenhua, Mr. Liang Zhicheng, Mr. Liu Yuanman and Mr. Chan Wai Kin as executive Directors, Mr. Lv Xiaoping and Mr. Wang Xiaosong as non-executive Directors and Mr. Chen Huakang, Mr. Zhong Wei and Mr. Zhu Zengjin as independent non-executive Directors.

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