16 January 2013, Hong Kong – Fantasia Holdings Group Co., Limited (“Fantasia” or “the Company”, Stock Code: 1777) is pleased to announce that the Company and the Subsidiary Guarantors have issued 7-year senior notes of USD250 million with annual coupon rate of 10.75%.

The estimated net proceeds of the Notes Issue will amount to approximately USD244 million and the Company intends to use the net proceeds to refinance its existing indebtedness, to finance its existing and new property development projects and for other general corporate purposes.

Seizing market opportunity, the Company issued 7-year senior notes of USD250 million which bear coupon rate which is 3% lower than the 5-year senior notes issued in September 2012. Proceeds raised will be used to optimize the debt structure of the company further and to provide healthier and sound development of the business.

The Company’s accumulated contract sales surpass RMB8 billion in 2012 which is 111% of the 2012 yearly target of RMB 7.2 billion. The Company successively acquired lands in Beijing and Shenzhen and will actively enhance its development, sales and business expansion in first and second tier cities to maintain steady growth in its business performance. Meanwhile, the Company will strengthen its efforts in management output, community networks, business, hotels, pension and other sectors to gradually realize its asset-light transformation.