Contract Sales of RMB862 million for January Recorded an increase of approximately 869% year-on-year

4 February 2013, Hong Kong – Fantasia Holdings Group Co., Limited (“Fantasia” or “the Company”, Stock Code: 1777) announced its sales results for January 2013. Fantasia recorded contract sales of approximately RMB 862 million and gross floor area (“GFA”) sold of 93,481 square meters, representing a year-on-year increase of 869% and 799% respectively.

After exceeding the annual sales target in 2012, the Company continued to actively explore the market in January which is the traditional off-season period by maintaining relationship with existing customers, driving sales up by having old owners bring new buyers.  The successful marketing strategy pushes the sales amount up significantly on a year-on-year basis which brings a good start for the Company’s whole year sales.  “Rigid Demand” products continually achieved excellent sale performances. Guilin Fantasia Town recorded a monthly sale of more than one hundred units and leading the total sales in the region. Dongguan Wonderland and Chengdu Fantasia Town recorded excellent sales as well and ranked in the top three of the regional sales.  Commercial products Nanjing Yuhuatai Project and Chengdu Long Nian International Huashengtang continually attract a lot of attentions in the market.

Chinese New Year will be celebrated in February while the Company is currently having 20 projects for sale in 10 cities including different tourist cities such as Guilin, Dali and Chengdu. Driven by the Spring Festival travel, the trading volume is expected to grow steadily.

On January 6, the Company signed a strategic agreement with Shenzhen CATIC Decoration Design Engineering Co., Ltd, which is one of Top Hundred China Building Decoration Enterprises.  Both sides will embark upon extensive cooperation in the decoration of hotels, office buildings, apartments, shopping malls and other areas.

In January, with the excellent sales performance and well regulated internal management, the Company was elected as the "2012 China Real Estate Excellence Top 100 list" and “2012 China's Real Estate Management and Team Excellence”, hosted by the Guandian Real Estate New Media organization. Furthermore, Nanjing Yuhuatai Project received “2012 China (Nanjing) Commercial Real Estate Awards” issued by the Yangzi Evening News.