approval of the issue of

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approval of the issue of

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Shared by: luckboy
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Hong Kong Exchange 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. (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2777) Approval of the Issue of Domestic Corporate Bonds by the Issuance Review Committee of China Securities Regulatory Commission The Board wishes to announce that on 29 July 2009, the Issuance Review Committee of the China Securities Regulatory Commission conditionally approved the application by the Company with respect to the Proposed Bond Issue. This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules. Reference is made to (i) the announcement of Guangzhou R&F Properties Co., Ltd. (the “Company”) dated 6 November 2008 in relation to the proposed issue of domestic corporate bonds (the “Proposed Bond Issue”); (ii) the circular of the Company dated 6 November 2008 in relation to the Proposed Bond Issue; and (iii) the poll results announced on 24 December 2008 of the extraordinary general meeting held on 24 December 2008 in which the Company’s shareholders approved the Proposed Bond Issue. The board of directors (the “Board”) of the Company wishes to announce that on 29 July 2009, the Issuance Review Committee of the China Securities Regulatory Commission conditionally approved the application by the Company with respect to the Proposed Bond Issue. The Company will make further announcement as and when the Company receives the formal approval from the China Securities Regulatory Commission. Save as disclosed above, the Company is not aware of any negotiations or agreements relating to intended acquisitions or realisations which are discloseable under Rule 13.23 of the Listing Rules, nor is the Board aware of any matter discloseable under the general obligation imposed by Rule 13.09 of the Listing Rules, which is or may be of a price-sensitive nature. -1HK1 780774v.1 This announcement is made by the Company pursuant to Rule 13.09(1) of the Listing Rules of which the directors individually and jointly accept responsibility for the accuracy of the information contained in this announcement. By order of the Board Li Sze Lim Chairman Hong Kong, 29 July 2009 * For identification purposes only As at the date of this announcement, the executive directors of the Company are Mr. Li Sze Lim, Mr. Zhang Li, Mr. Lu Jing and Mr. Zhou Yaonan; the non-executive directors are Ms. Zhang Lin and Ms. Li Helen; and the independent non-executive directors are Mr. Huang Kaiwen, Mr. Dai Feng and Mr. Lai Ming, Joseph. -2HK1 780774v.1

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