Country Garden: Over 50% of the public bondholders have joined the foreign debt restructuring support agreement.

Country Garden announces that holders of over 50% of the existing public bonds' principal amount have joined the overseas debt restructuring support agreement. The company understands that many other creditors support the proposed overseas debt restructuring and is currently undergoing internal procedures to join the support agreement. The company is exercising its discretion to extend the early bird overseas debt restructuring support agreement acceptance fee deadline from May 9th to May 23rd, and the general overseas debt restructuring support agreement acceptance fee deadline from May 23rd to June 6th. All submitted joinder letters will remain valid.