Stock Code: 000024, 200024  Stock ID: ZSDC, ZSJBAnnouncement No.: [CMPD] 2015-168 China Merchants Property Development Co., Ltd.Announcement on B-shareholders Fulfilling Formalities for Transfer-Registration Restricted Accounts (for the Second Time) The Company and all members of its Board of Directors hereby guarantee the authenticity, accuracy and completeness of the information disclosed, without any false records, misleading statements or material omissions.Important Notes:The Announcement only involves the Company’s B-shareholders who have been allocatedan account restricted intransfer-registration (“transfer-registration restricted account”),specifically: (1) the domestic investors who had not confirmed the correlations between Yimatong Account and A-share and B-share accounts by Dec. 7, 2015; (2) all foreign investors involved in domestic transactions; and (3) all foreign investors involved in non-domestic transactions. All of them are hereinafter referred to as the “Relevant Shareholders”. The Relevant Shareholders intending to conduct a transaction on the first day when CM Shekouis listed shall fulfill relevant formalities before Dec. 29, 2015. (The application for listing is to be approved by Shenzhen Stock Exchange (SZSE). The listing date will be separately announced.) In the Announcement, the Company’s A-shareholders and the B-shareholders who had confirmed the correlations between YimatongAccount and A-share and B-share accounts before Dec. 7, 2015 are not involved.The Proposal of acquiring and merging China Merchants Property Development Co.,Ltd.(“China Merchants Property Development” or the “Company”) by ChinaMerchants Shekou Holdings Co., Ltd. (“China Merchants Shekou Holdings”) via stockfor stock method has been reviewed and approved by China Securities RegulatoryCommission (the “CSRC”) with the approval document ZJXK [2015] No. 2766, andthe stock conversion of B shares of China Merchants Property Development to Ashares of China Merchants Shekou Holdings is now in the implementation stage.China Securities Depository and Clearing Co., Ltd. (CSDCC) has issuedtransfer-registration restricted accountsfree of charge to the Company’s domesticB-shareholders and all the foreign B-shareholders who had confirmed the correlationsbetween Yimatong Account and A-share and B-share accounts by Dec. 7, 2015,under which CM Shekou’sAshares so converted will be registered. CSDCC hasdelivered the information about the transfer-registration restricted accounts to eachsecurities company, with which the Relevant Shareholders may get in touch to fulfillthe formalities as follows before conducting transactions of the shares under the saidrestricted account:(1)Domestic investors: They need to confirm that the business department of the securities company concerning the original B-shares has enabled the RMB settlement function of the original B-share capital account, and fulfill the formalities for the third-party custody of the capital account regarding the transfer-registration restricted accounts with the said business department.(2) Foreign investors involved in domestic transactions: They need to confirm that the business department of the securities company concerning the original B-shares has enabled the RMB settlement function of the original B-share capital account.(3) Foreign investors ofnon-domestic transactions (the securities company has been designated): They need to fulfill formalities for opening the capital account regarding the transfer-registration restricted accounts with the designated securities company.(4) Foreign investors not involved in domestic transactions (securities company has not been designated): They need to fulfill formalities for opening the capital account regarding the transfer-registration restricted accounts with the Securities Business Department of China Merchants Securities Co., Ltd. located in Duty-free Business Building, Yitian Road, Shenzhen.Domestic service phone: 95565Overseas hotline: 86-755-26951111Fax: 0755-26450088E-mail: sbox@cmschina.com.cnAddress:Securities Business Department of China Merchants Securities Co., Ltd.9F, Duty-free Business Building, Yitian Road, Futian District, ShenzhenTel.: 0755-82766301In order to implement the conversion of stocks and accounts as required, theCompany hereby has the following special notes to the Relevant Shareholders:1. CSDCC has delivered the information about the transfer-registration restricted accounts to each domestic securities company, so the Relevant Shareholders may get in touch to fulfill the formalities as required.2. The investors should fulfill the formalities for the transfer-registration restricted accounts as required by each securities company.3. The Relevant Shareholders intending to conduct a transaction on the first day when CM Shekou is listed shall fulfill the above formalities before Dec. 29, 2015. (The application for listing is to be approved by SZSE. The listing date will be separately announced.)In addition, in the process of account conversion, three transfer-registration restrictedaccounts have been closed, covering altogether 17,310 shares (CM Shekou’sA-share), which therefore cannot be registered under the corresponding restrictedaccounts. The Company will directly get in touch with the above three investors ortheir securities companies. The cooperation of the relevant investors and securitiescompanies in the registration will be appreciated.For more details about the conversion of the account and stock, the differentcategories of the B-shareholders, the transfer-registration restricted accounts, theconfirmation of the correlations between Yimatong Account and A-share and B-sharesecurities accounts, andthe formalities for the transfer-registration restricted accounts,etc., please refer to Operational Guidelines for Account Conversion Investors Relatedto the Stock-for-stock Merger of CMPD by China Merchants Shekou Industrial ZoneHoldings Co., Ltd. and the Listing of A and B-shareSecurities in SZSE(Announcementon Dec. 2, 2015).  China Merchants Property Development Co., Ltd.  Board of Directors  December 23, 2015