Logan Property : UNAUDITED OPERATING DATA FOR JULY 2020

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Logan Group Company Limited

龍 光 集 團 有 限 公 司

UNAUDITED OPERATING DATA FOR JULY 2020

The board of directors (the ''Board'') of Logan Group Company Limited (the ''Company'', together with its subsidiaries, associates and joint ventures, the ''Group'') hereby announces that the contract sales attributable to the shareholders of the Company was approximately RMB11.08 billion in July 2020, representing a year-on-year increase of 20.15%. The gross floor area of contract sales attributable to the shareholders of the Company was approximately 690,000 sq.m., and the unit price of contract sales was approximately RMB15,680. For the seven months ended 31 July 2020, the contract sales attributable to the shareholders of the Company was approximately RMB57.43 billion, representing a year-on-year increase of 13.52%, and the gross floor area of contract sales attributable to the shareholders of the Company was approximately 3,734,000 sq.m..

The above operating data is unaudited and is based on the preliminary internal information of the Group, which may differ from the figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Group on an annual or half-yearly basis due to various uncertainties during the process of collating such sales information. Therefore, the above monthly data is provided for investors' reference only. Investors are advised to exercise caution and not to place reliance on the information disclosed above when dealing in the securities of the Company. If in any doubt, investors are advised to seek advice from professional or financial advisors.

By Order of the Board

Logan Group Company Limited

Kei Hoi Pang

Chairman

Hong Kong, 10 August 2020

As at the date of this announcement, the executive directors of the Company are Mr. Kei Hoi Pang, Mr. Lai Zhuobin, Mr. Xiao Xu and Mr. Wu Jian; the non-executive director is Ms. Kei Perenna Hoi Ting; and the independent non-executive directors are Mr. Zhang Huaqiao, Ms. Liu Ka Ying, Rebecca and Mr. Cai Suisheng.