Logan : UNAUDITED OPERATING DATA FOR MARCH 2021

Hong Kong Exchanges 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.

Logan Group Company Limited

龍 光 集 團 有 限 公 司

UNAUDITED OPERATING DATA FOR MARCH 2021

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 RMB12.89 billion in March 2021, representing a year-on-year increase of 81%.The gross floor area of contract sales attributable to the shareholders of the Company was approximately 764,000 sq.m.. For the three months ended 31 March 2021, the contract sales attributable to the shareholders of the Company was approximately RMB41.0 billion, representing a year-on-year increase of 158.5%, and the gross floor area of contract sales attributable to the shareholders of the Company was approximately 1,780,000 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, 9 April 2021

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. Zhong Huihong; 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.