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.
This announcement is for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities.
This announcement is not for distribution, directly or indirectly, in or into the United States. This announcement and the information contained herein does not constitute or form part of an offer to sell securities in the United States. Securities may not be offered or sold in the United States unless registered pursuant to the U.S. Securities Act of 1933, as amended (the "Securities Act"), or pursuant to an applicable exemption from such registration requirement. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about our company and management, as well as financial statements. The securities referred to herein have not been and will not be registered under the Securities Act and no public offering of securities will be made in the United States. No money, securities or other consideration is being solicited by this announcement or the information contained herein and, if sent in response to this announcement or the information contained herein, will not be accepted.

(incorporated in Hong Kong with limited liability)

(Stock Code: 1668) PROPOSED ISSUANCE OF SENIOR NOTES

The board of directors of China South City Holdings Limited (the "Company") is pleased to announce that the Company has mandated UBS AG, Hong Kong Branch ("UBS"), Citigroup Global Markets Limited ("Citi") and The Hongkong and Shanghai Banking Corporation Limited (" HSBC ") as Joint Global Coordinators; UBS, Citi, HSBC, Merrill Lynch International ("BofA Merrill Lynch"), Credit Suisse Securities (Europe) Limited ("Credit Suisse") and ICBC International Capital Limited as Joint Bookrunners; and UBS, Citi, HSBC, BofA Merrill Lynch, Credit Suisse, ICBC International Securities Limited as Joint Lead Managers for a proposed United States-dollar denominated senior notes offering in reliance on Regulation S under the United States Securities Act of 1933, as amended, in the near future.

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The materialization and completion of the proposed issuance of senior notes are subject to market conditions and investor interest. As no binding agreement in relation to the proposed issuance of senior notes has been entered into as at the date of this announcement, the proposed issuance may or may not materialize. Investors and shareholders of the Company are urged to exercise caution when dealing in the securities of the Company.

For and on behalf of the Board

China South City Holdings Limited Cheng Chung Hing

Co-Chairman & Executive Director

Hong Kong, 17 January 2014

As at the date of this announcement, the executive directors of the Company are Mr. Cheng Chung Hing, Mr. Leung Moon Lam and Professor Xu Yang; the non-executive directors of the Company are Dr. Ma Kai Cheung, SBS, BBS, Mr. Sun Kai Lit Cliff, BBS, JP, Dr. Ma Wai Mo and Mr. Cheng Tai Po; and the independent non-executive directors of the Company are Mr. Leung Kwan Yuen Andrew, GBS, SBS, JP, Mr. Li Wai Keung, Mr. Hui Chiu Chung Stephen JP and Mr. Yung Wing Ki Samuel, SBS, MH, JP.

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