Change of address of headquarter and principal place of business in hong kong

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.

恒盛地產控股有限公司

(Incorporated in the Cayman Islands with limited liability)

The board of directors (the "Board") of Glorious Property Holdings Limited (the "Company") hereby announces that with effect from 5 December 2016, the address of the headquarter and principal place of business of the Company in Hong Kong will be changed to Room 2202, 22/F, China Evergrande Centre, 38 Gloucester Road, Wanchai, Hong Kong. The telephone and fax numbers of the Company will remain unchanged.

By order of the Board

Company Secretary

Hong Kong, 2 December 2016

As at the date of this announcement, the executive directors of the Company are Messrs. Ding Xiang Yang, Xia Jing Hua and Yan Zhi Rong; the non-executive director of the Company is Mr. Cheng Li Xiong; the independent non-executive directors of the Company are Prof. Liu Tao, Messrs. Wo Rui Fang and Han Ping.