SHANGHAI FORTE LAND CO., LTD.*

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SHANGHAI FORTE LAND CO., LTD.*. (a Sino-foreign joint stock limited company incorporated in the People's Republic of Chi
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take noresponsibility for the contents of this document, 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.

SHANGHAI FORTE LAND CO., LTD.* (a Sino-foreign joint stock limited company incorporated in the People’s Republic of China) (Stock Code: 02337)

Announcement CONTRACTUAL SALES FIGURES OF THE GROUP FOR THE MONTH OF FEBRUARY 2010 The board of directors of Shanghai Forte Land Co., Ltd. (the “Company”, together with its subsidiaries, the “ Group”) would like to inform its shareholders and the investment public of the contractual sales figures of the Group for the month of February 2010. Due to uncertainties in the sales process, the sales figures set out as below may deviate from finalized sales figures in the interim/annual reports and are for investors' reference only. According to the sale and purchase contracts duly entered into between the Group and the purchasers, the attributable (according to equity interests) contractual sales area and sales amount achieved by the Group for the month of February 2010 were approximately 23,688 square metres and RMB 324 million, respectively (same period for year 2009: 18,899 square metres and RMB138 million,2009 February contract sales figures exclude impact from transfer of primary development), the breakdowns of which by projects are set out below (excluding the sales of parking spaces):

Project Name Parktown Fashion Block Forte Times Villa Espana Xirongxian 26 Peking House Uptown Invaluable City Forte International East Lake Graceful Oasis(Note 1) Ronchamp Villa Australian Garden(Note 2) Natural City Yotown Sub Total(February 2010) Total(from January to February 2010)

City Shanghai Shanghai Shanghai Shanghai Beijing Beijing Chongqing Hangzhou Wuhan Nanjing Nanjing Wuxi Changchun Xi'an

Attributable Area Amount m2 RMB Million 2,467 48.28 1,260 20.07 2,029 45.78 1,009 12.65 408 18.29 1,974 85.03 1,770 9.28 196 2.09 759 11.56 1,955 13.34 426 6.53 2,943 16.91 1,601 9.28 4,892 24.92 23,688 324 64,208 728

Gross Area Amount m2 RMB Million 2,467 48.28 1,260 20.07 2,029 45.78 1,835 23.00 408 18.29 1,974 85.03 1,770 9.28 261 2.79 1,085 16.51 4,775 32.57 426 6.53 5,885 33.81 1,601 9.28 5,149 26.23 30,924 377 81,455 859

Equity Interest of the Group 100.00% 100.00% 100.00% 55.00% 100.00% 100.00% 100.00% 75.00% 70.00% 40.95% 100.00% 50.00% 100.00% 95.00%

Note: 1 Associate 2 Jointly-controlled entity

By Order of the Board SHANGHAI FORTE LAND CO., LTD. FAN WEI Chairman 8 March 2010, Shanghai, PRC As at the date of this announcement, the executive directors of the Company are Mr. Fan Wei, Mr. Zhang Hua and Mr. Wang Zhe; the non-executive directors of the Company are Mr. Guo Guangchang, Mr. Feng Xiekun and Mr. Chen Qiyu; and the independent non-executive directors of the Company are Mr. Charles Nicholas Brooke, Mr. Chen Yingjie, Mr. Zhang Hongming and Ms. Wang Meijuan. *

For identification purpose only