China Central Properties Limited ("CCP"), a property investment company incorporated in the Isle of Man in February 2007 and listed on the AIM market of the London Stock Exchange in June 2007, focuses primarily on investing in medium to large partially completed property projects in major and secondary cities in the Chinese Mainland. The Company may also invest in other property projects that conform with its investment criteria.

To date, CCP has a well-diversified portfolio of properties in Beijing, Chengdu, Chongqing, Dalian, Guangzhou, Qingdao and Shenyang, and has more to be acquired and developed in the pipeline.

SOCAM Asset Management Limited ("SAM"), a wholly-owned subsidiary of Shui On Construction And Materials Limited ("SOCAM"), is the Investment Manager for CCP, and undertakes the management of CCP's current property projects and any future investments (including the negotiation and acquisition of potential assets). SAM has assembled an investment management team which has many years of experience in the mainland Chinese property market and which will leverage off the construction, property development and financial structuring expertise of SOCAM.

Listed on the Hong Kong Stock Exchange in 1997, SOCAM is a member of Shui On Group and has been engaged in property development and investment, cement, construction, and venture capital investment in Hong Kong, Macau and the Chinese Mainland.

Shui On Group has had a presence in the Mainland market since the mid-1980s and has established brand reputation for creating high quality international standard property projects, with proven success in developing and managing projects in Hong Kong, Shanghai, Chongqing, Wuhan, Hangzhou, Dalian and Foshan. Its flagship properties company, Shui On Land, was listed on the Hong Kong Stock Exchange in 2006.