Paul Hastings Advises Yuzhou Properties On US$200 Million Senior Notes Offering

December 10, 2010

Hong Kong (December 10, 2010) Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised Yuzhou Properties Company Limited (Yuzhou Properties), a leading property developer in Chinas Fujian province listed on the Main Board of the Hong Kong Stock Exchange, on its issuance of senior notes valued at approximately US$200 million.

The Hong Kong debt capital markets have been particularly active in 2010 and this rounds off a landmark year for the firm. We have advised on over US$2 billion in debt capital market transactions including a number of groundbreaking transactions, particularly on behalf of publicly listed property companies. said Raymond Li, chair of the Greater China practice at Paul Hastings in Hong Kong.

The Paul Hastings capital markets team was led by partners Raymond Li, Vivian Lam, Neil Torpey and David Grimm assisted by associates Celia Chau, Erika Wan, May Lun and Matthew Smith.

Earlier this year Paul Hastings advised Yuzhou Properties on its issuance of approximately US$129 million of fixed rate guaranteed bonds due 2013. In addition, the firm advised Morgan Stanley as the sole bookrunner in Yuzhou Properties US$208 million Hong Kong IPO and global offering in November 2009.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.