(For Immediate Release)

LT Commercial Real Estate signs letter of intent with Congtai District, Handan City in China over plan to redevelop Chuancheng Street into pedestrian street for commerce, culture and tourism

(13 April 2015 - Hong Kong) LT Commercial Real Estate Limited ("LT Commercial" or the "Company") (Stock Code: 00112) is pleased to announce that the Company has signed a letter of intent with Congtai District, Handan City, Hebei Province over a commercial property project ("Handan Project") of redeveloping Chuancheng Street into a pedestrian street for commerce, culture and tourism, reinforcing its strategic business presence in the second- and third-tier cities.

Located at the central business district in Handan City, Chuancheng Street is situated north of Renmin Road, south of Congtai Road, east of Lingxi Street and west of Congtai Park. The commercial complex has a site area of approximately 114,200 square meters while a site area of approximately 67,778 square meters in south of Qingnian Road, Congtai district is for residential development. The project to be built will feature the ancient cultures of the Warring States Period (戰國時期), Han Dynasty and the Yue State (古越時期), and will contain multi-purpose facilities to bring commerce, culture, tourism, catering, entertainment, leisure and shopping under one roof, allowing people to experience a multifaceted lifestyle.

At the signing ceremony, the government officials of Congtai District, Handan City had an in-depth discussion about the redevelopment plan of Chuancheng Street with Mr. Yang Longfei, Chairman of the Board of China Lerthai Commercial Real Estate Group, and Chairman and Chief Executive Officer of LT Commercial. An official of the Government of Congtai District said, "LT Commercial has a regional advantage, unparalleled insights into commercial property investment, and the capability to introduce international brands from around the world into commercial property projects. We hope more capable international enterprises like LT Commercial will invest in Handan City and add impetus to its economy." LT Commercial hopes to boost the city's economic development and improve the locals' living standard through this cooperation, thus accomplishing its corporate mission of "Together We Transcend".

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About LT Commercial Real Estate Limited
LT Commercial Real Estate Limited (00112.HK) is a Hong Kong-listed company under China Lerthai Commercial Real Estate Group, with a focus on commercial real estate development and construction. Following the successively confirmed overseas commercial property project in the U.S., the Company has commenced the "Lerthai City" project in Tangshan, and has signed letters of intent with local government authorities in Nanjing, Xingtai and Baoding. At the same time, the negotiations for projects in Changsha, Wuhan, Tianjin and Beijing are also proceeding smoothly. With a global strategic plan, the Company aspires to become a leader in the international commercial property sector. It aims to promote the development of urban economy and society and to improve the living standard of residents, thus realizing its vision of "improving urban life with commercial properties for global businesses."

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