I Project developer: Wuhan Zhongjian Real Estate Develop Co, Ltd.

II Project Background:

This project is a cooperated developing project with Industrial&Commercial Bank Hubei Provincial Branch providing land, and Zhongjian Real Estate Develop Co,Ltd. Injecting capital. It is to be built as a fashion square integrating functions of shopping, entertainment and leisure. It is located at Zhongnan Road ,the golden area for business and finance with the entrance to Wuhan No.2 and No.4 Underground line. This project boasts an easy transportation, excellent business atmosphere and great potential.

III Project Contents:

The project’s structure is in frame structure, constituted of three tower buildings with 28 floors. It is of 11857.8㎡with floorage of 121521.7㎡With percentage of greenery coverage of  21%  and 400 parking spaces at the three floors underground , it is a synthesis building equipped with different functions of residence ,business and office. Up to date, this project has completed the base part ,the first 5 floors is to be completed by July 10, 2005,the main building will be completed before Dec.31 .The number of residential registration has exceed 50% and the office building is also favored by several foreign companies. The price for sale of the office building is around 6000RMB/㎡.

IV Approach to cooperation: lease or purchase

Price : 5000-5100RMB/㎡for  residential apartment sale ;1.6 RMB/㎡for property management fee;

      6200-6300 RMB/㎡ for office building sale;45-50 RMB/㎡ for office building lease;6.6 RMB/㎡for property management fee.