Madison Property AG
Madison Property AG: Projects delivered on time
Madison Property AG / Key word(s): Miscellaneous 04.05.2011 / 09:00 Berlin/Frankfurt, May 4, 2011 - Madison Property AG has completed three residential real estate projects and handed them over to their new owners as scheduled in April 2011. With these three new projects completed, the Chinese real estate developer has completed and sold 17 projects / project phases since its foundation in 1998. The first two of the projects, namely Green Bay Phase 1 (Eastern Zone) and The Villa with Springs Phase 1, are located in the city of Qingdao, Shandong Province. The third one, Ocean Century Garden Phase 4, is located in the city of Zibo, Shandong Province. The total saleable gross floor area (GFA) of all three projects sums up to a total of 125,940 sqm. 'Our revenue target of about EUR 70 million for the financial year 2010/2011, which we have announced during our uplisting process into the Entry Standard of Frankfurt Stock Exchange, was met', says Qingtong Tian, CEO and founder of Madison Property AG. About Madison Property AG Madison Property AG (ISIN DE000A0V9KR3 / WKN A0V9KR / Ticker MPD) is a German stock corporation with its registered legal seat in Berlin. It is the holding company of Madison Property Group Limited which operates as a large scale property developer with its local subsidiaries in China, mainly in the Shandong Province and the municipality of Chongqing. Founded in 1998, Madison already completed and successfully sold 17 projects/project phases. It is focused mainly on residential properties with high quality and travel as well as leisure properties. Madison is recognised as a Class I property developer by the People's Republic of China Ministry of Housing and Urban-Rural Development and can therefore undertake projects nationwide without limitation on the construction scale. For further information please contact: Kirchhoff Consult AG Sebastian Bucher T: +49 40 60 91 86 18 F: +49 40 60 91 86 60 E-Mail: sebastian.bucher@kirchhoff.de or visit www.madisonproperty.de Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Madison Property AG. This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of Madison Property AG (the 'Shares') have not been registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. End of Corporate News --------------------------------------------------------------------- 04.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 122864 04.05.2011
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