Xinyuan Real Estate Receives Top 100 Chinese Real Estate Companies Award for Third...

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Thu Apr 17, 2008 7:00am EDT

Xinyuan Real Estate Receives Top 100 Chinese Real Estate Companies Award for
Third Consecutive Year
Company Also Receives Top 100 Chinese Real Estate Companies with Greatest
Growth Potential Award

ZHENGZHOU, China, April 17 /Xinhua-PRNewswire/ -- Xinyuan Real Estate Co.,
Ltd. (''Xinyuan'' or ''the Company'') (NYSE: XIN), a fast-growing residential
real estate developer with a focus on strategically selected Tier II cities in
China, today announced it has been selected as a recipient of the 2008 Top 100
Chinese Real Estate Companies Award by the China Real Estate Top 10 Committee.
Xinyuan has also been selected by the Committee as a recipient of the 2008 Top
100 Chinese Real Estate Companies with Greatest Growth Potential Award.
    "We are delighted to be recognized as one of the top one hundred companies
in China's real estate industry,'' said Mr. Yong Zhang, Xinyuan's chairman and
chief executive officer.  ''The Top 100 awards are an important benchmark for
evaluating a real estate enterprise's operational strength and industry status
and these awards further enhance our brand recognition in the industry."
    Xinyuan has been recognized in the Top 100 Chinese Real Estate Companies
list for three consecutive years with the Company's ranking jumping from 87th
in 2006 to 44th in 2008.  Xinyuan was ranked 4th in the 2008 Top 100 Chinese
Real Estate Companies with Greatest Growth Potential category.  According to
the selection committee, Xinyuan was recognized as having strong growth
potential because it stands out among the more than 10,000 real estate
developers in China in terms of scale, growth, profitability and development
potential.
    The China Real Estate Top 10 Committee is a real estate market research
task force jointly organized by the China Real Estate Association, the
Enterprise Research Institute of the Development Research Center of the State
Council of PRC, the Institute of Real Estate Studies of Tsinghua University
and the China Index Academy.
    About Xinyuan Real Estate Co., Ltd.
    Xinyuan Real Estate Co., Ltd. (''Xinyuan'') (NYSE: XIN) is a fast-growing
developer of large scale, quality residential real estate projects aimed at
providing middle-income consumers with a comfortable and convenient community
life.  Xinyuan focuses on China's Tier II cities, characterized as larger,
more developed urban areas with above average GDP and population growth rates.
Ranked #1 among all property developers in Zhengzhou in terms of contracted
sales of residential units for the years 2004, 2005 and 2006, Xinyuan has
expanded its network to cover a total population of over 34.5 million people
in 6 strategically selected Tier II cities, including Chengdu, Hefei, Jinan,
Kunshan, Suzhou and Zhengzhou.  Xinyuan has completed 14 projects with a total
gross floor area (''GFA'') of over 1.0 million square meters within the past
10 years and as of December 31, 2007, Xinyuan had 8 projects under
construction with a total GFA of 1.1 million square meters and 6 additional
projects under planning with total GFA of 1.4 million square meters.  With a
focus on high asset turnover, efficient working capital management and strict
cost control, Xinyuan is dedicated to bringing high quality, affordable homes
to China's middle income buyers.  For more information, please visit
http://www.xyre.com .
    Safe Harbor Statement
    This announcement may contain forward-looking statements. These statements
are made under the ''safe harbor'' provisions of the U.S. Private Securities
Litigation Reform Act of 1995.  These forward-looking statements can be
identified by terminology such as ''will,'' ''expects,'' ''anticipates,''
''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates,'' ''confident''
and similar statements.  Statements that are not historical facts, including
statements concerning Xinyuan's beliefs, forecasts, estimates and
expectations,
are forward-looking statements.  Forward-looking statements involve inherent
risks and uncertainties that could cause actual results to differ materially
from those projected or anticipated, including risks that: if we are unable to
successfully manage our expansion into other Tier II cities, we will not be
able to execute our business plan; we face intense competition from other real
estate developers; we may be unable to complete our property developments on
time or at all; our results of operations may fluctuate from period to period;
we are heavily dependent on the performance of the residential property market
in China, which is at a relatively early development stage; the PRC government
may adopt further measures to curtail the overheating property sector; PRC
economic, political and social conditions as well as government policies can
affect our business and other risks outlined in our public filings with the
Securities and Exchange Commission, including our registration statement on
Form F-1, as amended.  All information provided in this press release is as of
April 17, 2008.  Except as required by law, Xinyuan undertakes no duty to
update or revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, after the date on which the
statements are made or to reflect the occurrence of unanticipated events.
    For more information, please contact:

    In China:
     Ms. Lisa Wang
     Director of Investor Relations
     GM of Strategy, Investment and Finance Department
     Tel:   +86-1350-100-4871
     Email: lisa.wang@xyre.com

     Mr. Derek Mitchell
     Ogilvy Public Relations Worldwide (Beijing)
     Tel:  +86-10-8520-6284
     Email: derek.mitchell@ogilvy.com

    In the United States:
     Mr. Jeremy Bridgman
     Ogilvy Public Relations Worldwide (New York)
     Tel:   +1-212-880-5363
     Email: jeremy.bridgman@ogilvypr.com

SOURCE  Xinyuan Real Estate Co., Ltd.

In China - Ms. Lisa Wang, Director of Investor Relations, GM of Strategy,
Investment and Finance Department, +86-1350-100-4871, or lisa.wang@xyre.com;
Mr. Derek Mitchell of Ogilvy Public Relations Worldwide (Beijing),
+86-10-8520-6284, or derek.mitchell@ogilvy.com; In the United States - Mr.
Jeremy Bridgman of Ogilvy Public Relations Worldwide (New York),
+1-212-880-5363, or jeremy.bridgman@ogilvypr.com
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