XIN Xinyuan Real Estate Co Ltd

BEIJING, Dec. 5 /PRNewswire-Asia/ -- 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 that it has obtained shareholder approval for all matters submitted for approval at the Company's 2008 annual general meeting held in Beijing today. The following resolutions proposed by the Company were approved by Xinyuan's shareholders: 1. Approval by ordinary resolution of the manner of purchase under the Company's share repurchase program. 2. Amendment by special resolution of Articles 16 through 18 of the Amended and Restated Articles of Association of the Company such that, subsequent to the share repurchase program described in proposal 1, the manner of purchase by the Company of its shares shall be in accordance with the Company's Restated Articles and other terms determined by its board of directors. 3. Ratification by ordinary resolution of the appointment of the Company's independent auditor Ernst & Young Hua Ming for the fiscal year 2008. Materials related to the annual general meeting of shareholders, including the proxy statement, are available through the Company's website at http://agm.xyre.com/ . About Xinyuan Real Estate Co., Ltd. Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE:XIN) is a fast-growing developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Xinyuan focuses on China's Tier II cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. Xinyuan has expanded its network to cover a total population of over 34.5 million people in six strategically selected Tier II cities, comprising Hefei, Jinan, Kunshan, Suzhou, Zhengzhou and Chengdu. Xinyuan is the first real estate developer from China to be listed on the New York Stock Exchange. For more information, please visit http://www.xyre.com/ . Safe Harbor Statement This press release 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 our 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, but not limited to, the risk that: the market price of our ADSs may be volatile; you may be subject to limitations on transfer of your ADSs, and other risks outlined in our public filings with the Securities and Exchange Commission, including our annual report on Form 20-F for the year ended December 31, 2007. All information provided in this press release is as of December 5, 2008. Except as required by law, we undertake no obligation 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: Mr. Frank Ng Chief Financial Officer Tel: +86-10-8588-9255 Email: Mr. Jacky Zhang Deputy General Manager of Investor Relations Tel: +86-10-8588-9262 Email: Mr. Derek Mitchell Ogilvy Financial, Beijing Tel: +86-10-8520-6284 Email: In the United States: Mr. Thomas Smith Ogilvy Financial, New York Tel: +1-212-880-5269 Email: DATASOURCE: Xinyuan Real Estate Co., Ltd. CONTACT: In China: Mr. Frank Ng, Chief Financial Officer, +86-10-8588- 9255, or ; Mr. Jacky Zhang, Deputy General Manager of Investor Relations, +86-10-8588-9262, or ; Mr. Derek Mitchell, Ogilvy Financial, Beijing, +86-10-8520-6284, or ; In the United States: Mr. Thomas Smith, Ogilvy Financial, New York, +1-212-880- 5269, or Web site: http://agm.xyre.com/ http://www.xyre.com/

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