Xinyuan Real Estate Co., Ltd. Announces Completion of Partial Repurchases of Senior Notes

Xinyuan Real Estate Co., Ltd. Announces Completion of Partial Repurchases of
Senior Notes

BEIJING, Sept. 24,  2020 (GLOBE  NEWSWIRE) --  Xinyuan Real  Estate Co.,  Ltd.
(“Xinyuan” or “the Company”) (NYSE: XIN), an NYSE-listed real estate developer
and property manager operating primarily in China and also in other countries,
today announced  that  the  Company  has completed  two  tranches  of  partial
repurchases  of  certain  senior  notes  listed  on  the  Singapore   Exchange
Securities Trading Limited (the “SGX-ST”).

The Company’s Senior Notes set forth in the tables below (the “Existing Senior
Notes”) are listed on the  Singapore Exchange Securities Trading Limited  (the
“SGX-ST”). The SGX-ST assumes no responsibility for the correctness of any  of
the statements made, opinions expressed or reports contained herein.

From March 3, 2020 to September 10, 2020

From March 3,  2020 through  September 10,  2020, the  Company made  on-market
repurchases of its 14.2% and 7.75%  senior notes in accordance with the  terms
and conditions  of  that series  of  notes. The  table  below sets  the  total
cumulative principal amount  of each  series repurchased by  the Company  from
March  3,  2020,  the  date  of  the  Company’s  last  announcement  regarding
repurchase and cancellation of senior  notes, through September 10, 2020,  the
total cumulative principal amount repurchased as a percentage of the  original
issue size  and the  outstanding principal  amount of  each series  after  the
cancellation of the total cumulative principal amount repurchased:

                                  Total
                                  Cumulative                  Outstanding
                                  Principal      As a         Principal Amount
                     ISIN         Amount         Percentage   after
Senior Notes         Code/Common  Repurchased    of           Cancellation,
                     Code         from March 3,  the Original as of September
                                  2020 to        Issue Size   10, 2020
                                  September 10,
                                  2020
14.2% Senior Notes
in an aggregate
principal amount of  XS1943449022
US$300,000,000       /194344902   US$5,500,000   1.83%        US$292,000,000
(including
US$100,000,000 tap
issue) due 2021
7.75% Senior Notes
in an aggregate      XS1567240418
principal amount of  /156724041   US$5,000,000   1.67%        US$258,800,000
US$300,000,000 due
2021

From September 10, 2020 to September 24, 2020

From September 10, 2020  through September 24,  2020, the Company  repurchased
portions of its 8.875%, 7.75%, 14.2% and 14.5% senior notes in accordance with
the terms and  conditions of  each series of  the Existing  Senior Notes.  The
table below  sets  the  total  cumulative  principal  amount  of  each  series
repurchased by the Company from September 10, 2020 through September 24, 2020,
the total  cumulative principal  amount  repurchased as  a percentage  of  the
original issue size and the outstanding principal amount of each series of the
Existing Senior Notes after the cancellation of the total cumulative principal
amount repurchased:

                                    Total
                                    Cumulative                 Outstanding
                                    Principal     As a         Principal
                       ISIN         Amount        Percentage   Amount
Senior Notes           Code/Common  Repurchased   of           after
                       Code         from          the Original Cancellation,
                                    September 10, Issue Size   as of September
                                    2020 to                    24,
                                    September 24,              2020
                                    2020
8.875% Senior Notes in
an aggregate principal XS1718488064
amount of              /171848806   US$20,000,000 6.67%        US$278,400,000
US$300,000,000 due
2020
7.75% Senior Notes in
an aggregate principal XS1567240418
amount of              /156724041   US$34,000,000 11.33%       US$224,800,000
US$300,000,000 due
2021
14.2% Senior Notes in
an aggregate principal
amount of              XS1943449022
US$300,000,000         /194344902   US$38,000,000 12.67%       US$254,000,000
(including
US$100,000,000 tap
issue) due 2021
14.5% Senior Notes in
an aggregate principal XS2176792658
amount of              /217679265   US$500,000    0.17%        US$299,500,000
US$300,000,000 due
2023

About Xinyuan Real Estate

Xinyuan Real  Estate  Co., Ltd.  ("Xinyuan")  is an  NYSE-listed  real  estate
developer and  property  manager primarily  in  China and  recently  in  other
countries. In China, Xinyuan  develops and manages  large scale, high  quality
real estate  projects in  over ten  tier one  and tier  two cities,  including
Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou,
Dalian, Zhuhai and Foshan.  Xinyuan was one of  the first Chinese real  estate
developers to enter  the U.S.  market and  over the  past few  years has  been
active in  real  estate development  in  New  York. Xinyuan  aims  to  provide
comfortable and  convenient  real  estate related  products  and  services  to
middle-class    consumers.    For     more    information,    please     visit
http://www.xyre.com.

Investor Contact:

For more information, please contact:

In China:

Xinyuan Real Estate Co., Ltd.
Mr. Charles Wang
Investor Relations Director
Tel: +86 (10) 8588-9376
Email: [email protected]

The Blueshirt Group
Ms. Susie Wang
Mobile: +86 (138) 1081-7475
Email: [email protected]

In the United States:

The Blueshirt Group
Ms. Julia Qian
Email: [email protected]

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