Additional Listing

ASIAN GROWTH PROPERTIES LIMITED

Block Listing Application

The board of directors of Asian Growth Properties Limited (the "Company") (AIM Stock Code: AGP), the Hong Kong based China property development and investment company, refers to an announcement made by the Company on 28th May, 2010 and announces that:

(i) application has been made by the Company to the London Stock Exchange for a block listing of 88,634,781 ordinary shares of US$0.05 each in the Company (the "Shares"), being 10% of the existing issued Shares, to be admitted for trading on the AIM Market;

(ii) the subject application is made in connection with the Shares which may be issued upon (a) the exercise of the subscription rights attached to any options granted under the Company's share option scheme and (b) the vesting of awards granted under the Company's share award scheme;

(iii) the Shares to be issued will rank pari passu in all respects with the existing issued Shares; and .

(iv) these Shares will not be allotted immediately but will be allotted only as and when options are exercised and awards are vested according to the rules of the relevant schemes.

12 August 2010

For more information, please contact:

Lu Wing Chi Tel: +852 2828 6363

Executive Director

Asian Growth Properties Limited

Richard Gray Tel: +44 207 459 3600

Andrew Potts

Panmure Gordon (UK) Limited

(Nominated Advisor)