BEIJING--(BUSINESS WIRE)--Dec. 13, 2011--
SouFun Holdings Limited (NYSE: SFUN, “SouFun”), the leading real estate
and home furnishing Internet portal in China, today announced that its
Board of Directors has approved and declared a cash dividend of US$1.00
per share on the Company’s ordinary shares. Each of the SouFun’s
American depositary shares (“ADS”) represents one ordinary share.
The cash dividend will be paid by January 31, 2012 to shareholders of
record as of the close of business on December 23, 2011. Dividends to be
paid to SouFun’s ADS holders through the depositary bank, JPMorgan Chase
Bank, N.A., will be subject to the terms of the deposit agreement,
including the fees and expenses payable thereunder.
About SouFun
SouFun operates the leading real estate Internet portal and home
furnishing and improvement website in China in terms of the number of
page views and visitors to its website in 2010. SouFun has built a large
and active community of users who are attracted by the comprehensive
real estate and home furnishing and improvement content available on its
portal that forms the foundation of its service offerings. SouFun
currently maintains 103 offices to focus on local market needs and its
website and database contains real estate-related content coverage of
310 cities in China. For more information about SouFun, please visit http://ir.soufun.com.
Safe Harbor Statements
This announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking 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,” “may,” “should” and similar expressions. Such
forward-looking statements include, without limitation, statements
regarding the outlook for the fiscal year of 2011 and comments by
management in this release and SouFun’s strategic and operational plans
and future market positions. SouFun may also make forward-looking
statements in its periodic reports to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases and
other written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about SouFun’s beliefs and
expectations, are forward-looking statements. Forward-looking statements
involve inherent risks and uncertainties. A number of important factors
could cause actual results to differ materially from those contained in
any forward-looking statement. Potential risks and uncertainties
include, but are not limited to, SouFun’s limited operating history, the
current global financial and credit markets crisis and its potential
impact on the Chinese economy, measures taken or to be taken by the
Chinese government to control real estate growth and prices and other
events which could recur in the future, the uncertain regulatory
landscape in China, fluctuations in SouFun’s quarterly operating
results, its reliance on online advertising sales and listing services
for its revenues, any failure to successfully develop and expand its
content, service offerings and features, and the technologies that
support them, and any failure to successfully integrate acquired
businesses.
Further information regarding these and other risks and uncertainties is
included in our annual report on Form 20-F and other documents filed
with the U.S. Securities and Exchange Commission. SouFun does not assume
any obligation to update any forward-looking statements in this release
and elsewhere, which apply only as of the date of this press release.
Source: SouFun Holdings Limited
SouFun Holdings Limited
Jill Jiao, +86 (10) 5930 6668
ir@soufun.com