[www.sse.com.cn www.sse.com.cn 1. Questions relating to the trademark dispute 1) Trademarks and domain names owned by Fang and Beijing Daojieshi Investment Consultancy Services Co., Ltd. (“Daojieshi”), respectively Wanli’s response (i) Trademarks owned by the Target Companies As of the date of this response, the Target Companies own the following trademarks. a. Trademarks under the procedures of transfer to the Target] []

[FANG ANNOUNCES FURTHER UPDATE ON A SHARE RESTRUCTURING Wanli advised the Company that it had submitted to the SSE its responses (the “Responses”) to the SSE’s inquiry letter dated January 28, 2016 with respect to the Restructuring. Wanli also advised the Company that it believes its responses have addressed all questions from the SSE and that it would respond in] [www.sse.com.cn www.sse.com.cn Certain Definitions: Fang Subsidiaries SouFun Technology SouFun Hong Kong Subsidiaries Target Business Target Companies Preliminary Plan 1 1. Questions relating to the Internet content provider (“ICP”) license 1) Whether the foreign shareholding structure of a subsidiary to be formed by one of the Target Companies is qualified to hold an ICP license? Wanli’s response The newly established subsidiary] [We performed a specific verification of profit forecast for 2016, 2017 and 2018 with respect to the 100% equity interests in the legal entities that operate Soufun Holdings Limited’s business of Internet advertising for real estate and home furnishing industries after Soufun Holdings Limited’s internal restructuring. These equity interests are the underlying assets (the “Underlying Assets”) in the transaction (the] []

[News Release Fang Announces Fourth Quarter and Fiscal Year Results BEIJING, China, February 25, 2016 – SouFun Holdings Limited (NYSE: SFUN) (“Fang”), the leading real estate Internet portal in China, announced today its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2015. Fourth Quarter 2015 Highlights n Total Revenue n Operating loss Non-GAAP operating loss] []