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E-House Ranked as China’s No. 1 Real Estate Agency and Consulting Company for Fourth Consecutive Year

2008-03-31 21:12 2753

Company to Formally Launch Fee-based Subscription Service for CRIC

SHANGHAI, China, March 31 /Xinhua-PRNewswire-FirstCall/ -- E-House (China) Holdings Limited ("E-House") (NYSE: EJ), a leading real estate services company in China, today announced it has been honored as China’s largest real estate agency and consulting company for 2007 by the China Real Estate Top 10 Committee. E-House also received awards for the best overall strength and as the best comprehensive service provider in China’s real estate agency and consulting sector. The China Real Estate Top 10 Committee is a real estate market research task force jointly organized by the China Real Estate Association, the Enterprise Research Institute of Development Research Center of the State Council of PRC, the Institute of Real Estate Studies of Tsinghua University and the China Index Academy.

"We are very proud to be ranked number one for four consecutive years from 2004 to 2007," said Mr. Xin Zhou, chairman and chief executive officer of E-House. "This reflects our strong leadership position and will further enhance our brand recognition in the industry."

E-House also announced that on April 2, 2008, it will formally roll out the 2008 edition of its proprietary CRIC database system. E-House will launch its fee-based CRIC subscription services following a successful trial period and based on feedback from trial users. E-House will offer both basic access to the database for a flat annual subscription fee and value-added services for premium fees to suit special needs of its customers. The subscription service is offered to real estate developers, investors and other institutions in China’s real estate industry.

About E-House

E-House (China) Holdings Limited ("E-House") (NYSE: EJ) is a leading real estate services company in China. Since its inception in 2000, E-House has experienced rapid growth and is China’s largest real estate agency and consulting services company with presence in more than 30 cities. E-House provides primary real estate agency services, secondary real estate brokerage services and real estate consulting and information services, and has received numerous awards for its innovative and high quality services, including "China’s Best Company" from the National Association of Real Estate Brokerage and Appraisal Companies. E-House believes it has the largest and most comprehensive real estate database system in China, providing up-to-date and in-depth information covering residential and commercial real estate properties in all major regions in China. For more information about E-House, please visit http://www.ehousechina.com .

Safe Harbor: Forward-Looking Statements

This announcement 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 E-House’s beliefs, forecasts, estimates and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Information regarding these risks and uncertainties is included in our public filings with the Securities and Exchange Commission. All information provided in this press release is as of March 31, 2008, and E-House undertakes no duty to update such information, except as required under the applicable law.

For investor and media inquiries, please contact:

In China:

Kate Kui

Director of Corporate Development and Investor Relations

E-House (China) Holdings Limited

Tel: +86-21-5298-0219

Email: katekui@ehousechina.com

Cathy Li

Ogilvy Public Relations Worldwide (Beijing)

Tel: +86-10-8520-6104

Email: cathy.li@ogilvy.com

In the U.S.

Jeremy Bridgman

Ogilvy Public Relations Worldwide (New York)

Tel: +1-212-880-5363

Email: jeremy.bridgman@ogilvypr.com

Source: E-House (China) Holdings Limited
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