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E-House Announces Completion of CRIC Merger and Management Changes

SHANGHAI April 23, 2012 China China

E-House also announced the following board and management changes, all of which became effective upon completion of the merger:

  • Xin Zhou
  • Charles Chao
  • Li-Lan Cheng
  • Ms. Bin Laurence has been appointed chief financial officer. Ms. Laurence served as the chief financial officer of CRIC from 2009 until the completion of the merger.
  • Jianjun Zang
  • Zuyu Ding
  • Fan Bao
  • May Wu

Xin Zhou

China April 19, 2012 $1.75 $1.75 $0.05

April 23, 2012

About E-House

China China China http://www.ehousechina.com

Safe Harbor: Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "may," "intend," "confident," "is currently reviewing," "it is possible," "subject to" and similar statements. Among other things, the quotations from management in this press release contain forward-looking statements. E-House may also make written or oral forward-looking statements in its reports filed or furnished with the U.S. Securities and Exchange Commission, including on Forms 20-F and 6-K, 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 E-House’s beliefs and expectations, are forward-looking statements and are subject to change. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained, either expressly or impliedly, in any of the forward-looking statements in this press release. These factors include the risk factors detailed in E-House’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of this press release, and E-House does not undertake any obligation to update any such information, except as required under applicable law.

For investor and media inquiries please contact:

China

Michelle Yuan

China

[email protected]

Derek Mitchell
Beijing

[email protected]

In the U.S.:

Jessica Barist Cohen
New York

[email protected]

China

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