IPO

	EXCEL DEVELOPMENT (HOLDINGS) LIMITED (01372)

Cover Important Expected Timetable Contents Summary Definitions Glossary of Technical Terms Forward-Looking Statements Risk Factors Waivers from Strict Compliance with the Listing Rules Information about this Prospectus and the Share Offer Directors and Parties Involved in the Share Offer Corporate Information Industry Overview Regulatory Overview History and Development Business Connected Transactions Relationship with Controlling Shareholders Directors, Senior Management and Employees Substantial Shareholders Share Capital Financial Information Future Plans and Use of Proceeds Underwriting Structure and Conditions of the Share Offer How to Apply for Public Offer Shares and Reserved Shares Appendix I - Accountants' Report Appendix II - Unaudited Pro Forma Financial Information Appendix III - Summary of the Constitution of our Company and Cayman Islands Company Law Appendix IV - Statutory and General Information Appendix V - Documents Delivered to the Registrar of Companies and Available for Inspection Back cover