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Post# of 648989
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$tockefeller

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$tockefeller

Re: None

Monday, 12/10/2012 8:44:59 AM

Monday, December 10, 2012 8:44:59 AM

Post# of 648989
EJ- Great news. Announced $62mil repurchase program at $3.52. 15% premium to the current price.

Mr. Zhou commented, "Our plan to significantly increase the management team's stake in E-House by investing personal funds reflects our confidence in the Company's business strategies and prospects, and our long-term commitment to the Company. Our investment in the Company's stock, combined with the board's decision to implement a share repurchase plan with the proceeds from the issuance of the new shares, reflects our belief that the Company's shares are presently undervalued. This repurchase plan further demonstrates our commitment to enhancing shareholder value."

Money on my mind!

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