IFM Investments Limited (Century 21 China Real Estate) (CTC)

Q3 2011 Earnings Call

November 17, 2011, 8:00 a.m. ET

Executives

Donald Zhang - Co-founder, Chairman and Chief Executive Officer

Harry Lu - Co-founder, Vice Chairman and President

Kevin Wei - Chief Financial Officer

Josh Gartner – IR

Analysts

Liping Cai – William Blair

Ella Ji – Oppenheimer

Presentation

Operator

Good evening and thank you for standing by for Century 21 China Real Estate's third quarter 2011 earnings conference call. At this time all participants are in listen-only mode. After Management's prepared remarks, there will be a question-and-answer session. Today's conference call is being recorded. I will now turn the call over to your host for today, Josh Gartner.

Josh Gartner

Thank you, everyone for joining us for Century 21 China Real Estate's third quarter 2011 earnings call.

With us today are Donald Zhang, co-founder, chairman and chief executive officer, Harry Lu, co-founder, vice chairman and president, and Kevin Wei, the company’s chief financial officer.

Before we continue please allow me to read you IFM Investments' Safe Harbor statement. Some of the statements during this conference call are forward-looking statements made under the Safe Harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended.

Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to, those outlined in our public filings with the SEC. IFM Investments Limited does not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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