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(9July2009) China Overseas Land and Investment Ltd (“COLI” or the “Company” , stock code: 00688) announced that the property sales in June amounted to HK$6 billion and the total GFA of property sold reached 665,900 square meters, representing an increase of 31.6% and 32.5% respectively from those in June 2008. From January to June 2009, the total property sales amounted to HK$26.3 billion and the total GFA sold reached 2,827,200 square meters, representing an increase of 66.1% and 92.4% respectively as compared to the same period of last year.

By the end of June, the Pearl River Delta Region realized the strongest property sales – its sales revenue and total GFA sold amounted to HK$7.9 billion and 850,500 square meters, an increase of 94.5% and 115.2% respectively as compared to the same period of year 2008. The Yangtze River Delta Region recorded strong percentage growth – its sales revenue and total GFA sold amounted to HK$7.1 billion and 607,200 square meters, an increase of 83% and 145.4% respectively as compared to the same period of year 2008. The Western Region and the pan-Bohai Rim also achieved very strong sales growth.

No new land was acquired in June 2009. Currently, the Company has a total land reserve of 24.8 million square meters, which is sufficient to meet the requirement of the Company’s development in the coming 4 -5 years.

Note:  In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.