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(6 August2009) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688) announced that the property sales in July amounted to HK$4.1 billion and the total GFA of property sold reached 421,500 square meters, representing an increase of 112.7% and 144.6% respectively from those in July 2008. From January to July 2009, the total property sales amounted to HK$30.4 billion and the total GFA sold reached 3,248,600 square meters, representing an increase of 71.1% and 97.9% respectively as compared to the same period of last year.

By the end of July, the Pearl River Delta Region realized the strongest property sales – its sales revenue and total GFA sold amounted to HK$8.9 billion and 945,900 square meters, an increase of 96.7% and 121.3% respectively as compared to the same period of year 2008. The Yangtze River Delta Region recorded strongest percentage growth in GFA sold – its sales revenue and total GFA sold amounted to HK$7.9 billion and 659,800 square meters, an increase of 74.0% and 124.1% 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 July 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.