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(8 December 2009) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688) announced that the property sales in November amounted to HK$2.5 billion and the GFA sold reached 211,600 square meters, representing an increase of 10.31% and decrease of 23.31% respectively from those in November 2008. From January to November 2009, the total property sales amounted to HK$45 billion and the total GFA sold reached 4.57 million square meters, representing an increase of 79.4% and 83.5% respectively as compared to the same period of last year.

By the end of November the pan-Bohai Rim realized the strongest property sales –its sales revenue and total GFA sold amounted to HK$12.2 billion and 1,337,000 square meters, an increase of 114.0% and 115.5% respectively as compared to the same period of year 2008. Other Regions also achieved very strong sales growth.

In November 2009, the Company acquired two new projects in Shenyang City and Hong Kong. The total attributable GFA newly acquired reached 2.32 million square meters. The total land premium payable was 3.93 billion yuan. By the end of November 2009, the total new land acquisitions amounted to 11.65 million square meters and the attributable portion was 10.71 million square meters. Currently, the Company has a total land reserve of 34.69 million square meters and the total attributable GFA reached 31.21 million square meters, which is sufficient to meet the requirement of the Company’s development in the coming 4 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.