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(10 October 2011) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property sales in September amounted to HK$6.6 billion and the GFA sold reached 491,600.0 square meters, representing a decrease of 18.0% and 13.2% respectively from those in September 2010, and an increase of 48.4% and 48.3% from those in August 2011. From January to September 2011, the total property sales amounted to HK$71.3 billion and the total GFA sold reached 4.4 million square meters, representing an increase of 54.7% and 22.1% respectively as compared to the same period of last year.

In September, the Pearl River Delta Region (Shenzhen City, Zhongshan City, Guangzhou City, Foshan City and Zhuhai City) realized the strongest property sales – its sales revenue amounted to HK$1.8 billion, an increase of 9.9% as compared to the same period of year 2010; the Northern Region (Shenyang City, Changchun City, Dalian City, Qingdao City) recorded the strongest GFA sold – its total GFA sold amounted to 146,700.0 square meters, recorded a Y-o-Y decrease of 9.8%. The Bohai Rim (Beijing City, Tianjin City and Jinan City) achieved the strongest percentage growth in both the sales value and GFA sold – its sales revenue amounted to HK$0.9 billion, an increase of 85.4% as compared to the same period of year 2010; while its total GFA sold amounted to 77,800.0 square meters, an increase of 401.9% as compared to the same period of last year.

In September 2011, the company acquired 1 new project in Guangzhou with total attributable GFA 486,342.0 square meters. The total land premium payable was RMB1.7 billion. The company acquired a total new land amounting to 9.8 million square meters and the attributable portion was 9.7 million square meters so far this year.

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.