Media centre

(10 September 2012) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) announced that the property sales in August amounted to HK$8.0 billion and the GFA sold reached 611,700 square meters, representing a YOY growth of 80.3% and 84.5% respectively. From January to August 2012, the total property sales amounted to HK$83.3 billion and the total GFA sold reached 5.3 million square meters, representing a YOY growth of 28.6% and 35.1% respectively.

In August, the Bohai Rim Region realized the strongest property sales and GFA sold, as well as the strongest percentage growth in GFA sold – its total GFA sold amounted to 209,100 square meters, an increase of 265.6% as compared to the same period of last year; while its sales revenue amounted to HK$2.7 billion. The Northern Region realized the strongest percentage growth in property sales – its total sales revenue amounted to HK$1.5 billion, representing a YOY increase of 208.5%.

In August, the Company acquired 1 new project in Kunming with an attributable GFA of 171,484 square meters. The total land premium payable was RMB640 million. Besides, China Overseas Grand Oceans Group Ltd. (stock code: 00081.HK) acquired 1 new project in Jilin in August with an attributable GFA of 584,817 square meters. The land premium payable was RMB610 million. The Company has acquired a total new land amounting to 4.1 million square meters and the attributable portion was 3.9 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.