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China Overseas Land and Investment Limited Announces Property Sales Results for August 2016 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 12 September 2016) China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) announced that, for August 2016, the contracted property sales of the Company, together with its subsidiaries, joint ventures and associates (collectively the “China Overseas Series of Companies”) amounted to approximately HK$20.652 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,185,600 square meters.

From January to August 2016, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$128.671 billion and the accumulated corresponding GFA sold was approximately 8,023,900 square meters. As at 31 August 2016, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$7.514 billion, which are expected to be turned into contracted property sales in the following months.

In August, the Company together with its subsidiaries (collectively the “Group”) acquired two new land parcels in Jinan and Xi’an with aggregate attributable gross floor area of approximately 4,239,025 square meters. The land premium payable by the Group in respect of the relevant land acquisition amounted to approximately RMB8,062.18 million.

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

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