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

(Hong Kong, 12 December 2016) China Overseas Land and Investment Limited (the “Company”; Stock Code: 00688.HK) announced that, for November 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$10.758 billion and the corresponding gross floor area (“GFA”) sold was approximately 880,100 square meters.

From January to November 2016, the accumulated contracted property sales of the China Overseas Series of Companies amounted to approximately HK$206.752 billion and the accumulated corresponding GFA sold was approximately 12,768,000 square meters. As at 30 November 2016, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$12.062 billion, which are expected to be turned into contracted property sales in the following months.

In November, the Company together with its subsidiaries (collectively the “Group”) acquired two new land parcels in Changchun and Fuzhou with aggregate attributable gross floor area of approximately 403,902 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB2,506.53 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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