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China Overseas Land and Investment Limited Announces Property Sales Results for April 2018 Author:China Overseas Land and Investment Ltd.

(Hong Kong, 7 May 2018) China Overseas Land and Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for April 2018, 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$20.154 billion and the corresponding gross floor area (“GFA”) sold was approximately 1,097,000 square meters.

As at 30 April 2018, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$33.151 billion, which are expected to be turned into contracted property sales in the following months.

In April, the Company (together with its subsidiaries (collectively, the “Group”)) acquired 2 land parcels in Beijing and Kunming with aggregate attributable gross floor area (“GFA”) of approximately 626,423.59 square meters, of which 1 will be developed in form of cooperation project. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB3,333.86 million.

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