[TodayIR] CHINA OVERSEAS: China Overseas Land and Investment Ltd

  [TodayIR] CHINA OVERSEAS: China Overseas Land and Investment Ltd Announces
                   Property Sales Results for February 2014

(10 March 2014) China Overseas Land and Investment Ltd (the “Company”; stock
code: 00688.HK) announced that, for February 2014, the contracted property
sales of the Company, together with its subsidiaries, jointly controlled
entities and associated companies (collectively, the “China Overseas Series of
Companies”) amounted to approximately HK$9.076 billion and the corresponding
gross floor area (“GFA”) sold was approximately 571,400 square meters.

From January to February 2014, the accumulated contracted property sales of
the China Overseas Series of Companies amounted to approximately HK$24.32
billion and the accumulated corresponding GFA sold was approximately 1,365,400
square meters.

In addition, as at 28 February 2014, the China Overseas Series of Companies
had recorded subscribed property sales of approximately HK$7.791 billion,
which are expected to be turned into contracted property sales in the
following months.

For February 2014, the Company, together with its subsidiaries (collectively,
the “Group”) acquired 4 new land parcels in Qingdao (Shandong Province),
Zhengzhou (Henan Province), Guangzhou (Guangdong Province) and Harbin
(Heilongjiang Province) with the aggregate attributable GFA of approximately
3,042,096 square meters. The land premium payable by the Group in respect of
such new land acquired amounted to approximately RMB12,986.38 million.

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.
 
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