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(Hong Kong, 6 December 2018) China Overseas Land and
Investment Limited (the “Company”; Stock Code: 0688.HK) announced that, for November
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$21.939 billion and the
corresponding gross floor area (“GFA”) sold was approximately 1,082,000 square
meters.

As at 30 November 2018, the China Overseas Series of Companies had
recorded subscribed property sales of approximately HK$37.145 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 4
land parcels in Qingdao, Guangzhou, Fuzhou with aggregate attributable gross
floor area (“GFA”) of approximately 474,758.45 square meters, of which 3 will be
developed in form of cooperation projects. The land premium payable by the
Group in respect of the relevant land acquisitions amounted to approximately
RMB3,431.96 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.