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(Hong Kong, September 12, 2016) China Overseas Development Co., Ltd. (the "company"); Share code: 00688. HK) announced that the company, together with its subsidiaries, joint ventures and associated companies (collectively referred to as "China Overseas series companies") had contracted property sales of about HK $20.652 billion in August, with a corresponding floor area of about 1185600 square meters

from January to August 2016, the cumulative contract property sales of overseas series companies in China were about HK $128.671 billion, and the corresponding cumulative floor area was about 8.0239 million square meters. On August 31, 2016, overseas Chinese series companies recorded sales of about HK $7.514 billion in subscribed properties, which are expected to be converted into contract property sales in the next few months

In August, the company and its subsidiaries (collectively referred to as "the group") acquired two plots in Jinan and Xi'an, with a total floor area of about 4239025 square meters. The land transfer fee payable by the group for land acquisition is about RMB 8062.18 million

Note: there are various uncertainties in the process of sales and investment, and the above sales and new land reserve data may differ from the figures disclosed in the periodic report, so the above data are for reference only