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(Hong Kong, February 6, 2018) China Overseas Land & Investment Limited ("Company"; stock code: 0688.HK) announced that the company, together with its subsidiaries, joint ventures and associated companies (collectively referred to as "China Overseas Corporation" ) Contracted property sales in January were approximately HK$25.826 billion, and the corresponding floor area was approximately 1,569,500 square meters.

As of January 31, 2018, the China Overseas Group of Companies recorded subscribed shopping sales of approximately HK$22.983 billion, which is expected to be converted into contract property sales in the next few months.

In January, the company (together with its subsidiaries (collectively referred to as the "Group") acquired four parcels of land in Foshan, Hangzhou, Beijing and Guangzhou. The attributable floor area ("Floor Area") totaled approximately 1,198,226.00 square meters. The land transfer fee payable by the Group for the relevant land acquisition is approximately RMB 11,326.96 million.

Note: There are various uncertainties in the sales and investment process. The above sales and new land bank data may be different from the figures disclosed in the regular report, so the above data is for reference only.