China Overseas Land & Investment : and Investment Limited Announces Property Sales Results for February 2019

(Hong Kong, 6 March 2019) China Overseas Land and Investment Limited (the 'Company'; Stock Code: 0688.HK) announced that, for February 2019, 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$21.061 billion and the corresponding gross floor area ('GFA') sold was approximately 1,105,700 square meters.

As at 28 February 2019, the China Overseas Series of Companies had recorded subscribed property sales of approximately HK$33.190 billion, which are expected to be turned into contracted property sales in the following months.

In February, the Company (together with its subsidiaries (collectively, the 'Group')) acquired 3 land parcels in Shanghai, Taiyuan and Beijing with aggregate attributable gross floor area ('GFA') of approximately 614,702.00 square meters. The land premium payable by the Group in respect of the relevant land acquisitions amounted to approximately RMB8,777.40 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.