Sino Land : Announcement made pursuant to Rule 13.51B(2) of the Listing Rules

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(Incorporated in Hong Kong with limited liability)

(Stock Code: 83)

This announcement is made by Sino Land Company Limited (the "Company") pursuant to Rule 13.51B(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Company was notified by Mr. Daryl Ng Win Kong ("Mr. Daryl Ng"), the Deputy Chairman of the Company, and Mr. Adrian David Li Man-kiu ("Mr. Adrian Li"), an Independent Non-Executive Director of the Company, that on 17th September, 2020, the Securities and Futures Commission (the "Commission") issued a press release in connection with enforcement action taken by the Commission against The Bank of East Asia, Limited ("BEA") in respect of regulatory breaches related to the manner in which BEA held securities in two external custodian accounts (the "Press Release").

Mr. Daryl Ng is a Non-Executive Director of BEA and Mr. Adrian Li is an Executive Director of BEA at the time of the publication of the Press Release, and each of Mr. Daryl Ng and Mr. Adrian Li has confirmed to the Company that he was not the subject of the Commission's enforcement action which, according to the Press Release, only concerns BEA, and each of them did not have any involvement in the regulatory breaches to which the enforcement action relates.

Save as disclosed in this announcement, the Company is not aware of any information on the above matter which needs to be brought to the attention of shareholders of the Company.

By Order of the Board of

Sino Land Company Limited

Fanny Cheng Siu King

Company Secretary

Hong Kong, 18th September, 2020

As at the date hereof, the Executive Directors of the Company are Mr. Robert Ng Chee Siong, Mr. Daryl Ng Win Kong, Mr. Ringo Chan Wing Kwong, Mr. Gordon Lee Ching Keung, Mr. Sunny Yeung Kwong and Mr. Thomas Tang Wing Yung, the Non-Executive Director is The Honourable Ronald Joseph Arculli, and the Independent Non-Executive Directors are Dr. Allan Zeman, Mr. Adrian David Li Man-kiu, Mr. Steven Ong Kay Eng and Mr. Wong Cho Bau.