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China Overseas Grand Oceans Group Ltd. Announces Property Sales Results for August 2012 Author: China Overseas Grand Oceans Group Ltd.

(10 September 2012) China Overseas Grand Oceans Group Ltd. (“COGOGL” or the “Company”, Stock Code: 00081) announced that the property sales in August amounted to HK$1,058 million and the GFA sold reached 103,700 square meters. From January to August 2012, the total property sales amounted to HK$10.2 billion and the total GFA sold reached 695,700 square meters.

In August, the Company acquired 1 new project in Jilin with an attributable GFA of 584,817 square meters. The land premium payable was RMB610 million. The Company has acquired a total new land amounting to 2.3 million square meters and the attributable portion was 2.1 million square meters so far this year.

Note:In view of the uncertainties involved in investment and sales process, there may exist discrepancies between the above figures and those disclosed in our regular reports. As such, the above is only for reference purpose.

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