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

(8 November 2012) China Overseas Grand Oceans Group Ltd. (“COGOGL” or the “Company”, Stock Code: 00081) announced that the property sales in October amounted to HK$858 million and the GFA sold reached 85,000 square meters. From January to October 2012, the total property sales amounted to HK$12.7 billion and the total GFA sold reached 935,600 square meters.

In October, the Company acquired 1 new project in Nantong with an attributable GFA of 762,437 square meters. The land premium payable was RMB868.6 million. The Company has acquired a total new land amounting to 3.1 million square meters and the attributable portion was 2.8 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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