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Property Sales & New Land Acquisition Update November 2012 Author: China Overseas Grand Oceans Group Ltd.

For November 2012, the property sales amounted to HK$570 million and the GFA sold reached 54,600 square meters. From January to November, the total property sales amounted to HK$13.23 billion and the total GFA sold reached 990,200 square meters. The Company exceeded the revised-up sales target this year in advance.

No new land was acquired in November 2012. 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 involving 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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