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(Hong Kong, 17 February 2016) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 00081.HK) announced that, for January 2016, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$1,053 million and the contracted gross floor area (“GFA”) reached 112,200 square meters.

As at the end of January 2016, the property subscription sales amounted to HK$893 million and the subscription GFA reached 60,500 square meters.

No new land was acquired in January 2016.

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.