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(Hong Kong, 12 May 2016) China Overseas Grand Oceans Group Limited (the “Company”; Stock Code: 00081.HK) announced that, for April 2016, the contracted property sales of the Company and its subsidiaries (the “Group”) amounted to HK$1,770 million and the contracted gross floor area (“GFA”) reached 205,000 square meters.

As at the end of April 2016, the property subscription sales amounted to HK$991 million and the subscription GFA reached 82,200 square meters.

No new land was acquired in April 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.