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(Hong Kong, November 9, 2016) China Overseas Development Co., Ltd. (the "company"); Share code: 00688. HK) announced that the company, together with its subsidiaries, joint ventures and associated companies (collectively referred to as "China Overseas series companies") had contracted property sales of about HK $24.531 billion in October, with a corresponding floor area of about 1487300 square meters

From January to October 2016, the cumulative contract property sales of overseas Chinese companies were about HK $195.993 billion, and the corresponding cumulative floor area was about 11.8879 million square meters. As at October 31, 2016, overseas China Series companies recorded sales of about HK $7122 million in properties they have subscribed for, which is expected to be converted into contract property sales in the next few months

In October, the company and its subsidiaries (collectively referred to as "the group") did not increase land reserves

Note: there are various uncertainties in the process of sales and investment. The above sales and new land reserve data may differ from the figures disclosed in the periodic report. Therefore, the above data are for reference only