Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2868) DISCLOSEABLE AND CONTINUING CONNECTED TRANSACTIONS RELATING TO THE SUPPLEMENTAL AGREEMENT DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Beijing Capital Land Ltd. (the "Company") dated 20 February 2017 (the "Announcement") in relation to the Supplemental Agreement entered into between the Company, Capital Securities and the Custodian Bank. Unless otherwise specified, capitalised terms used herein shall have the same meanings as defined in the Announcement.

Grand Harbour Corporate Finance Limited has been appointed as the independent financial adviser to advise the Independent Board Committee and the Independent Shareholders on the Supplemental Agreement and its proposed Annual Caps.

As disclosed in the Announcement, a circular (the "Circular") containing, among other things: (i) further details of the Supplemental Agreement; (ii) a letter of recommendation from the Independent Board Committee; (iii) a letter of advice from the independent financial adviser appointed by the Company; and (iv) a notice of the EGM, is expected to be despatched to the Shareholders on or before 13 March 2017.

As further time is required for the Company to prepare and finalize certain information to be included in the Circular, including, among others, a letter of advice from the independent financial adviser appointed by the Company, the Company expects that the despatch of the Circular will be delayed to a date on or before 13 April 2017.

Hong Kong, 13 March 2017

By Order of the Board

Beijing Capital Land Ltd. Lee Sze Wai

Company Secretary

The Board as of the date of this announcement comprises Mr. Li Songping (Chairman) who is the non-executive Director, Mr. Tang Jun (President) who is the executive Director, Ms. Sun Baojie, Mr. Sun Shaolin, Mr. Su Jian and Mr. Yang Weibin who are the non-executive Directors, and Mr. Wang Hong, Mr. Li Wang and Mr. Wong Yik Chung, John who are the independent non-executive Directors.

Beijing Capital Land Limited published this content on 13 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 March 2017 11:58:07 UTC.

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