Beijing Capital Land : SALES PERFORMANCE FOR THE ELEVEN MONTHS ENDED 30 NOVEMBER 2016

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)

Beijing Capital Land Ltd. (the "Company", together with its subsidiaries, the "Group") wishes to provide to its shareholders the attached newsletter on property sales performance which contains certain operating data of the Group for the eleven months ended 30 November 2016 (the "Sales Performance"). The Sales Performance is also available on the website of the Company (www.bjcapitalland.com.cn). The Sales Performance has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditor, and as such the data is for investors' reference only. The Sales Performance is not an offer or solicitation for the purchase or sale of any securities or financial instruments or to provide any investment service or investment advice.

By Order of the Board

Beijing Capital Land Ltd.

Lee Sze Wai

Company Secretary

Hong Kong, 5 December 2016

The Board as of the date of this announcement comprises Mr. Li Songping (Chairman) who is 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.

Share Price………….……..HK$2.98 52-week range HK$2.53 - HK$3.62 FY15 P/E (Trailing)…...… 3.33 times FY16 P/E (Forward) …… 5.40 times Market Capitalization...HK$9.023bn

*Source: Bloomberg, as of 5/12/2016

Beijing Capital Land Ltd. ("BCL", stock code: 2868.HK) is one of the leading integrated property developers in China. Aspiring to be "the Most Valuable Comprehensive Property Developer" in China, the Company focuses on the following core business lines: Residential Property, Integrated Outlets, Urban Core Complex and Primary Land Development. The Company differentiates itself from its peers through its fully integrated

In November 2016, BCL achieved a total contracted sales area of 226,000 sq.m., while the corresponding contracted sales amounted to approximately RMB5.3 billion, representing an increase of 30.6% over the same period last year. As at the end of November 2016, BCL's cumulative contracted sales area amounted to approximately 1.946 million sq.m. and cumulative contracted sales amounted to approximately RMB38.96 billion, representing an increase of 55.4% over the same period last year. The average selling price in the first eleven months of 2016 was RMB20,000/sq.m., representing an increase of 74.5% over the same period last year. As at the end of November 2016, BCL has achieved its annual sales target of RMB38 billion, while the cumulative subscription sales awaiting signing of official sales contracts amounted to RMB4.89 billion.

Annex: Sales Breakdown for November 2016

operations and the seamless

Jan-Nov 2015

38,960

Chongqing

Wanning

Sydney,

coordination among all business lines,

Jan-Nov 2016

Xi'an 2%Huzhou1%

Australia

which helps to increase competitiveness.

The Company focuses on five core cities: Beijing, Shanghai, Tianjin, Chongqing and Chengdu. The Company is committed to its strategy of "maximizing scale, accelerating turnover, destocking and optimizing business structure" and focuses on high turnover and home-

2,185

1,946

25,070

1%

Shenyang 1%

Chengdu

6%

Shanghai

13%

1%

Kunshan12% Brisbane,2%Australia

3%

buyer oriented products. Beijing Capital Group, one of Beijing's largest enterprises and under the direct

Contracted Sales Area Contracted Sales Amount

Tianjin

22%

Beijing

36%

supervision of the Beijing Municipal

Government, is the parent company of

BCL.

('000 sq. m.)

(RMB million)

Breakdown of Contracted Sales Amount for Jan-Nov 2016

Bryan Feng

Beijing Capital Land

General Manager (HK Headquarters) Head of Investor Relations

Tel: +852 2869 3288

+86 10 6652 3240

Email:ir@bjcapitalland.com.cn

Christensen China Limited Tel: +852 2117 0861

Fax: +852 2117 0869

Email:bjcapitalland@christensenir.com

In November, the Company successfully submitted its A-share listing application to the China Securities Regulatory Commission (CSRC), which has been officially accepted by CSRC. The application draft of the A-share prospectus has been pre-disclosed on CSRC's website. The Company will continue efforts to accelerate its A-share initial public offer (IPO) process, update application documents and respond to feedback in a timely manner while in the queue for the regulator's IPO procedure. The proposed A-share IPO is expected to optimize the Company's capital structure, and sharpen its competitiveness.

On 25 November, Capital Juda (stock code: 1329.HK), a subsidiary of BCL, announced that SINO- Ocean, a well-known Chinese property developer, and KKR, a global investment firm, will jointly invest in Capital Juda. Sino-Ocean and KKR have agreed to subscribe for Capital Juda's new common shares and perpetual convertible bond securities for a total consideration of approximately HKD1,477 million. With rich industry experience and extensive resource advantages, these two investors are expected to help further expand and grow Capital Juda's outlets business.

Due to uncertainties incurred in the calculation of the sales figures, discrepancies may exist between the information disclosed above and the periodic reports. Therefore, investors are advised to treat the information disclosed in this letter as periodic references only.