Beijing Capital Land : SALES PERFORMANCE FOR THE FIVE MONTHS ENDED 31 MAY 2017

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 five months ended 31 May 2017 (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 June 2017

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$3.67 52-week range HK$2.53 - HK$4.02 FY16 P/E (Trailing)…...… 4.79 times FY17 P/E (Forward) …… 5.72 times Market Capitalization...HK$10.208bn

*Source: Bloomberg, as of 5/6/2017

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 operations and the seamless coordination among all business lines,

In May 2017, BCL achieved a total contracted sales area of 184,000 sq.m., while corresponding contracted sales amounted to approximately RMB4.21 billion, representing an increase of 34.0% over the same period last year. As at the end of May 2017, BCL's cumulative contracted sales area amounted to approximately 840,000 sq.m., representing an increase of 28.5% over the same period last year. The cumulative contracted sales amounted to approximately RMB18.91 billion, representing an increase of 78.2% over the same period last year. The average selling price in 2017 was RMB23,000/sq.m., representing an increase of 38.7% over the same period last year. Concurrently, as at the end of May 2017, cumulative subscription sales awaiting signing of official sales contracts amounted to RMB2.01 billion.

Annex: Sales Breakdown for May 2017

which helps to increase competitiveness.

The Company focuses on five core cities:

Chongqing

Wanning

Beijing, Shanghai, Tianjin, Chongqing

18,910

3% Huzhou3%

Sydney,

and Chengdu. The Company is committed to its strategy of "achieving quality growth" and focuses on products for homeowners looking to upgrade as well as high turnover and home-buyer oriented products. Beijing Capital Group, one of Beijing's largest state-owned enterprises and under the direct supervision of the Beijing State-owned

Jan-May 16

Jan-May 17

653

840

10,610

Shenyang 2%

3%

Chengdu

8%

Shanghai 5%

Tianjin

18%

Kunshan

1%

Australia

13%

Beijing 44%

Assets Supervision and Administration

Contracted Sales Area Contracted Sales Amount

Commission, is the parent company of BCL.

('000 sq. m.)

(RMB million)

Breakdown of Contracted Sales Amount

for Jan-May 2017

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 May, BCL announced that it will develop Project MAX together with two leading developers in Australia, namely Dyldam Group and Arden Group. Project MAX is comprised of three subprojects in Sydney and one in Brisbane, all of which are located in the core regions, in particular the key master- planned areas by the government. They are all adjacent to train stations and a number of highways, and feature an extensive transportation network and well-established living facilities. Project MAX has an aggregate GFA of 104,000 sq.m., and it is expected to increase BCL's brand awareness in Australia.

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.