Beijing Capital Land : SALES PERFORMANCE FOR THE ONE MONTH ENDED 31 JANUARY 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 one month ended 31 January 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, 7 February 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$3.08 52-week range HK$2.54 - HK$3.56 FY15 P/E (Trailing)…...… 3.44 times FY16 P/E (Forward) …… 5.58 times Market Capitalization...HK$9.326bn

*Source: Bloomberg, as of 7/2/2017

In January 2017, BCL achieved a total contracted sales area of 181,000 sq.m., representing an increase of 158.3% over the same period last year, while the corresponding contracted sales amounted to approximately RMB6.29 billion, representing an increase of 576.7% over the same period last year. The average selling price in January was RMB35,000/sq.m., representing an increase of 162.0% over the same period last year. As at the end of January 2017, the cumulative subscription sales awaiting signing of official sales contracts amounted to RMB1.56 billion.

Annex: Sales Breakdown for January 2017

Contracted Sales Area

Contracted Sales Amount

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

(' 000 sq.m.) ( RMB million)

Core Projects120 5,250

operations and the seamless coordination among all business lines, 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- buyer oriented products. Beijing Capital

Jan-16 Jan-17

70

181

930

6,290

Tianjin 7%

Beijing 84%

Shanghai 3%

Chengdu

3%

Chongqing 3%

Group, one of Beijing's largest

Contracted Sales Area Contracted Sales Amount

enterprises and under the direct supervision of the Beijing Municipal Government, is the parent company of

('000 sq. m.)

(RMB million)

Breakdown of Contracted Sales Amount

for Jan 2017

BCL.

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

In January, a wholly-owned offshore subsidiary of BCL successfully established a USD1 billion guaranteed medium term note (MTN) and perpetual securities programme and completed the initial drawdown of USD400 million of 3.875% senior notes from the programme. The notes have the benefit of a keepwell deed and liquidity support from Beijing Capital Group, and have an investment grade credit rating of BBB from Fitch Ratings. The issuance successfully attracted leading international institutional investors including BlackRock and Goldman Sachs, and was oversubscribed more than 6 times. Its offer rate was substantially lowered by 32.5bps compared to the initial price guidance, which pushed the spread to a record wide level in the market compared to similar offerings.

Christensen China Limited Tel: +852 2117 0861

Fax: +852 2117 0869

Email:bjcapitalland@christensenir.com

In January, BCL jointly acquired the Han Village Project in Jinhaihu Town, Pinggu District, Beijing. Located in the core function area of the World Leisure Congress, the project is equipped with great amenities and has good access to the Metro Pinggu Line and a number of truck roads. It also features scenic views as it is adjacent to the Jinhaihu tourism area. The project has a planned above-ground GFA of 153,000 sq.m.

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.