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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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 604)

VOLUNTARY ANNOUNCEMENT ON UNAUDITED CONTRACTED SALES PERFORMANCE

Shenzhen Investment Limited (the "Company", together with its subsidiaries, the "Group") wishes to provide to the shareholders of the Company the attached press release of the sales performance of the Group for the period ended 31 May 2015.

This is a voluntary announcement made by the Company and the financial information set out in this announcement has not been audited nor reviewed by external auditor. Shareholders of the Company and potential investors are advised to exercise due care when dealing in the shares of the Company.

By Order of the Board SHENZHEN INVESTMENT LIMITED LU Hua

Chairman

Hong Kong, 3 June 2015

As at the date of this announcement, the Board comprises 9 directors, of which Mr. LU Hua, Mr. GAO Shengyuan, Mr. MOU Yong and Mr. LIU Chong are the executive directors of the Company, Dr. WU Jiesi and Mr. HUANG Yige are the non-executive directors of the Company and Mr. LI Wai Keung, Mr. WU Wai Chung, Michael and Dr. WONG Yau Kar David are the independent non-executive directors of the Company.

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[For immediate release]

SZI Announces Unaudited Contracted Sales for May 2015

Satisfactory Sales in May

(3 June, 2015 - Hong Kong) Shenzhen Investment Limited ("SZI" or the "Group", SEHK stock code: 604.HK) announces that the Group's unaudited contracted sales for May 2015 amounted to approximately RMB2.22 billion, up 159% MoM and up 269% YoY, with contracted sales area of approximately 143,008 sq.m. in terms of gross floor areas ("GFA"), up 89% MoM, up 136% YoY. For the first five months of 2015, the Group recorded a total contracted sales of RMB4.36 billion, and 339,075 sq.m. in terms of GFA. The average selling price was about RMB12,852 per sq.m..
The sales performance of our Shenzhen projects - UpperHills and Tanglang City was very promising. The contracted sales of UpperHills was approximately RMB770 million in May, up 11 times YoY, up 112% MoM, whereas the hot sale of Tanglang City at launch recorded contracted sales of approximately RMB620 million in May. The subscription amount of these two projects (with deposit payment) reflects the extent of the satisfactory sales. 116 units of UpperHills were subscribed in May with a subscription amount of approximately RMB1.9 billion and 346 units of Tanglang City were subscribed in May with a subscription amount of approximately RMB1.6 billion.
In addition, the property sales of the Group's projects in the third- and fourth-tier cities in Eastern China region have been recovered significantly. For Maanshan Shumyip Project, 129 units were subscribed and 173 units were contracted in May, with contracted sales amounted to approximately RMB87.81 million, up 730% MoM; and for the sales launch of the second phase of Changzhou Shumyip Project was very satisfactory, 105 units were subscribed, with a subscription amount of approximately RMB66.53 million.
The Group has achieved properties subscription amount of approximately RMB7.2 billion for the five months ended 31 May 2015, representing over 65% of our sales target for the year. Given the overwhelming hot sales of the Group's properties in Shenzhen as well as the sales recovery in third- and fourth-tier cities in Eastern China, we are very confident in achieving our 2015 contracted sales target of RMB11 billion.

Key projects of the Group include UpperHills, Guangzhou Jiangyue Bay, and Tanglang City etc.

For enquiry, please contact:

Shenzhen Investment Limited

Nicole Zhou

Tel: (852) 2312 8746

Email: zhouq@shumyip.com.hk

Financial PR (HK) Ltd.

Dawn Lee

Tel: (852) 2610 0846

Fax: (852) 2610 0842

Email: dawnlee@financialpr.hk

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