Shenzhen Investment : Announcements and Notices - Unaudited Contracted Sales Performance for February 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.

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00604)

Shenzhen Investment Limited (the "Company", together with its subsidiaries, the "Group") wishes to provide to the shareholders of the Company the attached press release on the sales performance of the Group for February 2017 (the "Press Release").

The sales data contained in the Press Release is based on the summary of internal information of the Group, which has not been audited nor reviewed by external auditor and as such, it is for investors' reference only. 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

Chairman

Hong Kong, 13 March 2017

As at the date of this announcement, the Board comprises 9 directors, of which Dr. LU Hua, Mr. HUANG Wei, Mr. MOU Yong and Mr. LIU Chong are the executive directors of the Company, Dr. WU Jiesi and Mr. LIU Shichao 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.

SZI Announces Unaudited Contracted Sales for February 2017

(13 March 2017 - Hong Kong) Shenzhen Investment Limited ("SZI" or "Group", SEHK stock code: 604.HK) announces that the Group's unaudited contracted sales for February 2017 amounted to approximately RMB 5.46 billion, representing a significantly increase by approximately 5 times MoM and approximately 16.6 times YoY. The contracted sales area was approximately 144,840 sq.m., up by approximately 1.5 times MoM and by approximately 2.8 times YoY. The significant growth in contracted sales for the month was due to the block sale of the office tower and apartment of our Tanglang project with a contracted sales amount of RMB 5 billion recorded during the period. For the first two months of this year, the Group recorded total contracted sales of approximately RMB 6.377 billion, representing a remarkable increase by approximately 3.6 times YoY, and the total contracted sales area was approximately 203,371 sq.m., up 90% YoY. The average selling price was approximately RMB 31,356 per sq.m..

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