Shenzhen Investment : Unaudited Contracted Sales Performance for April 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 April 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.

By Order of the Board

Chairman

Hong Kong, 12 May 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 April 2017

(12 May 2017 - Hong Kong) Shenzhen Investment Limited ("SZI" or "Group", SEHK stock code: 604.HK) announces the Group's unaudited contracted sales for April 2017. The contracted sales for April amounted to approximately RMB 770 million, representing an increase of approximately 57.1% MoM and a decrease of approximately 75.6% YoY. The contracted sales area was approximately 62,563 sq.m., down approximately 4.9% MoM and approximately 46.2% YoY. The sales of the Group's projects in the third- and fourth-tier cities were picking up under the impact of the de-stocking policy. The contracted sales for the month were primarily from Maanshan Shumyip Huafu and Changzhou Shumyip Huafu projects. For the first four months of this year, the Group recorded a total contracted sales of approximately RMB 7.63 billion, representing a decrease of approximately 8.7% YoY, and the total contracted sales area was approximately 331,712 sq.m., down 11.5% YoY. The average selling price was approximately RMB 23,012 per sq.m.. We believe that contracted sales will pick up with the progressive launching of new projects.

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For enquiry, please contact:

Nicole Zhou

Tel: (852) 2312 8746

Email: zhouq@shumyip.com.hk

Dawn Lee

Tel: (852) 2610 0846

Fax: (852) 2610 0842

Email: dawnlee@financialpr.hk