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.

UNAUDITED OPERATING STATISTICS

The Board of Directors (the "Board") of Sino-Ocean Group Holding Limited (the "Company") is pleased to announce certain unaudited operating statistics of the Company and its subsidiaries (the "Group") for the month of December 2016 as follows:

Contracted Sales

The contracted sales of the Company, together with its subsidiaries, joint ventures and associates for December of 2016 amounted to approximately RMB4.12 billion; contracted sales GFA amounted to approximately 213,000 sq.m.; contracted average selling price was approximately RMB19,300/sq.m..

The accumulated contracted sales for the twelve months ended 31 December 2016 amounted to approximately RMB50.38 billion, representing year-on-year increase of approximately 24%; accumulated contracted sales GFA amounted to approximately 2,902,000 sq.m., representing year-on-year decrease of approximately 9%; contracted average selling price was approximately RMB17,400/sq.m., representing year-on-year increase of 37%.

The above-mentioned operating data is unaudited and is based on preliminary internal information of the Group, which may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual or half-yearly basis due to various uncertainties during the process of collating such operating information. As such, the above data is provided for reference only. Shareholders and investors are advised to exercise caution and not to place undue reliance on such information when dealing in the securities of the Company. When in doubt, shareholders and investors are advised to seek professional advice from professional or financial advisers.

Hong Kong, 9 January 2017

By order of the Board

Sino-Ocean Group Holding Limited CHUNG Kai Cheong

Company Secretary

As at the date of this announcement, the directors of the Company comprise:

Executive directors:

Mr. LI Ming Mr. LI Hu

Mr. WANG Yeyi Mr. SUM Pui Ying

Mr. WEN Haicheng Mr. LI Hongbo

Non-executive directors:

Mr. ZHAO Lijun Mr. YAO Dafeng Mr. FANG Jun

Ms. SHANGGUAN Qing

Independent non-executive directors:

Mr. TSANG Hing Lun Mr. HAN Xiaojing

Mr. WANG Zhifeng Mr. SUEN Man Tak Mr. JIN Qingjun

Sino-Ocean Land Holdings Limited published this content on 07 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2017 11:27:06 UTC.