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SPG LAND (HOLDINGS) LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 0337) ANNOUNCEMENT IN RELATION TO 2012 ANNUAL RESULT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules.
The Board wishes to inform the shareholders of the Company and potential investors that based on the preliminary results of the Group for the year ended 31 December 2012, the Group recorded a net loss as compared to a net profit for the corresponding period in 2011.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.


This announcement is made by SPG Land (Holdings) Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
Based on the preliminary results of the Group for the year ended 31 December 2012, the Group recorded a net loss as compared to a net profit for the corresponding period in 2011. The board of directors (the "Board") of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a net loss for the year ended 31 December 2012 as compared to a net profit for the corresponding period in 2011. The above change is mainly attributable to: (1) fewer properties were delivered compared with
2011; and (2) the loss was incurred to our hotel operation business.
The Board is positive on the future prospects of the Group. The lock-in sales brought forward from 31 December 2012 are approximately RMB5 billion and will be recognized as revenue in
2013 and 2014.
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As the annual results of the Group for the year ended 31 December 2012 have not yet been finalised, the information contained in this announcement is only based on the assessment by the Board in accordance with the preliminary results of the Group for the year ended 31
December 2012. The information contained in this announcement is not based on any figures or information that has been audited or reviewed by the external auditor of the Company. Shareholders and potential investors are advised to read carefully the audited consolidated annual results of the Group for the year ended 31 December 2012, which are expected to be released in March 2013.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board

SPG Land (Holdings) Limited Wang Weixian

Chairman

Hong Kong, 11 January 2013

As at the date of this announcement, the executive Directors of the Company are Mr. Wang Weixian and Ms. Wang Xuling; and the independent non-executive Directors are Mr. Cheong Ying Chew, Henry, Mr. Fong Wo, Felix, JP, Mr. Jiang Simon X. and Mr. Kwan Kai Cheong.

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