APPENDIX 8A

For Main Board and GEM listed issuers

Monthly Return of Equity Issuer on Movements in Securities For the month ended (dd/mm/yyyy) : 31/12/2014

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer

Dowell Property Holdings Limited

Date Submitted

31 December 2014

I. Movements in Authorised Share Capital

1. Ordinary Shares

(1) Stock code : 668 Description : Ordinary Shares

No. of ordinary shares

Balance at close of preceding month 5,000,000,000

Par value (State currency)

HK$

0.10 each

Authorised share capital

(State currency)

HK$

500,000,000 Increase/(decrease) N/A N/A N/A Balance at close of the month 5,000,000,000 0.10 each 500,000,000

(2) Stock code : Description :

No. of ordinary shares

Par value (State currency)

Authorised share capital

(State currency)

Balance at close of preceding month

Increase/(decrease) N/A

Balance at close of the month

2. Preference Shares

For Main Board and GEM listed issuers

Stock code : Description :

No. of preference shares

Par value (State currency)

Authorised share capital

(State currency)

Balance at close of preceding month

Increase/(decrease)

N/A

Balance at close of the month

3. Other Classes of Shares

Stock code : Description :

No. of other classes of shares

Par value (State currency)

Authorised share capital

(State currency)

Balance at close of preceding month

Increase/(decrease) N/A

Balance at close of the month

Total authorised share capital at the end of the month (State

currency) : HK$500,000,000

II. Movements in Issued Share Capital

For Main Board and GEM listed issuers

No. of ordinary shares No of preference

No. of other classes

(1) (2)

shares

of shares

Balance at close of

preceding month 1,274,038,550 N/A N/A N/A

Increase/(decrease)

during the month N/A N/A N/A N/A

Balance at close of the

month 1,274,038,550 N/A N/A N/A

III. Details of Movements in Issued Share Capital



Share Options (under Share Option Schemes of the Issuer)

Particulars of share No. of new shares of No. of new shares of

option scheme issuer issued during issuer which may be including EGM approval the month pursuant issued pursuant thereto

date Movement during the month thereto as at close of the month

(dd/mm/yyyy) and class

of shares issuable Granted Exercised Cancelled Lapsed

1. Exercise Price:

HK$1.638

Share Option Scheme adopted at AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

2. Exercise Price: HK$1.628

Share Option

Scheme adopted at

AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

3.

( / / )

shares N/A N/A N/A N/A N/A

(Note 1)

Total A. (Ordinary shares) Nil (Preference shares) N/A (Other class) N/A

Total funds raised during the month from exercise of options

(State currency) Nil

8,700,000

1. Exercise Price:

HK$1.638

Share Option Scheme adopted at AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

2. Exercise Price: HK$1.628

Share Option

Scheme adopted at

AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

3.

( / / )

shares N/A N/A N/A N/A N/A

(Note 1)

Total A. (Ordinary shares) Nil (Preference shares) N/A (Other class) N/A

Total funds raised during the month from exercise of options

(State currency) Nil

(Remarks 1.)

2,100,000

1. Exercise Price:

HK$1.638

Share Option Scheme adopted at AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

2. Exercise Price: HK$1.628

Share Option

Scheme adopted at

AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

3.

( / / )

shares N/A N/A N/A N/A N/A

(Note 1)

Total A. (Ordinary shares) Nil (Preference shares) N/A (Other class) N/A

Total funds raised during the month from exercise of options

(State currency) Nil

(Remarks 2.)

N/A

1. Exercise Price:

HK$1.638

Share Option Scheme adopted at AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

2. Exercise Price: HK$1.628

Share Option

Scheme adopted at

AGM

Approval date

( 11/ 9/ 2008 )

Ordinary shares Nil Nil Nil Nil Nil

(Note 1)

3.

( / / )

shares N/A N/A N/A N/A N/A

(Note 1)

Total A. (Ordinary shares) Nil (Preference shares) N/A (Other class) N/A

Total funds raised during the month from exercise of options

(State currency) Nil

Warrants to Issue Shares of the Issuer which are to be Listed
For Main Board and GEM listed issuers
Currency of Nominal value at
Exercised
Nominal value
No. of new shares of issuer issued during the month pursuant thereto
No. of new shares of issuer which may be issued pursuant thereto as at close of the

Description of warrants
(Date of expiry - dd/mm/yyyy)

1.

nominal value
close of preceding month
during the month
at close of the month
month
( / / )
Stock code (if listed) Class of shares
issuable (Note 1)
Subscription price EGM approval date (if applicable)
(dd/mm/yyyy) ( / / )
2.
( / / )
Stock code (if listed) Class of shares issuable (Note 1) Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3.

N/A

( / / )
Stock code (if listed) Class of shares issuable (Note 1) Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4.
( / / )
Stock code (if listed) Class of shares
issuable (Note 1)
Subscription price EGM approval date (if applicable)
(dd/mm/yyyy) ( / / )
Total B. (Ordinary shares) (Preference shares) (Other class)
Convertibles (i.e. Convertible into Shares of the Issuer which are to be Listed)
For Main Board and GEM listed issuers
Class and description

1.

Currency of amount outstanding
Amount at close of preceding month
Converted during the month
Amount at close of the month
No. of new shares of issuer issued during the month pursuant thereto
No. of new shares of issuer which may be issued pursuant thereto as at close of the month
Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable) (dd/mm/yyyy))
2.
( / / )
Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable)
(dd/mm/yyyy) ( / / ) N/A
3.
Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable)
(dd/mm/yyyy) ( / / )
4.

Stock code (if listed) Class of shares issuable (Note 1) Subscription price EGM approval date (if applicable)
(dd/mm/yyyy) ( / / )
Total C. (Ordinary shares) (Preference shares) (Other class)
For Main Board and GEM listed issuers

Any other Agreements or Arrangements to Issue Shares of the Issuer which are to be Listed, including Options (other than under Share Option Schemes)
Full particulars including EGM approval date (dd/mm/yyyy), if applicable, and class of shares issuable:
1.
No. of new shares of issuer issued during the month pursuant thereto
No. of new shares of issuer which may be issued pursuant thereto as at close of the month
( / / )
shares (Note 1)
2.
N/A
( / / )
shares (Note 1)
N/A
3.
( / / )
shares (Note 1)
Total D. (Ordinary shares) (Preference shares) (Other class)
For Main Board and GEM listed issuers
Other Movements in Issued Share Capital

No. of new No. of new

shares of issuer shares of issued during the issuer which month pursuant may be

thereto issued

pursuant thereto as at close of the

Type of Issue month

Class of shares issuable N/A

(Note 1)

1. Rights issue At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

1. Rights issue At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares issuable N/A

(Note 1)

2. Open offer At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

2. Open offer At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares issuable N/A

(Note 1)

3. Placing At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

3. Placing At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares issuable N/A

(Note 1)

4. Bonus issue Issue and allotment ( / / )

date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

4. Bonus issue Issue and allotment ( / / )

date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A


For Main Board and GEM listed issuers

No. of new No. of new

shares of issuer shares of

issued during the issuer which

month pursuant may be thereto issued pursuant

thereto as at

close of the

Type of Issue month

N/A Class of shares issuable (Note 1)

5. Scrip dividend At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

N/A Class of shares issuable (Note 1)

5. Scrip dividend At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares N/A

repurchased (Note 1)

6. Repurchase of Cancellation date : ( / / )

shares (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares N/A

repurchased (Note 1)

6. Repurchase of Cancellation date : ( / / )

shares (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares N/A

redeemed (Note 1)

7. Redemption of Redemption date : ( / / )

shares (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares N/A

redeemed (Note 1)

7. Redemption of Redemption date : ( / / )

shares (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares issuable N/A

(Note 1)

8. Consideration issue At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

8. Consideration issue At price : State N/A Issue and allotment ( / / )

currency date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A



For Main Board and GEM listed issuers

No. of new No. of new

shares of issuer shares of

issued during the issuer which

month pursuant may be thereto issued pursuant

thereto as at

close of the

Type of Issue month

Class of shares issuable N/A

(Note 1)

9. Capital Issue and allotment ( / / )

reorganisation date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

N/A

Class of shares issuable N/A

(Note 1)

9. Capital Issue and allotment ( / / )

reorganisation date : (dd/mm/yyyy)

EGM approval date: ( / / ) (dd/mm/yyyy)

N/A

Class of shares issuable N/A

(Note 1)

10. Other

(Please specify) At price : State N/A Issue and allotment ( / / )

currency

date : (dd/mm/yyyy)

EGM approval date: ( / / )

(dd/mm/yyyy) N/A

N/A

Class of shares issuable N/A

(Note 1)

10. Other

(Please specify) At price : State N/A Issue and allotment ( / / )

currency

date : (dd/mm/yyyy)

EGM approval date: ( / / )

(dd/mm/yyyy) N/A

Total E. (Ordinary shares)

(Preference shares)

(Other class)

Total increase in ordinary shares during the month (i.e. Total of A to E): (1) (2)

Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):

Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):

(These figures should be the same as the relevant figures under II above ("Movements in Issued Sh

-

Total increase in ordinary shares during the month (i.e. Total of A to E): (1) (2)

Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):

Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):

(These figures should be the same as the relevant figures under II above ("Movements in Issued Sh

N/A

Total increase in ordinary shares during the month (i.e. Total of A to E): (1) (2)

Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):

Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):

(These figures should be the same as the relevant figures under II above ("Movements in Issued Sh

N/A

Total increase in ordinary shares during the month (i.e. Total of A to E): (1) (2)

Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):

Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):

(These figures should be the same as the relevant figures under II above ("Movements in Issued Sh

N/A

Total increase in ordinary shares during the month (i.e. Total of A to E): (1) (2)

Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):

Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):

(These figures should be the same as the relevant figures under II above ("Movements in Issued Sh

are Capital").)

For Main Board and GEM listed issuers

Remarks (if any):

1.The Options have a term of ten years commencing from 15 October 2010 and have vested

(if applicable) and become exercisable in three tranches in the proportion of approximately 331/3%,

331/3% and 331/3% on 15 October 2010, 15 October 2011 and 15 October 2012 respectively.



2. The Options have a term of ten years commencing from 2 December 2010 and have vested ( i f applicable) and become exercisable in three tranches in the proportion of approximately 331/ 3%,

331/ 3% and 331/ 3% on 2 December 2010, 2 December 2011 and 2 December 2012 respectively.



Submitted by: Chen Yang

Title: Authorized Representative

(Director, Secretary or other duly authorised officer)

Notes :

1. State the class of shares (e.g. ordinary, preference or other).

2. If there is insufficient space, please append the prescribed continuation sheet.

distributed by