Guoco Group : Announcement - Announcement of Unaudited Financial Results for the Second Quarter and Half Year Ended 31 December 2011 of Subsidiary - GuocoLand Limited

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.

ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 31 DECEMBER 2011 OF SUBSIDIARY - GUOCOLAND LIMITED THIS IS NOT THE ANNOUNCEMENT OF THE FINANCIAL RESULTS OF GUOCO GROUP LIMITED ("GUOCO"). THIS ANNOUNCEMENT IS MADE BY GUOCO PURSUANT TO RULE 13.09 OF THE LISTING RULES TO PROVIDE SHAREHOLDERS OF GUOCO WITH FINANCIAL INFORMATION ON A LISTED SUBSIDIARY OF GUOCO, GUOCOLAND LIMITED, WHICH HAS ANNOUNCED ON 20 JANUARY 2012 ITS UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER AND HALF YEAR ENDED 31 DECEMBER 2011.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of
Hong Kong Limited.
GuocoLand, a subsidiary of Guoco and listed on the SGX-ST, has announced on 20 January 2012 the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2011.
GuocoLand Limited ("GuocoLand"), a subsidiary of Guoco and listed on Singapore Exchange Securities Trading Limited ("SGX- ST"), has announced on 20 January 2012 the unaudited financial results of GuocoLand and its subsidiaries ("GuocoLand Group") for the second quarter and half year ended 31 December 2011. The summary of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2011 together with the comparative figures of the previous corresponding financial periods are provided below:

GuocoLand Limited Summary of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2011

(Note: The expressions "Company" and "$" mean "GuocoLand" and "Singapore dollars" respectively.)

	Second quarter ended 31/12/2011		Second quarter ended 31/12/2010		Half year ended 31/12/2011		Half year ended 31/12/2010
	$'000		$'000 (Restated)		$'000		$'000 (Restated)
Revenue	145,762		257,683		254,302		498,681
Cost of sales	(114,031)		(184,391)		(199,269)		(355,023)
Gross profit	31,731		73,292		55,033		143,658
Profit before income tax	15,046		59,333		4,673		115,643
Income tax expense	(1,973)		(18,646)		(5,341)		(33,883)
Profit/(Loss) for the period	13,073		40,687		(668)		81,760
Attributable to:
Owners of the Company	12,855		39,324		36		80,216
Non-controlling interests	218		1,363		(704)		1,544
Profit/(Loss) for the period	13,073		40,687		(668)		81,760

Dividend

No ordinary dividend has been declared for the second quarter and half year ended 31 December 2011.
Remarks: Details of the unaudited financial results of the GuocoLand Group for the second quarter and half year ended 31 December 2011 are accessible at SGX-ST's website: http://www.sgx.com and also posted by Guoco as an overseas regulatory announcement on its website: http://www.guoco.com.

As at the date of this announcement, the board of directors of Guoco comprises Mr. Quek Leng Chan as Executive Chairman; Mr. Kwek Leng Hai as President, CEO; Mr. Tan Lim Heng and Mr. Ding Wai Chuen as executive directors; Mr. Kwek Leng San as non-executive director and Mr. Sat Pal Khattar, Mr. Volker Stoeckel and Mr. Roderic N. A. Sage as independent non -executive directors.

Hong Kong, 20 January 2012
By Order of the Board

Stella Lo Sze Man

Company Secretary