Future Land Development Holdings Limited (SEHK:1030) acquired 38,365.5 square metres parcel of land in Jiading District of Shanghai for approximately CNY 500 million in December 2012. The consideration of CNY 247.5 million has been paid and remaining balance will be settled in the second quarter of 2013.

Future Land Development Holdings Limited (SEHK:1030) completed the acquisition of 38,365.5 square metres parcel of land in Jiading District of Shanghai in December 2012.