Future Land Development Holdings Limited (SEHK:1030) acquired 48,569.2 square meters parcel of land in Jiading District for approximately CNY 760 million in cash in December 2012. Future Land Development paid CNY 379 million by completion and will pay the remaining balance will be settled in the second quarter of 2013.

Future Land Development Holdings Limited (SEHK:1030) completed the acquisition of 48,569.2 square meters parcel of land in Jiading District in cash in December 2012.