<P><FONT size=5>Citigroup-ÖйúÄڵؼ°Ïã¸Û½ðÈڵزú×ۺϼò±¨09.28</FONT></P>
<P><FONT size=5>28 September 2007 ª¥ 6 pages</FONT></P>
<P><FONT size=5>Per Sq Ft Portable</FONT></P>
<P><FONT size=5>HK/China Property, Conglomerate and Banking News</FONT></P>
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<P> COLI acquired a commercial/residential site in Heping District, Shenyang for<BR>RMB3.215bn or RMB6,828psm, 37% above the bottom price. The site<BR>provides a total GFA of 1.17msm.<BR> Beijing Capital Land acquired a residential site in Xiqing District, Tianjin for<BR>RMB450mn or RMB4,500psm. The site provides a total GFA of about<BR>100,000sm, of which 84,000sm will be used for residential use and the rest<BR>will be for commercial use. This is its second land purchase in the same area<BR>recently.<BR> Yanlord acquired landbank in Shenzhen: It purchased a 75% stake in a<BR>Shenzhen-based company for RMB238.7m, thereby adding 599,000sm to its<BR>total landbank. Through this acquisition, Yanlord obtained two residential<BR>projects in Longguan District.<BR> Shanghai Forte acquired a residential/commercial site in northern Xi¡¯an for<BR>RMB435.6m or RMB400psm. Total GFA of the project reaches 2.178msm.<BR>Forte holds 50% stake in it and the rest was held by a local developer Beijing<BR>Yinxin Realty.<BR> Central government to curb inflation: The eight ministries in China issued a<BR>notice yesterday on stabilizing the price growth towards the end of the year, as<BR>to create better atmosphere in society during the Communist Party Congress.<BR>The government may give subsidies to low-income families in urban areas if<BR>necessary.</P>