China Properties Investment Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2012. Based on the preliminary estimation by the company, the board of directors of the company expects the unaudited consolidated net loss of the Group for the six
months ended 30 September 2012 to show a significant increase as compared to the unaudited consolidated net loss of the Group for the corresponding period in 2011. Based on the information currently available to the company, the Board believes that the expected increase in net loss is mainly
attributable to the change in fair value of the investment properties of the Group.