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.

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 6030) Announcement Acquisition of Land Use Rights in Shenzhen

This announcement is made by CITIC Securities Company Limited (the "Company") pursuant to the Inside Information Provisions (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules")) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rule 13.09 of the Listing Rules.
The Company considered and approved the Resolution in relation to the Bid for Land Use Rights with its Subsidiary (the "Board Resolution") passed by the 22nd Meeting of the 5th Session of the board of directors of the Company (the "Board") on 26 January 2014 by way of written resolution.
According to the Board Resolution, the Company intended to co-invest in the "CITIC Securities
Shenzhen Headquarters Base Project" (the "Headquarters Base Project") with GoldStone Zexin
Investment Management Co., Ltd. ( ����JtJifJ1:1t0PJ ) ("GoldStone Zexin"), a wholly-
owned subsidiary of GoldStone Investment Co., Ltd., the Company's wholly-owned subsidiary. The Headquarters Base Project will help the Company strengthen and boost Shenzhen as the forefront base for its international development strategy. Following completion of the acquisition of CLSA, the Company intends to base in Shenzhen in order to enhance its domestic and overseas business development and communication, and establish International Conference Center as the permanent venue for CLSA Global Forum, which, with the construction of a global settlement center, will satisfy the needs of the Company for a headquarters base as an international business platform and the middle and back offices with multiple functions and diversified ancillary facilities. Accordingly, the Board:
1. approved that the Company and GoldStone Zexin as co-bidder to participate in the bid for the land use rights of Lot No. T207-0049 under the Urban Planning Land and Resources Commission of Shenzhen Municipality at a price not exceeding RMB3.6 billion (the land bid price, deed tax, stamp duty, related service charge for land transfer and other related fees charged by the government will be paid subject to the government requirements) under which the contribution ratio between the Company and GoldStone Zexin is 6:4 (the "Land Bid");

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2. approved that the Company and GoldStone Zexin to co-invest in the construction of the Headquarters Base Project at the above contribution ratio of 6:4 after acquisition of the land use rights of the above plot. The specified investment scale and related issues will be proposed to the Board and the general meeting of the Company (if necessary) for consideration separately;
3. authorized the management of the Company to carry out all matters relating to the above land use rights bidding and the investment regarding the construction of the Headquarters Base Project in compliance with laws and regulations.
According to the Board Resolution, the Company and GoldStone Zexin as co-bidder have won the bid for the aforesaid land use rights at a price of RMB3.549 billion and signed the Bid Confirmation (Shen Di Jiao No. (2014)9) and the Land Use Rights Transfer Contract in Shenzhen (Shen Di He Zi No. (2014)8001) (the "Land Transfer Contract"). The Company and GoldStone Zexin will pay the land price in two equal installments at their contribution ratio of 6:4 within one year from the date of the Land Transfer Contract in accordance with the Land Transfer Contract.
As each of the applicable percentage ratios in respect of the Land Bid does not exceed 5%, the Land Bid is exempted from the reporting, announcement and shareholder's approval requirements under Chapter 14 of the Listing Rules. For further development of the Headquarters Base Project of the Company, the Company will publish further announcement in accordance with the requirements of the Listing Rules.
By order of the Board

CITIC Securities Company Limited WANG Dongming Chairman

Beijing, the PRC
26 January 2014

As at the date of this announcement, the executive directors of the Company are Mr. WANG Dongming, Mr. CHENG Boming, Mr. YIN Ke and Mr. LIU Lefei; the non-executive directors are Mr. JU Weimin and Mr. FANG Jun; and the independent non- executive directors are Mr. WU Xiaoqiu, Mr. LEE Kong Wai, Conway, Mr. RAO Geping and Mr. WEI Benhua.

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