19 January 2012

Pacific Alliance China Land Limited Share Dealings Pacific Alliance China Land Limited ("PACL" or the "Company") (AIM: PACL) announces the following dealings in the Company.

On 18 January 2012, PARE Trading Limited, a subsidiary of Pacific Alliance Real Estate Limited, the Company's investment manager transferred 339,579 of the Company's Ordinary Shares of US$0.01 each ("Ordinary Shares") to its staff.
As a result of the transfer of Ordinary Shares, Mr. Horst F. Geicke and Mr. Jon-Paul Toppino, directors of the Company, have an indirect interest in 2,652,559 of the Company's Ordinary Shares held by Pacific Alliance Real Estate Limited and its affiliates representing 1.90% of the Company's total voting rights.
For further information, please contact:

MANAGER:

Patrick Boot, Managing Partner

Pacific Alliance Real Estate Limited

15/F, AIA Central

1 Connaught Road Central, Hong Kong T: (852) 2918 0088

F: (852) 2918 0881 pboot@pagasia.com

LEGAL COUNSEL:

Jon Lewis, General Counsel

PAG

15/F, AIA Central

1 Connaught Road Central, Hong Kong T: (852) 2918 0088

F: (852) 2918 0881 jlewis@pagasia.com

BROKER: Hiroshi Funaki

LCF Edmond de Rothschild Securities

T: (44) 20 7845 5960

F: (44) 20 7845 5961 funds@lcfr.co.uk

NOMINATED ADVISER: Philip Secrett

Grant Thornton Corporate Finance

T: (44) 20 7383 5100

Philip.J.Secrett@uk.gt.com

MEDIA RELATIONS: Stephanie Barry

PAG

T: (852) 3719 3375 sbarry@pagasia.com

About Pacific Alliance China Land Limited

Pacific Alliance China Land Limited ("PACL") (AIM: PACL) is a closed-end investment company with net assets of USD 294.8 million as at 31 December 2011. PACL was admitted to trading on the AIM Market of the London Stock Exchange in November 2007. PACL is focused on investing in a portfolio of existing properties, new developments, distressed projects and real estate companies in Greater China.

For more information about PACL, please visit: www.pacl-fund.com

Pacific Alliance China Land Limited is a member of PAG (formerly known as Pacific Alliance Group), the Asian alternative investment fund management group. Founded in 2002, PAG is now one of the region's largest Asia-focused alternative investment managers, with funds under management across Private Equity, Real Estate and Absolute Return strategies.
PAG has a presence across Asia with over 260 staff working in the region.

For more information about PAG, please visit: www.pagasia.com
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