Monthly Report

Pacific Alliance China Land Limited (the "Company") Monthly Report A monthly report detailing the activities of the Company for the period ended 31 January 2008, has been issued by Pacific Alliance Investment Management, the investment manager of the Company. Electronic copies of the report have been emailed to shareholders. Copies of the report will be available, free of charge, from the offices of Grant Thornton Corporate Finance, 30 Finsbury Square, London EC2P 2YU or the offices of Pacific Alliance Investment Management, 16th Floor, St John's Building, 33 Garden Road, Central, Hong Kong, for a period of 30 days from the date of this announcement and available from the Company's website, www.pacl-fund.com. ---END OF MESSAGE---