Correction: Board Changes

Crescent Hydropolis Resorts PLC
21 April 2008


21 April 2008



                        Crescent Hydropolis Resorts plc

                         ('Crescent' or 'the Company')


The Board of Crescent would like to advise of amendments to the third and fifth
paragraphs of the announcement issued on 18 March 2008.


The third and fifth paragraphs should have read as follows:


'Mr Artinger, aged 44, is a private investor from Germany and a shareholder of
the Company. He formed and owned transact Elektronische Zahlungssysteme GmbH in
1997 and was Managing Director there until 2003, when he sold the company to
Euronet Worldwide, Inc. (NASDAQ: EEFT). He continued to serve as Managing
Director during a transition period until 2006. transact is one of the leading
independent electronic payments processors and the market leader in processing
of prepaid mobile airtime top-up services in Germany, with a market share of 50%
of electronic top-up transactions. Prior to forming transact, Mr Artinger was
head of IT at Wellcom GmbH's e-payment group from 1990 to 1997. He served in the
German army from 1988 to 1989 and studied at the Fachhochschule Muenchen from
1983 until 1989. His current directorships include Schloss Burgscheidunger,
Alpha Artinger GmbH & Co. and Montrag AG.'


'Mr Hohmann, aged 44, is head of a tax consulting firm in Dubai, United Arab
Emirates. Mr Hohmann is a director of Trust ME. Trust ME offers a range of
professional accounting services to European companies in Dubai. Prior to
forming Trust ME, Mr Hohmann and his brother, Lothar Hohmann, started a laser
engraving company, PRECISE Trading LLC, where Mr Hohmann continues to be a
director, which is now the leading Middle East company for crystal laser
engraving. Mr Hohmann was also a director of businesspants.com from 2005 to
2006, Hohmann Management Consultancies from 2005 to 2007 and Arab German Health
Services from 2005 to 2008. From March 1998 until May 2003, Mr Hohmann was
assistant to the chairman of the board of Meffert AG Farbwerke, a leading paint
producing company in Germany. Mr Hohmann was educated in business administration
and law taxation, earning a Masters of Law Taxation at the College of Applied
Science in Worms, Germany in 1996. He served in the German Air Force from April
1985 until September 1993.'


Below is the correct announcement in full.






             Appointment of Directors and Resignation of Directors


Crescent Hydropolis Resorts PLC (the Company) is pleased to announce the
appointment of Mr Bernd Wolfgang Artinger as non-executive chairman with
immediate effect. His appointment is concurrent with the resignation of Mr
Joachim Hauser as executive chairman, who has retired from the Board of
Directors (the Board) but will continue to work for the Company at a project
development company level.


The Company further announces the appointment of Mr Uwe Hohmann as chief
executive and executive director. His appointment is concurrent with the
resignation of Mr Mansoor Ijaz as executive deputy chairman, who has retired
from the Board to pursue his bid for the United States Senate in the next
election cycle.


Mr Artinger, aged 44, is a private investor from Germany and a shareholder of
the Company. He formed and owned transact Elektronische Zahlungssysteme GmbH in
1997 and was Managing Director there until 2003, when he sold the company to
Euronet Worldwide, Inc. (NASDAQ: EEFT). He continued to serve as Managing
Director during a transition period until 2006. transact is one of the leading
independent electronic payments processors and the market leader in processing
of prepaid mobile airtime top-up services in Germany, with a market share of 50%
of electronic top-up transactions. Prior to forming transact, Mr Artinger was
head of IT at Wellcom GmbH's e-payment group from 1990 to 1997. He served in the
German army from 1988 to 1989 and studied at the Fachhochschule Muenchen from
1983 until 1989. His current directorships include Schloss Burgscheidunger,
Alpha Artinger GmbH & Co., Montrag AG, Alpha Verwaltungs GmbH and MLB
Development GmbH.


Mr Artinger owns 1,253,333 Ordinary Shares of the Company and 1,000,000 Options
on Ordinary Shares due to expire December 31, 2010. His shareholding represents
1.52% of the Company's total voting rights.


Mr Hohmann, aged 44, is head of a tax consulting firm in Dubai, United Arab
Emirates. Mr Hohmann is a director of Trust ME. Trust ME offers a range of
professional accounting services to European companies in Dubai. Prior to
forming Trust ME, Mr Hohmann and his brother, Lothar Hohmann, started a laser
engraving company, PRECISE Trading LLC, where Mr Hohmann continues to be a
director, which is now the leading Middle East company for crystal laser
engraving. Mr Hohmann was also a director of businesspants.com from 2005 to
2006, Hohmann Management Consultancies from 2005 to 2007 and Arab German Health
Services from 2005 to 2008. From March 1998 until May 2003, Mr Hohmann was
assistant to the chairman of the board of Meffert AG Farbwerke, a leading paint
producing company in Germany. Mr Hohmann was educated in business administration
and law taxation, earning a Masters of Law Taxation at the College of Applied
Science in Worms, Germany in 1996. He served in the German Air Force from April
1985 until September 1993.


Mr Hohmann owns 550,000 Ordinary Shares of the Company, representing 0.67% of
the Company's total voting rights.


The Company has entered into service contracts with both Messrs Artinger and
Hohmann. Mr Artinger shall receive total compensation of £10,000 per annum for
service as non-executive chairman. Mr Hohmann shall receive €7,000 per month to
serve as chief executive of the Company. The contracts shall be ratified and
extended, if deemed in the interests of the Company, at the 2008 Annual General
Meeting.


The Company has further issued indemnity letters to outgoing directors and all
directors who previously served the company in a non-executive or executive
capacity. The Board intends to ask shareholders to ratify all indemnity letters
at the 2008 Annual General Meeting.


No other information is required to be disclosed pursuant to Rule 17 and
Schedule 2 (g) of the AIM Rules.


For further information contact:-

Uwe Hohmann

Chief Executive

[phone]

[e-mail]


Richard Swindells/Natasha Reed

Nabarro Wells

020 7634 4700



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