Issue of Equity

Crescent Hydropolis Resorts PLC
24 October 2006


                        CRESCENT HYDROPOLIS RESORTS PLC

                      Isle of Man     Munich      Qingdao

                                  ANNOUNCEMENT

                            (for immediate release)


                                NEW EQUITY ISSUE


The Directors of Crescent Hydropolis Resorts Plc announce that the Company has
today placed 280,000 Ordinary Shares with a German investor at €0.375 (25p) per
Ordinary Share to raise €105,000 net to the Company.


Application will be made for these Ordinary Shares to be admitted to trading on
AIM. Save as disclosed, there is no other relevant information required under
AIM Rules.


For further information, please contact:


Alfred Wuttke                              Mansoor Ijaz

Chief Executive                            Deputy Chairman

[e-mail]      [e-mail]


24 October 2006



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