Issue of Equity

Crescent Hydropolis Resorts PLC
07 December 2006


                        CRESCENT HYDROPOLIS RESORTS PLC

                                  ANNOUNCEMENT
                            (for immediate release)

                                New Equity Issue

The Directors of Crescent Hydropolis Resorts Plc announce that the Company has
today placed 895,000 Ordinary Shares with two German investors at €0.56 (38p)
per Ordinary Share to raise €500,000 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.

The Company further announces that it has issued a warrant for Ordinary Shares
(Warrant) for investors of the Company to purchase up to an additional 671,250
Ordinary Shares at €0.79 (54p). The Warrant may be exercised at a time not
earlier than February 6, 2007 and not later than December 6, 2009, and when
fully exercised, would raise an additional €530,000 net to the Company.

For further information, please contact:

Alfred Wuttke                             Mansoor Ijaz

Chief Executive                           Deputy Chairman

[e-mail]     [e-mail]


7 December 2006


                      This information is provided by RNS
            The company news service from the London Stock Exchange