Director/PDMR Shareholding

RNS Number : 8308H

Macau Property Opportunities Fund

22 May 2014

Macau Property Opportunities Fund Limited

("MPO" or the "Company")

Director Shareholding

The Board of Macau Property Opportunities Fund Limited received notification that Sniper Investments Limited ("Sniper Investments") acquired on 21 May 2014, 23,000 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 239.43p per Ordinary Share.

Tom Ashworth and Martin Tacon, directors of the Company's Manager, Sniper Capital Limited, (the "Principals") have a beneficial interest in Sniper Investments. Tom Ashworth is also a non-executive director of the Company. Sniper Investments is therefore a connected person of both of the Principals.

Following this acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 9,800,000 Ordinary Shares, representing 12.04% of the issued share capital of the Company.

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About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey and listed on the London Stock Exchange's main market.

Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and Mainland China's western Pearl River Delta. Its current US$517 million portfolio comprises a mix of well-positioned residential and retail property assets.

The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.

For further information:

Company Registration Number 44813

Website: www.mpofund.com

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques / James Morgan

Tel: +44 20 3128 8100

Manager

Sniper Capital Limited

Tel: +65 6222 1440 (Investor Contact)

Tel: +853 2870 5151(Fund Advisor)

Email: info@snipercapital.com