Launch of Website

Macau Property Opportunities Fund
26 January 2007




                    Macau Property Opportunities Fund Limited

                                 Launch of Website



Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, is
pleased to announce the launch of its website which is available at
www.mpofund.com


                                    --Ends--


About the Macau Property Opportunities Fund



MPOF, which raised £105 million in a placing and commenced trading on the
Alternative Investment Market of the London Stock Exchange on 5 June 2006, is a
closed-end investment company incorporated in Guernsey. The Company's investment
policy is to provide shareholders with an attractive total return, which is
expected to comprise primarily capital growth, but with the potential for
dividends over the medium to long term.  MPOF focuses on investing in property
opportunities primarily in Macau, but also potentially in the Western Pearl
River Delta region and in exceptional circumstances, greater China.



The Manager of MPOF is Sniper Capital Limited and the Investment Adviser is
Sniper Capital Management Limited.



About Sniper Capital Limited



Sniper Capital is an independent investment manager specialising in property
investment in niche, undervalued and developing markets. The Company's
investment strategy is to identify, acquire and develop properties clearly
differentiated by location, value and sustainability of demand. Sniper Capital
currently manages two funds with combined assets of US$200 million.


For further information:


Public Relations
Hogarth Partnership Limited
No. 1 London Bridge
London SE1 9BG
Andrew Jaques / James Longfield / Sarah Richardson
Tel: [phone]




Nominated Adviser and Broker
Collins Stewart Europe Limited
Hugh Field
Tel: [phone]



Company Secretary & Administrator
Heritage International Fund Managers Limited
Mark Huntley / Laurence McNairn
Tel: [phone]



Investment Adviser
Sniper Capital Management Limited
Investor Contact
Tel: [phone]
Email: [e-mail]
www.snipercapital.com



Stock Codes:



Bloomberg:  MPO LN
Reuters:    MPO.L



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