Transaction in Own Shares

RNS Number : 8803D

Macau Property Opportunities Fund

23 May 2012

Macau Property Opportunities Fund Limited

("MPO" or the "Company")

Transaction in Own Shares

The Board of Macau Property Opportunities Fund Limited announces that on 22 May 2012, the Company purchased 100,000 of its own ordinary shares at a price of 103p per share. These shares will be cancelled.

The purchase represents 0.10% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 102,400,000 ordinary shares.

Further opportunistic purchases of MPO shares may be considered by the Board at suitably attractive prices.

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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 Main Market.

Launched in 2006, the Company seeks to deliver long-term returns from the investment in and development of high quality properties located in Macau and the western region of China's Pearl River Delta. Its current $350 million portfolio comprises a mix of strategically-positioned residential, retail and warehousing property assets.

The Fund is managed by Sniper Capital, an Asian-based property investment manager that provides highly focused Fund Management and Advisory Services.

For further information:

Company Registration Number 44813

Website: www.mpofund.com

Public Relations

MHP Communications

Simon Hockridge / Andrew Jaques

Tel: +44 20 3128 8100

Manager (Investor Contact)

Sniper Capital

Faye Chiam

Tel: +65 6222 1440