Transaction in Own Shares

RNS Number : 2646H

Macau Property Opportunities Fund

16 May 2014

Macau Property Opportunities Fund Limited

("MPO" or the "Company")

Transaction in Own Shares

The Board of Macau Property Opportunities Fund Limited announces that on 15 May 2014, the Company purchased 1,325,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 235p per share. These shares will be cancelled.

The purchase represents 1.60% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 81,415,000 Ordinary Shares.

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

--Ends--

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