Posting of Scheme Document

RNS Number : 3065M

China Real Estate Opportunities PLC

21 May 2010

CHINA REAL ESTATE OPPORTUNITIES PLC

Posting of Scheme Document in relation to listing in Singapore

Further to the announcement made on 26 April 2010 regarding the receipt of conditional approval to list on Singapore's internationally renowned main board as a business trust, China Real Estate Opportunities plc ("CREO" or the "Company") announces that the Scheme Document convening the meetings of shareholders necessary to approve the proposal to list in Singapore is today being posted to shareholders. In accordance with Rules 20 and 26 of the AIM Rules, a copy of the Scheme Document can be found on the Company's website (www.china-reo.com).

The proposed conversion to a Singapore Business Trust will be effected by way of a Scheme of Arrangement under Jersey law, and is subject to the approval of both shareholders and the Jersey court, and a listing by introduction in Singapore. On the current timetable, as set out below, the proposal will result in dealings in the shares being suspended as at 7.00 a.m. on 16 June 2010 and in the Company being delisted from AIM with effect from 7.00 a.m. on 21 June 2010.

Expected Timetable of Principal Events

Event	Time/date
	2010
Latest time for lodging blue Forms of Proxy for the Court Meeting	10.30 a.m. on 5 June
Latest time for lodging white Forms of Proxy for the EGM	10.45 a.m. on 5 June
Voting Record Time for the Scheme and EGM	6.00 p.m. on 5 June
Court Meeting	10.30 a.m. on 7 June
EGM	10.45 a.m. on 7 June
	or as soon thereafter as the Court Meeting has been concluded or adjourned
Last day of dealings in, and for registration of transfers of, Shares	15 June
Scheme Record Time	6.00 p.m. on 15 June
Suspension of trading on AIM of Shares	7.00 a.m. on 16 June
Court Hearing to sanction the Scheme	9.00 a.m. on 16 June
Delivery of Court Order to the Registrar of Companies (Scheme Effective Date)	on or about 18 June
Operative time for the Scheme	9.00 a.m. (Singapore time) on 21 June
Cancellation of admission to trading on AIM of Shares	7.00 a.m. on 21 June
Crediting TCT Units into Securities Accounts	21 June
Listing and commencement of trading of TCT Units on the SGX-ST	21 June

All times shown in this document are Jersey times unless otherwise stated.

The dates given are based on CREO's current expectations and may be subject to change. If any of the expected dates change, CREO will give adequate notice of the changes by issuing an announcement through a Regulatory Information Service and by displaying a notice on its website (www.china-reo.com).

Enquiries to:

CREO

Ray Horney, Chairman Tel: + 44 (0) 1273 775 225

Sarah Moriarty, Investor Relations Tel: + 353 1 618 9455

Matrix Corporate Capital LLP Tel: + 44 (0) 20 3206 7000

Paul Fincham, Rob Naylor

Davy

Des Carville Tel: + 353 1 679 6363

Citigate Dewe Rodgerson Limited Tel: + 44 (0) 20 7638 9571

Tom Baldock

Murray Consultants

Ed Micheau Tel: + 353 1 498 0300