ANNOUNCEMENT

4 November 2016

Quarterly Net Asset Value Update

Macau Property Opportunities Fund Limited (MPOF), managed by Sniper Capital Limited, announces that its Adjusted Net Asset Value for the period ended 30 September 2016 was US$228.3 million.

This is equivalent to US$2.99 (230 pence*) per share and represents an increase of 0.9% from the previous quarter.

*Based on a US Dollar/Sterling exchange rate of 1.298 as at 30 September 2016.

Note:

  1. Detailed information on MPOF's portfolio and the Macau market is available in the Company's Q3 2016 Investor Update published on its website at www.mpofund.com.

  2. The content of this announcement contains inside information.

About Macau Property Opportunities Fund

Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey. Listed on the London Stock Exchange's main market, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.

Launched in 2006, the Company targets strategic property investment and development opportunities in Macau, the only city in China where casinos are legal. Its current portfolio comprises a mix of well-positioned residential and retail property assets.

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

Stock Codes: Bloomberg: MPO LN Reuters: MPO.L

For further information, please contact:

Investor Relations Sniper Capital Limited Doris Boo

Tel: +65 6222 1440

info@snipercapital.com www.snipercapital.com

Public Relations

MHP Communications Andrew Jaques / Simon Hockridge / Kelsey Traynor Tel: +44 20 3128 8100

Corporate Broker Liberum Capital Richard Bootle / Henry Freeman /

Jonathan Wilkes-Green Tel: +44 20 3100 2232

Company Secretary & Administrator Heritage International Fund Managers

Mark Huntley / Laurence McNairn Tel: +44 14 8171 6000

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Macau Property Opportunities Fund Ltd. published this content on 04 November 2016 and is solely responsible for the information contained herein.
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