Last checked at 
10 Dec 2010 07:00
Macau Property Opportunities Fund Limited
(the "Company")
Director Shareholding
The Board of the Company received notification today that Sniper Investments Limited ("Sniper Investments") acquired on 8 & 9 December 2010, a further 89,500 ordinary shares of US$0.01 each ("Ordinary Shares") in the Company at 117.00p per Ordinary Share.
Tom Ashworth and Martin Tacon, directors of the Company's Manager, Sniper Capital Limited, (the "Principals") have a beneficial interest in Sniper Investments. Tom Ashworth is also a non-executive director of the Company. Sniper Investments is therefore a connected person of both of the Principals.
Following this acquisition, Sniper Investments has a direct beneficial interest, and the Principals have an indirect beneficial interest, in the Company of 5,239,500 Ordinary Shares, representing 4.99% of the issued share capital of the Company.
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About Macau Property Opportunities Fund
Macau Property Opportunities Fund Limited is a closed-end investment fund registered in Guernsey. Its shares began trading on AIM in June 2006, when it raised £105 million in an institutional placing, before moving to the Main Market of the London Stock Exchange in June 2010. The Company's investment policy is to provide shareholders with an attractive total return through investing in property opportunities in one of the world's fastest growing and most dynamic regions - Macau and the Western Pearl River Delta of Southern China.
The Fund is managed by Sniper Capital Limited, an independent investment manager that specialises in property investment opportunities in niche, undervalued and developing markets.
For further information:
Website: www.mpofund.com
Public Relations
MHP Communications
Simon Hockridge / Andrew Jaques
Tel: +44 20 3128 8100
Corporate Broker
Collins Stewart Europe Limited
David Yovichic / Dominic Waters
Tel: +44 20 7523 8361 / +44 20 7523 8473
Company Secretary & Administrator
Heritage International Fund Managers Limited
Mark Huntley / Laurence McNairn
Tel: +44 1481 716000
Manager
Sniper Capital Limited
Joyce Lo
Tel: +852 2292 6700
Email: info@snipercapital.com
www.snipercapital.com
Stock Codes:
Bloomberg: MPO LN
Reuters: MPO.L