Notice of AGM and Additional Funds Received

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

For immediate release 17 May 2019

Challenger Acquisitions Limited

("Challenger" or the "Company")

Annual Report, Notice of Annual General Meeting ("AGM")

and Additional Funds Received

Challenger Acquisitions Limited (LSE: CHAL) announces that the Company's Notice of AGM and related Form of Proxy ("Notice") together with the Annual Report containing the financial statements for the year ended 31 December 2018, have been distributed to shareholders. The AGM will be held at 3:30 p.m. local time on Monday, 17 June 2019 at Cognito, Floor 4, Salisbury House, London Wall, EC2M 5QQ.

A copy of the Annual Report and Notice is available on the Company's website at: www.challengeracquisitions.com and an electronic version has been submitted to the National Storage Mechanism, which will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

Challenger also announces that it has received a further US$51,250 (US$50,000 principal plus interest) pursuant to an agreement with the developers of the wheel project in Dallas, Texas to sell its US$300,000 investment in this project back to the Developers. This is the fourth of six scheduled payments.

**ENDS**

For more information visit www.challengeracquisitions.com or enquire to: