Presenting at Shares Investor Evening

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9 March 2016

Challenger Acquisitions Limited

("Challenger" or the "Company")

Presenting at Shares Investor Evening

Challenger Acquisitions Limited (LSE: CHAL), a leader in the Giant Observation Wheel industry, is pleased to announce its CEO Mark Gustafson will be presenting at the Shares Investor Evening on Wednesday 16 March 2016. The event is being held at the Novotel Hotel, 10 Pepys St, London, EC3N 2NR at 6.00pm.

Mark will update attendees on Challenger's plans to grow a unique portfolio of investments in Giant Observation Wheels, which started with what is now a ~3% interest in New York Wheel Investor LLC, a company set up to fund the equity component of the US$500 million New York Wheel Project on Staten Island, US. This will include a 630ft GOW, a 68,000sq ft terminal and retail building, and a 950 space parking garage, and is targeted to be operational in Q3 2017. Additionally, Challenger has a pipeline of 25 GOWs worldwide, which it is targeting to provide design, engineering and project management services to, with the Company planning to add one new major project per year. In Jakarta, South East Asia, the local developer is finalising bank financing for a 125 meter GOW, where land for the site has recently been secured.

For further information and to register for the event, please click on the following link http://www.sharesmagazine.co.uk/events/event/shares-investor-evening-16-Mar-2016/.

**ENDS**

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

Notes to Editors:

Challenger (LSE: CHAL) is focused on the design, engineering, project management and investment in select giant observation wheels. By combining its world-class team of technical engineering and project management skills with proven international financial expertise, the Company is ideally positioned to become a leader in the giant observation wheel sector.

The Company, which also has a ~3% equity interest in the US$500 million New York Wheel Project, is currently focusing on appraising approximately 25 opportunities in its project pipeline where it believes that it can utilise its expertise. With a team that has worked on four of the largest giant observation wheels constructed over the last 16 years, including the iconic London Eye, the Company is building on its unique position to deliver projects and generate shareholder value.