Statement re Manager

Speymill Macau Property Company plc

Statement re Manager

The Board of Speymill Macau Property Company plc (the "Company") announces that notice has been served by the Company on Speymill Property Group Limited (the "Manager") to terminate the Investment Management Agreement between the Company and the Manager dated 13 November 2006 with effect from 28 June 2011.

A further announcement will follow in due course regarding the Board's intentions for the future management of the Company's remaining assets.

- ENDS -

Enquiries

For more information, please visit www.speymillmacau.com or contact:

Speymill Macau Property Company plc

Howard Golden, Chairman

+ 9725 2601 7615

Galileo Fund Services Limited

(Administrator)

Ian Dungate

+44 1624 692600

Matrix Corporate Capital LLP

(Nominated Adviser)

Paul Fincham

Jonathan Becher

+44 20 3206 7000

Fairfax I.S. PLC

(Corporate Broker)

James King

Andrew Cox

+44 20 7598 5368