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

For Immediate Release

31 January 2017

Challenger Acquisitions Limited

("Challenger" or the "Company")

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Challenger Acquisitions Limited (LSE: CHAL), a leader in the Giant Observation Wheel industry announces that in compliance with its obligations under DTR 5.6.1 of the FCA's Disclosure Rules and Transparency Rules, following an allotment of new shares announced during the month, as at the date of this announcement the Company's issued share capital consists of 22,879,733 ordinary shares with a nominal value of £0.01 each, with voting rights (the "Ordinary Shares").

The above figure of 22,879,733 Ordinary Shares with voting rights may be used by shareholders in the Company as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The Company does not hold any shares in treasury.

**ENDS**

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