Block Admission of Shares

China Real Estate Opportunities Limited

Block Admission of Shares

China Real Estate Opportunities Limited (the "Company") announces that an application has been made to the London Stock Exchange for the block admission to AIM of 2,000,000 ordinary shares of no par value in the Company. These shares are for issue under the Company's share option scheme.

Enquiries to:

CREO

Ray Horney                 Tel: + 44 (0) 1273 775 225

Landsbanki Securities (UK) Limited Tel: + 44 (0) 20 7426 7736

Paul Fincham

Jonathan Becher

Robert Naylor

Bankside Consultants Ltd   Tel: + 44 (0) 20 7367 8888

Simon Rothschild

Oliver Winters

Murray Consultants

Ed Micheau Tel: + 353 1 498 0300