Significant shareholder notif

20 January 2009

China Real Estate Opportunities plc

Significant shareholder notification

China Real Estate Opportunities plc (the 'Company') has received notification from Davycrest Nominees, by letter dated 19 January 2009, that their interest in the Company has increased to 1,523,584 ordinary shares which represents 3.22% of the Company's issued share capital.

Contact:

CREO

Ray Horney, Chairman

Tel: + 44 (0) 1273 775 225 

Sarah Moriarty, Investor Relations

Tel: + 353 1 618 9455

Matrix Corporate Capital LLP

Paul Fincham

Tel: + 44 (0) 20 3206 7000

Davy

Des Carville

Tel: +353 1 679 6363

Bankside Consultants 

Simon Rothschild, Oliver Winters 

Tel: 44 (0) 20 7367 8888

Murray Consultants 

Ed Micheau

Tel: + 353 1 498 0300

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