Issue of Equity

Crescent Hydropolis Resorts PLC
01 July 2005

                        CRESCENT HYDROPOLIS RESORTS, PLC





                                 PRESS RELEASE



The Directors of CRESCENT HYDROPOLIS RESORTS PLC announce that the Company has
today placed 933,333 Ordinary Shares with a German industrialist at €0.75 per
Ordinary Share to raise €700,000.00 net to the Company.



Application will be made for these Ordinary Shares to be admitted to trading on
AIM.



For Further information contact: -

Mansoor Ijaz                                        Tel: - 07717 333 137
(Chief Executive)



1 July 2005




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