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 a further 400,000 Ordinary Shares at €0.75 per Ordinary Share to
raise €300,000.00 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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