Holding(s) in Company

Macau Property Opportunities Fund
27 November 2006

Letter to: RNS

Pursuant to rule 17, 'any relevant changes to any significant shareholders',
we hereby make the following notification:-

On the 9th November 2006, MPC Pilgrim Fund LP disclosed an increase in their
holding of Ordinary Shares US$0.01 to 4.2% as detailed below:-

Name                                    Total Holding

Morstan Nominees                        4,428,000

Letter from: Heritage International Fund Managers Limited
             as Secretary of
             Macau Property Opportunities Fund Limited


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