Clarification - Riviera Sale

Speymill Macau Property Company plc

Clarification of receipt of Funds from Riviera Sales

The Board of Speymill Macau Property Company plc (the "Company") wishes to clarify its announcement of 15 December 2010 as follows:

In regard to the payments totaling HK$ 7,590,590 (approx. USD$ one million) received by the Company on December 8, 2010, this money was not yet due under the terms of payment for the Plan "B" buyers at the time it was paid. Plan "B" buyers are required to take possession and pay the remaining part of the price within 14 days from a notice of the Seller, served by double registered mail, confirming that the Occupation Permit had been issued. Such letters have not yet been sent out to the Plan "B" buyers; therefore, the payments noted in the 15 December 2010 update were voluntarily made prior to the date they were legally due to be made.

The US Dollar amount above is for information purposes only and in calculating such price a conversion price of 7.75 HK dollar to one US dollar was used.

Enquiries

For more information, please visit www.speymillmacau.com or contact:

Speymill Property Group Limited Galileo Fund Services Limited

(Manager) (Administrator)

Huang Khoo Ian Dungate

Terri Tsang Suzanne Jones

+44 1624 640 860 +44 1624 692600

Matrix Corporate Capital LLP Fairfax I.S. P.L.C.(Nominated Adviser and Broker) (Broker)Paul Fincham James KingJonathan Becher Andrew Cox+44 20 3206 7000 +44 20 7598 5368