Resignation of Director

Legal Entity Identifier: 213800MCRBNG3UHI1A31

27 April 2018

South African Property Opportunities plc

(incorporated and registered in the Isle of Man under the Isle of Man Companies Act 2006

with registered number 006491V)

(the "Company")

Resignation of Director

Stephen Coe has resigned as a non-executive Director of the Company with immediate effect for personal reasons.

David Hunter commented

"The Board of the Company is very grateful for Stephen's contribution during his time as a director and we wish him well in his future endeavours."

For further information contact:

Panmure Gordon & Co (Nominated adviser and broker)

Paul Fincham/Jonathan Becher/Rob Naylor +44 20 7886 2500

Galileo Fund Services Limited (Registrar and administrator)

Ian Dungate/Suzanne Jones + 44 (0) 1624 692600