Update on Court Hearing

Clear Leisure Plc - Update on Court Hearing

PR Newswire

London, July 16

17 July 17

Clear Leisure PlcMediapolis Court Hearing Update

As announced on 15 June, the court hearing to consider the petition by the Court Prosecutor of Ivrea to wind up Mediapolis Srl took place on 23 June.

At the hearing, Mediapolis Srl submitted additional documentation for the consideration of the court. A decision of the court, with respect to the winding up petition of the Court Prosecutor, has not yet been received.

The Company will provide a further update to shareholders when the findings of the court are received.

-ends-

For further information please contact:

Clear Leisure plc +39 335 296573Francesco Gardin, CEO and Executive Chairman

ZAI Corporate Finance (Nominated Adviser) +44 (0)20 7060 2220Tim Cofman/Peter Trevelyan-Clark

Peterhouse Corporate Finance (Broker) +44 (0) 20 7469 0935Lucy Williams / Heena Karani

Leander (Financial PR) +44 (0) 7795 168 157Christian Taylor-Wilkinson

About Clear Leisure Plc

Clear Leisure plc (AIM: CLP) is an AIM listed investment company with a portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy. The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes. For further information, please visit, www.clearleisure.com