Update on Mediapolis Appeal

24 October 2018

Clear Leisure Plc

(“Clear Leisure”, “the Company”)

Update on Mediapolis Appeal

Clear Leisure (AIM: CLP) wishes to notify shareholders that with regard to the second appeal, announced on 18 October 2018, against the result of the Mediapolis Land auction and the decision of the auctioneer to reject the Company’s request to have the land assigned to the Company, a first hearing by the Court of Ivrea has been scheduled for 20 November 2018.

The date of the result of the hearing has not yet been set. The Company will issue further updates in due course.

-ends-

For further information please contact:

Clear Leisure Plc                                                                                     [phone]

Francesco Gardin, CEO and Executive Chairman

SP Angel Corporate Finance (Nominated Adviser & Broker)         [phone]

Jeff Keating / John Mackay                                                                                                 

Leander (Financial PR)                                                                    [phone]

Christian 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. The Company has recently launched a joint venture initiative in the cryptocurrency mining sector. For further information, please visit, www.clearleisure.co.uk