Update on Mediapolis Court Hearing

26 June 17

Clear Leisure Plc

Mediapolis 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, is now not expected before early July.

-ends-

For further information please contact:

Clear Leisure plc                         [phone]
Francesco Gardin, CEO and Executive Chairman

ZAI Corporate Finance (Nominated Adviser)      [phone]
Tim Cofman/Peter Trevelyan-Clark                                                                            

Peterhouse Corporate Finance (Broker)   [phone]
Lucy Williams / Heena Karani

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. For further information, please visit, www.clearleisure.com