Court Hearing Update

Court Hearing Update

Clear Leisure plc

13 May 2014

Clear Leisure Plc

(“Clear Leisure” or “the Company”)

Court Hearing Update

The Company advises shareholders that the Ivrea court met as expected on Friday 9 May 2014 to discuss the Mediapolis land settlement. However, as of today the Company confirms that no ruling has yet been provided by the court and a new hearing has been arranged for Friday 23 May 2014. The Directors’ anticipate that additional information may be requested at this meeting but, at this time, they cannot anticipate the nature of this information.

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For further information please contact:

Clear Leisure Plc	Â	Â	Â	Â	Â	Â	Â	[phone]
Alfredo Villa, CEO
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Cairn Financial Advisers LLP (Nominated Adviser)								[phone]
Jo Turner
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Peterhouse Corporate Finance (Joint Broker)								[phone]
Jon Levinson / Heena Karani
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Leander (Financial PR)								[phone]
Christian Taylor-Wilkinson
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About Clear Leisure Plc

Clear Leisure Plc (AIM: CLP) is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy but also other European countries. The Company may be either a passive or active investor and Clear Leisure’s investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions. For further information, please visit, www.clearleisure.com