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REG-Clear Leisure Plc: Update On Winding Up Petition <Origin Href="QuoteRef">CLPC.L</Origin>

7 April 2015

                               Clear Leisure plc                               

                       ("Clear Leisure" or "the Company)                       

                         Update on winding up petition                         

The company is pleased to announce that it has reached an arrangement with
Westhouse Securities Limited concerning Westhouse's winding up petition against
the company which is scheduled to be heard at the High Court on 20th April
2015. As a direct result of this, Westhouse will ask the court to dismiss the
petition at that time.

For further information please contact:

Clear Leisure plc +39 02 4795 1642

Alfredo Villa, CEO

Peterhouse Corporate Finance (Broker) +44 (0) 20 7469 0935

Lucy Williams / Heena Karani

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



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