Resignation of Nominated Adviser & Broker, Result of AGM

Clear Leisure Plc ("Clear Leisure" or the "Company") Resignation of Nominated Adviser and Broker, Result of AGM Resignation of Nominated Adviser and Broker Clear Leisure announces that Cairn Financial Advisers LLP has resigned withimmediate effect as the Company's Nominated Adviser and Broker. Pursuant to AIM Rule 1, if a replacement Nominated Adviser is not appointedwithin one month, the admission of the Company's AIM securities will becancelled. Result of AGM Clear Leisure plc announces that at its Annual General Meeting held earliertoday all resolutions were duly passed. The share capital reorganisation proposed has become effective, consequentlythe nominal value of the Company's ordinary shares has reduced from 2.5p to0.25p. Total Voting Rights The total number of voting rights in Clear Leisure is 199,409,377. The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, Clear Leisure, under theDisclosures and Transparency Rules. For further information please contact: Clear Leisure Plc +39 02 4795 1642Alfredo Villa, CEO About Clear Leisure Plc Clear Leisure Plc (AIM: CLP) is an AIM listed investment Company pursuing adynamic strategy to create a comprehensive portfolio of companies primarilyencompassing the leisure and real estate sectors mainly in Italy but also otherEuropean countries. The Company may be either a passive or active investor andClear Leisure's investment rationale ranges from acquiring minority positionswith strategic influence through to larger controlling positions. For furtherinformation, please visit, www.clearleisure.com