Clear Leisure Plc announced the appointment of Mr. Francesco Gardin as a Chief Executive Officer and Chairman of the Board and Mr. Reginald Eccles as Non Executive Director of the Board with immediate effect. Alfredo Villa has resigned as Chief Executive Officer and Director of the Board with immediate effect although he will continue to advise the Company in respect of the Group's Italian assets. Francesco Emilani has also resigned as a Non-Executive Director of the Board.

The Company expects to announce the appointment of an additional Non-Executive Director in due course. The Company will also appoint, as new Company Secretary, Mr. James Douglas Strachan Gordon, founding partner of Gordons Partnership LLP, in London. Francesco Gardin had served as Chairman of the Clear Leisure (formerly Brainspark PLC) from 2002 until February 2011 and has remained in close contact with the Company since this time.