02 September 2014

             Announcement of Results of the Rights Issue Offering
                    of Club Hotel Loutraki S.A.(the "CHL")

Queenco Leisure International Ltd. (the "Company"), the emerging markets
entertainment center and casino developer and operator, announces today the
results of a rights issue held by CHL of up to 17,775,000 new common shares
with a par value of €0.51 each of CHL (the "New Shares"), at an issue price of
€0.51 per share and for a total consideration of €9,065,250.00.

The rights issue resulted in the subscription for 17,029,440 New Shares for a
total consideration of €8,685,014.40, of which 13,864,500 New Shares subscribed
for by Powerbrook Spain S.L (the "PBS"), thus exercising in full PBS's rights
for a total contribution of €7,070,895.00 of which € 6.8 million by loans
conversion in accordance with the settlement agreement dated 30 June 2014
between the Company and Club Hotel Investments (C.H.) Ltd. For further
information please see Company's press release dated 01 July 2014.

The completion of the rights issue is pending and subject to the confirmation
and certification of CHL's board of directors to the rights issue results.

Queenco Leisure International Ltd.

For further information about the Company please visit www.queenco.com or
contact:

Queenco Leisure International Ltd.
Yariv Lerner, Chief Executive Officer           T: +972 3 7566 555


רח' מנחם בגין 11 קומה 30 רמת גן, ישראל FLOOR RAMAT-GAN, ISRAEL 11 MENAHEM BEGIN ST. 30
       טל: 03-7566555 פקס: 03-7566500 TEL: 972-3-7566555 FAX: 972-3-7566500