06 October 2014

         Update concerning the completion 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, following
its previous report of 2 September 2014, that on 2 October 2014 the Board of
Directors of CHL approved the rights issuance held by CHL, which resulted in
the subscription of 17,029,440 new common shares of CHL for a total
consideration of €8,685,014. Within this rights issuance framework, Powerbrook
Spain S.L ("PBS") purchased shares for a total contribution of €7,070,895 of
which € 6.8 million was contributed 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 1 July 2014.

Set forth below are the holding percentages of CHL's share capital before and
after the completion of the said rights issue:

Shareholders                 Percentage of Holdings in CHL's Share Capital (%)

                             Before the Rights Issue   After the Rights Issue

Powerbrook Spain S.L                   78%                     79.67%

Sciens Group:                        17.43%                     18.2%

SCIENS ΔΙΕΘΝΗΣ Α.Ε. ΕΠΕΝΔΥΣ
ΕΩΝ ΚΑΙ ΣΥΜΜΕΤΟΧΩΝ

Schl Holdings Ltd.

Sciens International
Holdings 2

Piraeus Bank                          2.96%                     1.70%

Efg Eurobank Ergasias                 1.6%                      0.82%

Queenco Leisure International Ltd.

For further information about the Company please visit www.queenco.comor
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