21 July 2014

       Update concerning the Consummation of Agreements to Invest in QLI

Queenco Leisure International Ltd. (the "Company"), the emerging markets
entertainment center and casino developer and operator, announces, following
its previous report of 12 June 2014 regarding the execution of several
agreements with third parties investors to the issuance of company's shares
constitute approximately 2.61% of the share capital (the "Private Offers"),
that the Private Offers have been consummated and that the consideration in the
total amount of NIS 4 million has been conveyed to the Company.

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