QHL - Queensgate - Update to shareholders and renewal of cautionary

QHL
QHL                                                                             
QHL - Queensgate - Update to shareholders and renewal of cautionary             
QUEENSGATE HOTELS AND LEISURE LIMITED                                           
Incorporated in the Republic of South Africa                                    
(Registration number 1998/013649/06)                                            
Share code: QHL                                                                 
ISIN code: ZAE000113718                                                         
("Queensgate" or "the Company")                                                 
UPDATE TO SHAREHOLDERS AND RENEWAL OF CAUTIONARY                                
Shareholders are hereby advised that an application for the provisional         
winding-up order of Queensgate has been made by Salvobyte (Pty) Limited, out    
of the Western Cape High Court, following the claim of an amount due of R 210   
081.  The application 
will be heard by the Western Cape High Court on 19 March  
2010. It is the intention of the board of Queensgate to oppose such             
application.                                                                    
Further to the SENS announcement of 5 March 2010, shareholders are advised to   
continue to exercise caution in the trading of Queensgate shares on the JSE     
Limited until a further announcement is made.                                   
Cape Town                                                                       
12 March 2010                                                                   
Designated Advisor                                                              
PSG Capital (Pty) Limited                                                       
Date: 12/03/2010 16:21:01 Produced by the JSE SENS Department.                  
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