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Mon 9 Feb 2009, 17:05 QHL - Queensgate Hotels And Leisure Limited - Dist
QHL
QHL                                                                             
QHL - Queensgate Hotels And Leisure Limited - Distribution of securities by the 
former sponsor                                                                  
QUEENSGATE HOTELS AND LEISURE LIMITED                                           
(Formerly Cyberhost Limited)                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/013649/06)                                            
Share code: QHL      ISIN code: ZAE000113718                                    
(`Queensgate` or `the Company`)                                                 
DISTRIBUTION OF SECURITIES BY THE FORMER SPONSOR                                
In compliance with rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed.                                             
Arcay Corporate Services, a division of Arcay Client Support (Pty) Ltd, which   
company was their former Sponsor to Queensgate, has declared a distribution of  
11 836 188 shares to its shareholders. This has the following impact on the     
shareholders and Approved Executives of Arcay Moela Sponsors (Pty) Ltd:         
Name of Approved Executive         Arcay Investments (Pty) Ltd                  
Date of transaction:               9 February 2009                              
Class of securities:               Ordinary shares                              
Number of securities:              5 918 212                                    
Transfer price:                    14 cents per share                           
Total value of transfer:           R828 49.68                                   
Nature of transaction:             Distribution                                 
Nature of interest:                Indirect beneficial                          
Extent of interest:                0.37%                                        
Name of Approved Executive         MJ Krastanov                                 
Date of transaction:               9 February 2009                              
Class of securities:               Ordinary shares                              
Number of securities:              5 917 976                                    
Transfer price:                    14 cents per share                           
Total value of transfer:           R828 516.64                                  
Nature of transaction:             Distribution                                 
Nature of interest:                Direct beneficial                            
Extent of interest:                0.37%                                        
Clearance to deal was obtained in accordance with paragraph 3.66 of the Listings
Requirements of the JSE.                                                        
Johannesburg                                                                    
9 February 2009                                                                 
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 09/02/2009 17:05:02 Produced by the JSE SENS Department.                  
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