Appointment of joint brokers

Milestone Group plc

                          CHANGE OF ADVISER

Milestone Group plc (AIM: MSG) is pleased to announce the appointment
of Hybridan LLP as the Company's joint broker with immediate effect.


For further information, please contact:

Milestone Group plc
Deborah White, Chief Executive Officer
                                  Tel: [phone]

Milestone Group PLC website:

www.milestonegroup.co.uk

Hybridan LLP, BROKER
Claire Noyce/Stephen Austin
            Tel: [phone]

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