Milestone Group PLC : Issue of Equity

MILESTONE GROUP PLC

"Milestone" or the "Company"

Issue of Equity

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, announces that it has issued 16,666,667 new ordinary shares in the Company, subject to Admission to AIM, raising £250,000 at a price of 1.5 pence per share. The new shares are being issued to Portland Services Morocco Sarl. whose beneficial owner is Mr Dennis Raymond Gilson.

The new ordinary shares will rank pari passu with the existing ordinary shares of Milestone.

Application has been made for the 16,666,667 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 26 November 2012.

Following the issue, Milestone will have in issue 393,078,825 ordinary shares with voting rights.

So far as the Company is aware and subject to any new notifications received, the following persons will have a notifiable interest in the issued share capital of Milestone following this issue of ordinary shares:

	Current percentage holding	Resultant percentage holding
Deborah Jane White	34,883,774 (9.27%)	34,883,774 (8.87%)
HBS049 Limited	30,000,000 (7.97%)	30,000,000 (7.97%)
Paul Stephen Musgrove	22,766,268 (6.05%)	22,766,268 (5.79%)
Portland Services Morocco Sarl.	-	16,666,667 (4.24%)
BGP Global Services Ltd	15,590,909 (4.14%)	15,590,909 (3.97%)
Martin King	13,667,049 (3.63%)	13,667,049 (3.48%)
Andrew Beddows	11,582,722 (3.08%)	11,582,722 (2.95%)

For further information:

Milestone Group PLC Deborah White, Chief Executive	Tel: [phone]
Cairn Financial Advisers LLP, Nominated Adviser Liam Murray / Avi Robinson	Tel: [phone]
Hybridan LLP, Broker Claire Louise Noyce / Deepak Reddy	Tel: [phone]

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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Milestone Group PLC via Thomson Reuters ONE

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