Milestone Group PLC : Update on Legal Claim

MILESTONE GROUP PLC

 ("Milestone" or the "Company")

Update on legal claim

Further to the announcement made 14 April 2011 the Company announces that the legal claim brought by Mr Cormac Crawford, a shareholder of the Company has been settled to Mr Crawford's satisfaction and at no cost to the Company.

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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Source: Milestone Group PLC via Thomson Reuters ONE

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