Result of AGM

MILESTONE GROUP PLC

                          "Milestone" or the "Company"

                  Results of AGM and Update on Working Capital

The  Company is pleased to announce that at the Company's Annual General Meeting
("AGM") held earlier today, all proposed resolutions were passed.

At  the AGM the Company  provided an update to  shareholders as to the Company's
current  cash position.   As at  25 March 2011 the  Company had  cash of £52,349
which   the   Board  believes  is  sufficient  to  meet  the  Company's  current
requirements  for at least six weeks, on the basis that the Company continues to
be able to manage the timing of settlement of its current liabilities.

As  previously announced, the Company continues to  be reliant on its ability to
raise  further funds in  the immediate to  short term.  The  Company can confirm
that it is in discussions with a number of interested parties with regard to the
provision  of funding.  However,  should the Company  be unsuccessful in raising
further  funds,  this  will  have  a  material  adverse  effect on the Company's
financial  position and operations.   In the event  that such activities are not
successful  the Company  will not  be able  to continue  trading in  its current
form.   There can  be no  guarantee that  such funding  will be available, or on
terms acceptable to the Company.

Further announcements will be made in due course.

 FOR FURTHER INFORMATION:



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



 Strand Hanson Ltd, NOMAD
 Richard Tulloch / David Altberg   Tel: [phone]



 Hybridan LLP, Broker
 Claire Louise Noyce               Tel: [phone]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(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

[HUG#1501027]