Change of Adviser

Minoan Group PLC
01 August 2007



                                Minoan Group Plc

               Nominated Adviser and Broker: Transfer of Business

Following the transfer by J. M. Finn & Co. Ltd of its corporate advisory and
broking business to its subsidiary JMFinn Capital Markets Ltd, Minoan Group Plc
announces the appointment of JMFinn Capital Markets Ltd as its Nominated Adviser
and Broker with immediate effect.


For further information visit www.minoangroup.com or contact:


Christopher Egleton      Minoan Group Plc                07808 722022 Bill Cole    Minoan Group Plc     01689 897397
Geoff Nash               J M Finn & Co                   020 7600 1658
Alan Frame               Westport Communications Ltd     020 7404 7878



1 August 2007






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