Directorate Change

Milestone Group Plc

(“Milestone” or the “Company”)

Milestone Group PLC (“Milestone” or the “Company”), the AIM quoted (AIM:MSG) provider of digital media and technology solutions, is pleased to announce the appointment of David Hill to the Board as a Non-Executive Director.

After graduating from the University of Birmingham with a Bachelor of Commerce in Accounting & Finance, David joined Price Waterhouse principally in the Corporate Recovery team before changing direction and moving to the City.

Since then he has spent over 15 years in Investment Banking with Nomura and Deutsche Bank before moving into Asset Management where he was most recently the Fixed Income COO for Aberdeen Asset Management (“AAM”). David was a member of AAM’s risk management committee, a fiduciary company director of various AAM subsidiary entities and was registered and regulated by the FSA.

David John Hill, age 39, has held the following directorships:

Current                                                                    Over past five years

None                                                                        Aberdeen Asset Managers Limited
                                                                                  Aberdeen Fund Management Limited
                                                                                  Aberdeen Asset Management Investment Services Limited
                                                                                  Quaest Limited
                                                                                  Igamol Limited

Save as set out in this announcement, there are no other disclosures in respect of this appointment that fall to be made under Rule 17 or paragraph (g) of Schedule 2 to the AIM Rules for Companies.

Mr Hill has an interest over 1,000,000 shares in the Company representing approximately 0.35 per cent. of the Company’s issued share capital and warrants to subscribe for a further 1,000,000 shares details of the terms of such warrants are set out in the announcement released earlier today.

Deborah White, Chief Executive Officer, said:

“I am delighted to welcome David to the Board of Milestone. He brings a strong set of skills for developing and executing strategy to achieve the successful delivery of our objectives. We are looking forward to working together to take Milestone forward into an exciting new stage of its development.”

FOR FURTHER INFORMATION:

Milestone Group PLC
Deborah White, Chief Executive                                 Tel: 020 7929 7826

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Avi Robinson                                         Tel: 020 7148 7900

Hybridan LLP, Broker
Claire Louise Noyce                                                     Tel: 020 7947 4350

College Hill, PR
Jamie Ramsay                                                               Tel: 020 7457 2020