MILESTONE GROUP PLC
"Milestone" or the "Company"
Issue of Equity & Total Voting Rights

AIM quoted Milestone, the provider of digital media solutions and technology, announces a subscription to raise £47,500 through the issue of 1,727,271 ordinary shares of 0.1 pence in the capital of the Company at a price of 2.75p per share.
 
Application will be made for the shares to be admitted to AIM which is expected to occur on or around 22 January 2010.  The shares, when fully paid and issued, will rank pari passu in all respects with the existing ordinary shares of Milestone.
 
Following the issue, Milestone will have in issue 102,274,687 ordinary shares with voting rights.  The Company does not hold any shares in treasury.  The figure of 102,274,687 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

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

Strand Hanson Ltd
Richard Tulloch / David Altberg
Tel: 020 7409 3494

Hybridan LLP
Claire Louise Noyce / Stephen Austin
Tel: 020 7947 4004