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New Contract

Milestone Group Plc

(“Milestone” or the “Company”)

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, is pleased to announce that its wholly owned subsidiary, Oil Productions Ltd ("Oil"), has been contracted by OMD International Ltd ("OMD") to develop and deliver a digital art competition on behalf of Nissan's luxury brand, Infiniti.

The Worldwide digital art competition is being held to celebrate the new state-of-the-art Infiniti Centre Openings across Europe. Oil has been contracted by OMD to develop and deliver the concept, initially in the UK with a view to rolling it out across Europe.

Oil has developed and put in a travelling installation of digital art works using the latest technology. In conjunction with this, Oil produced an iPad based voting and results display system, which allows visitors to the Infiniti Centres to vote on each piece.

Oil has also created a series of mini documentaries around each artist, a stand-alone film showcasing each art work and a 15 minute film overview of the digital art story.

Following the successful launch of the Infiniti Centres in Stockport and Leeds in October, the installation will now travel to Luxembourg and Marseille in early 2012 as well as  various motor shows in Europe.

Deborah White, CEO of Milestone Group PLC, commented:

"Today's announcement of the significant contract with OMD demonstrates Oil's compelling performance since they were acquired by Milestone earlier this year. This contract highlights that Oil not only collaborate on major UK brands but can deliver successful solutions for global blue chip companies."


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

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