Disposal

Milestone Group PLC
28 February 2006


For Immediate Release                                           28 February 2006


                         MILESTONE GROUP PLC 'Milestone'

                                    Disposal

Further to the announcements of 1 February 2006 and 17 February 2006, Milestone
announces completion of the disposal of its 52 per. cent controlling
shareholding in Rugby Broadcasting Company Limited (trading as Rugby FM) to CN
Group Limited for a total cash consideration of £644,961.20.

Chief Executive, Andy Craig, said:

'Today sees Milestone complete the sale of its remaining non wholly-owned
interests. As previously advised, the Board is now pursuing its stated strategy
of maximising shareholder value from its wholly-owned assets.'



For further information:

Milestone                           Tel: [phone]
Andy Craig / Daniel Cass

Buchanan Communications             Tel: [phone]
Bobby Morse / Suzanne Brocks




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