Four New Contracts for Oil Productions

 MILESTONE GROUP PLC

                     Four New Contracts for Oil Productions


Milestone  Group PLC ("Milestone"  or the "Company"),  the AIM quoted (AIM: MSG)
provider  of digital  media and  technology solutions,  is pleased to announce a
number  of new contracts signed by  its wholly owned subsidiary, Oil Productions
Limited ("Oil").

Oil,  the multi-platform  digital media  design studio,  has launched its latest
iPhone  App "Magpie  by Conran"  for the  Conran Group.  The App, which has gone
live, is designed to allow ideas to be shared and collated by anyone involved in
creative  decision making from designers and  architects to wedding planners and
home  improvers.  The  "Magpie  by  Conran"  app reached number 1 in the utility
sector of the app store.

Scholastic, publishers of the hugely successful children's show "Horrible
Histories", has engaged Oil to develop a gaming strategy and a series of games
for The Horrible Histories virtual world. The team see this as an ongoing
relationship, giving Oil the opportunity to work with Scholastic to create a
multi-platform strategy which will allow for further opportunities to create
apps and games and exploit the format in other ways.

Oil  is developing  a new  multi-platform food  format, which  currently has the
working  title "App.etite", for publisher Eyemedia Ltd. The show will run across
iPad,  iPhone and online. It employs the talents of Angela Hartnett, chef of the
year,  as well as a suite  of tools that allow recipes  to be grabbed and stored
whilst  watching  TV  food  shows.  The  format  is  scheduled to launch in late
October.

Finally, Oil has also partnered with new agency Heretic to develop a digital
format for games publisher Activision. This will help to inform their internal
team about the power of digital media.

Deborah White, Chief Executive Officer of Milestone, said:

"This  is an interesting time for  Milestone following the recent acquisition of
Oil.  They are an exciting  team with some great  ideas on how to develop multi-
platform  strategies  for  their  clients.  These  contracts  show  some  of the
diversity  of the offering available at Oil  and we look forward to helping them
develop their client base."

Mike Bennett, Director of Oil, commented:

"It  is great  to announce  four new  contracts with  established and well known
businesses  that  clearly  showcase  the  high  quality  work we produce for our
clients  and the  solutions we  can deliver.  Businesses understand  the need to
interact  through digital channels and  our low-cost, high-value approach allows
them to achieve that."

Roger Mavity, Chief Executive Officer of Conran Group, said:

"We  wanted  to  communicate  the  extraordinary  range  of design work we do at
Conran,  from saucepans to skyscrapers. But we wanted to do it in a human rather
than corporate tone, and Oil were great partners in realising that ideal."


For further information:

 Milestone Group PLC

 Deborah White, Chief Executive   Tel: [phone]




 College Hill, PR
 Jamie Ramsay                     Tel: [phone]








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Source: Milestone Group PLC via Thomson Reuters ONE

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