TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Milestone Group PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights: Yes
3. Full name of person(s) subject to notification obligation:
Brookwell Limited
4. Full name of shareholder(s) (if different from 3):
Nortrust Nominees Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different):
26 June 2008
6. Date on which issuer notified:
26 June 2008
7. Threshold(s) that is/are crossed or reached:
4%
8: Notified Details
A: Voting rights attached to shares
Class/type Situation previous to
Of shares the Triggering transaction
Number of Number of
Shares voting rights
Ordinary shares nil nil
Resulting situation after the triggering transaction
Class/type Number Number % of voting rights
of of of
shares shares Voting
rights
Direct Direct Indirect Direct Indirect
Ordinary 1,150,000 1,150,000 nil 4.17% nil
Shares
GB0033127910
B: Financial Instruments
Nil
Total (A+B)
Number of voting rights Percentage of voting rights
1,150,000 4.17%
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:
N/A
10. Name of proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
Progressive AIM Realisation Limited is Investment Manager to Brookwell Limited
14 Contact name:
Anthony Lee
15. Contact telephone name:
020 7490 4355