Appeal Hearing

Minoan Group PLC 09 May 2008 9 May 2008 MINOAN GROUP PLC ('Minoan' or 'the Company') Appeal Hearing Appeal Hearing The Board of Minoan, the AIM-quoted leisure resort developer, announces that the Court has today postponed the hearing of the appeal lodged against the Greek Government's approval of the Company's Environmental Impact Assessment to 7 November 2008. National Land Plan The Board notes that the National Land Plan previously referred to has now been formally submitted to the Greek Parliament for approval and is currently going through the parliamentary process. Minoan Chairman, Christopher Egleton commented: 'While the directors are disappointed with this further delay in the hearing of the appeal, we are encouraged that the National Land Plan has been submitted as expected. The importance of integrated, sustainable tourism developments to the Greek economy has been well recorded and, as noted by the Minister of Environment, Physical Planning and Public Works, the National Land Plan represents 'one of the most essential structural changes' to have taken place in Greece over the last decades. It provides the framework which will allow such developments to proceed, while protecting the national and cultural environment. Cavo Sidero fulfils all the requirements of such a development, being firmly based upon the principles of sustainability'. For further information visit www.minoangroup.com or contact: Christopher Egleton Minoan Group Plc 07808 722022 Bill Cole Minoan Group Plc 01689 897397 Jeremy Garrett-Cox/Nicola Marrin Seymour Pierce Limited 020 7107 8000 Nick Rome/Nick Farmer Bishopsgate Communications Ltd 020 7562 3350 Alan Frame Westport Communications Ltd 020 7404 7878 This information is provided by RNS The company news service from the London Stock Exchange

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Minoan Group (MIN)
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