Appointment of Financial PR

Minoan Group PLC 24 September 2007 MINOAN GROUP PLC ('Minoan' or 'the Company') APPOINTMENT OF FINANCIAL PR ADVISER Minoan, the AIM quoted-leisure resort developer, announces the appointment of Bishopsgate Communications Ltd. ('Bishopsgate') as its Financial PR adviser, with immediate effect. Bishopsgate has been appointed to manage the Company's strong news flow and to increase awareness among private investors, journalists and private client brokers. Bishopsgate will work closely with Westport Communications to strengthen Minoan's brand name and investment profile as it continues to develop the Cavo Sidero resort. This will be one of the largest resorts of its kind in Europe, creating an environmentally friendly, year-round holiday and leisure destination for discerning visitors from across the world. Project Development The first phase of Minoan's architectural competition for the master plan of ' Grandes Bay' - Cavo Sidero's first tourism village - has been completed. The brief focused on the architectural and cultural components of a Cretan village; the principles of sustainable development; and the need for energy and water conservation - key criteria for the resort's development. The Cavo Sidero scheme will comprise five low-density clusters of luxury hotels, villas, townhouses and apartments, all with access to extensive sports, entertainment, restaurant and retail amenities. For further information visit www.minoangroup.com or contact: Christopher Egleton Minoan Group Plc 07808 722022 Bill Cole Minoan Group Plc 01689 897397 Geoff Nash JMFinn Capital Markets 020 7600 1658 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 FSWSEFU

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Minoan Group (MIN)
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