Directorate change

MILESTONE GROUP PLC

                MILESTONE APPOINTS GUY VAN ZWANENBERG
                    AS CHIEF FINANCIAL CONTROLLER

AIM listed  Milestone ("Milestone"  or the  "Company") announces  the
strengthening of its management team with the appointment of Guy  van
Zwanenberg FCA C.Dir. as  chief financial controller ("CFC")  working
on a part-time basis.

Guy qualified with Thornton Baker  (now Grant Thornton), going on  to
work with  a number  of  companies including  Inmac UK,  the  leading
computer accessories supplier. In 1991 Guy established VZ Limited  to
provide financial  consultancy  services  to small  to  medium  sized
enterprises. Guy  was  the  Finance Director  of  GamingKing  plc,  a
supplier of lottery vending machines to clubs, from 1998 to 2006.  In
2008 Guy project managed  the reverse takeover  by GamingKing plc  of
the amusement machine supplier, Orb  Holdings Limited, to create  the
enlarged  gaming  services  group,  Sceptre  Leisure  plc,  where  he
continues to serve as a non-executive director and company secretary.

Ian Lodwick has resigned as part-time Finance Director with immediate
effect and his finance role will be covered by Guy van Zwanenberg and
Deborah White until  a replacement Finance  Director is appointed  to
the Board.

Milestone Chairman, John Sanderson, said:

"I am  delighted Guy  has agreed  to join  Milestone as  CFC.  Having
previously worked with Guy  at GamingKing I know  he is a  determined
operator with hands-on experience of growing small media  businesses.
One of Guy's first tasks will  be to spearhead the Board's review  of
strategy including working  with the Company's  advisers to  complete
the review of the existing local TV business now under way. The Board
is determined to explore all avenues to deliver value to shareholders
and I  look forward  to working  with  Guy as  the Company  seeks  to
finalise its funding plans and future development strategy.

"I would also like to take this opportunity to thank Ian Lodwick  for
his work  as Finance  Director and  to wish  him well  following  his
decision to leave Milestone to concentrate on other projects."

The Board  of Milestone  comprises  John Sanderson  as  Non-executive
Chairman and Deborah White as Executive Director combining the  roles
of Chief  Executive and  Finance Director  on an  interim basis.  The
Directors intend to make further appointments to the Milestone  Board
in due course.


FOR FURTHER INFORMATION:

Milestone
Deborah White, Executive Director
Tel: [phone]

Arden Partners plc
Richard Day / Adrian Trimmings
Tel: [phone]

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