Further re warrants - amendment of terms

MILESTONE GROUP PLC
("Milestone" or the "Company")

Warrants - amendment of terms

Further to the announcement made 5 July 2012 in relation to the proposed alteration of terms of the warrants, the board confirms that warrant holders have consented to the alteration.

Therefore the warrants issued pursuant to the announcement on 15 August 2011 which are exercisable at a price of 1.75 pence, may now be exercised up until 15 August 2013, and the warrants exercisable at 2.25 pence, may now be exercised up until 15 August 2014.  All other terms of these warrants remain unchanged.

Enquiries:

Milestone Group PLC
Deborah White, Chief Executive	Tel: [phone]
Cairn Financial Advisers LLP, Nominated Adviser Liam Murray / Avi Robinson	Tel: [phone]
Hybridan LLP, Broker Claire Louise Noyce / Deepak Reddy	Tel: [phone]

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Milestone Group PLC via Thomson Reuters ONE

HUG#1625610