Issue of Equity and Total Voting Rights

MILESTONE GROUP PLC

                          "Milestone" or the "Company"

                    Issue of Equity and Total Voting Rights

Issue of Equity

Milestone,  the AIM quoted  (AIM: MSG) provider  of digital media and technology
solutions,  announces that it  has agreed to  issue 6,200,000 ordinary shares of
0.1 pence  each in the capital of the  Company ("Ordinary Shares") at a price of
1 penny  per Ordinary  Share, raising  £62,000. The  Company has  also agreed to
issue  a further  1,750,000 Ordinary Shares  at a  price of 1 penny per Ordinary
Share  to certain creditors in lieu of £17,500.00 payable in respect of services
provided for the Company.

Despite  the Company's current  liability position being  reduced as a result of
the  issue of  equity, the  Company continues  to be  reliant on  its ability to
manage the timing of settlement of its liabilities and further fundraisings will
be required in the short term.

Application  will be  made for,  in aggregate,  7,950,000 Ordinary Shares  to be
admitted  to trading on AIM,  which is expected to  occur on or around 5 January
2012.  The  new Ordinary Shares will rank  pari passu with the existing Ordinary
Shares of Milestone.


Total Voting Rights

In   accordance   with   the   Financial  Services  Authority's  Disclosure  and
Transparency  Rules, following  the issue  of equity,  the Company  will have in
issue  297,178,025 ordinary shares  of 0.1 pence  each, each  share carrying the
right to one vote. The Company does not hold any ordinary shares in treasury.

The  above figure of 297,178,025 ordinary shares  may be used by shareholders in
the Company as the denominator for the calculations by which they will determine
if  they are required to notify their interest in, or a change to their interest
in,  the share capital  of the Company  under the Financial Services Authority's
Disclosure and Transparency Rules.

So  far as the Company  is aware and subject  to any new notifications received,
the  following  persons  will  have  a  notifiable  interest in the issued share
capital of Milestone following this issue of Ordinary Shares:

 +-------------------------+----------------------+---------------------+
 |                         |      Current holding |   Resultant holding |
 +-------------------------+----------------------+---------------------+
 | Deborah Jane White      |  34,883,774 (12.06%) | 34,883,774 (11.74%) |
 +-------------------------+----------------------+---------------------+
 | HBS 049 Limited         |  30,000,000 (10.37%) | 30,000,000 (10.09%) |
 +-------------------------+----------------------+---------------------+
 | Cormac Crawford         |   18,954,772 (6.55%) |  18,954,772 (6.38%) |
 +-------------------------+----------------------+---------------------+
 | BGP Global Services Ltd |   15,590,909 (5.39%) |  15,590,909 (5.25%) |
 +-------------------------+----------------------+---------------------+
 | Martin King             |   13,667,049 (4.73%) |  13,667,049 (4.60%) |
 +-------------------------+----------------------+---------------------+
 | Lynchwood Nominees Ltd  |    9,083,489 (3.14%) |   9,083,489 (3.06%) |
 +-------------------------+----------------------+---------------------+




For further information:


 Milestone Group PLC                                 Tel: [phone]
 Deborah White, Chief Executive



 Cairn Financial Advisers LLP, Nominated Adviser     Tel: [phone]
 Liam Murray / Avi Robinson



 Hybridan LLP, Broker                                Tel: [phone]
 Claire Louise Noyce / Tim Goodman / Deepak Reddy



 College Hill, PR                                    Tel: [phone]
 Jamie Ramsay










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#1573970]