Miscellaneous

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


                       Issue of options & issue of equity

Issue of options

The  Company announces that  on 15 August 2011 it  issued a total of 19,500,000
options  over ordinary shares in  the Company with an  exercise price of 1 penny
per  ordinary share, of which 13,500,000 options  have been granted to directors
of  the Company. In  each case, half  of the options  vest once the closing mid-
market  share price of the Company has been  more than or equal to 2 pence for a
period of 15 consecutive business days. The remainder vest once the closing mid-
market  share price of the Company has been  more than or equal to 3 pence for a
period  of 15 consecutive days. The options  are exercisable on or following the
first  anniversary of the date of issue  and will lapse on the tenth anniversary
of the date of issue.

Details  of the options issued to directors  of the Company and their respective
shareholdings are set out below.

Name of             Number of       % of Number of new Total options     Options
director          shares held     issued       options      now held   held as %
                                   share       granted                 of issued
                                 capital                                   share
                                                                        capital^


Deborah White      34,883,774     12.06%    6,000,000*     6,000,000       2.08%

Guy van             3,323,500      1.15%   2,500,000       2,500,000       0.86%
Zwanenberg

Anthony Moss                -          -     1,000,000     1,000,000       0.35%

David Hill          1,000,000      0.35%     4,000,000     4,000,000       1.38%


              ------------------------------------------------------------------
Total              39,207,274     13.56%    13,500,000    13,500,000       4.67%
              ------------------------------------------------------------------


^ based on issued share capital figure as stated below, pursuant to the issue of
equity
* these options have been issued under the Company's EMI scheme



Issue of Equity

The  Company has issued 2,976,500 new ordinary shares  at a price of 1 penny per
share  to certain creditors  in lieu of  £29,765 payable in  respect of services
performed to the Company.

Application will be made for the 2,976,500 new ordinary shares to be admitted to
trading  on AIM.  Trading in the new  ordinary shares is expected to commence on
or  around 22 August 2011. The new ordinary shares will rank pari passu with the
existing  ordinary shares.  Following the  issue of  equity, the enlarged issued
share  capital of the Company will  comprise 289,228,025 ordinary shares of 0.1
penny each.



For further information:

 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                               Tel: [phone]


 College Hill, PR
 Jamie Ramsay                                      Tel: [phone]








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Source: Milestone Group PLC via Thomson Reuters ONE

[HUG#1538559]