Result of AGM

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


                            Result of AGM


AIM listed Milestone Group PLC (the "Company") announces that, at its
Annual General Meeting ("AGM") held earlier today, all resolutions
proposed (as set out in the Notice of AGM dated 30 March 2009) were
duly passed on a show of hands.

The valid proxy votes lodged prior to the AGM were as follows:-


+-------------------------------------------------------------------+
| ORDINARY BUSINESS              | FOR         | AGAINST | WITHHELD |
|--------------------------------+-------------+---------+----------|
| 1. To  adopt  the  report  and |  44,221,580 |  0      | 0        |
| accounts                       |             |         |          |
|--------------------------------+-------------+---------+----------|
| 2.  To  re-appoint  BDO   Stoy |  44,221,580 |  0      | 0        |
| Hayward LLP as auditors        |             |         |          |
|--------------------------------+-------------+---------+----------|
| 3. To  re-elect  Deborah  Jane |  44,221,580 |  0      |  0       |
| White as a director            |             |         |          |
|--------------------------------+-------------+---------+----------|
| SPECIAL BUSINESS               |             |         |          |
|--------------------------------+-------------+---------+----------|
| 4. To grant the directors  the |  44,220,974 |  606    |  0       |
| authority  to  allot   limited |             |         |          |
| shares                         |             |         |          |
|--------------------------------+-------------+---------+----------|
| 5. To authorise the  directors |  44,220,974 |  0      |  0       |
| to allot limited shares for    |             |         |          |
| cash   disapplying   statutory |             |         |          |
| pre-emption rights             |             |         |          |
|--------------------------------+-------------+---------+----------|
| 6. To  approve  amendments  to |  44,221,580 |  606    |  0       |
| the articles of association    |             |         |          |
|--------------------------------+-------------+---------+----------|
| 7. To  approve the  repurchase |  44,220,974 |  606    |  0       |
| of the deferred shares         |             |         |          |
+-------------------------------------------------------------------+


Notes:

1. The full resolutions are set out in the Notice of AGM a copy of
which is available from the Company website: www.milestonegroup.co.uk

2. Following the admission of 6,957,004 ordinary shares to trading on
AIM (the allotment of which has been previously announced and the
admission of which is expected to take place tomorrow) there will be
76,263,573 ordinary shares in issue. All of the issued deferred
shares were purchased by the Company and immediately cancelled
following the conclusion of the AGM.


FOR FURTHER INFORMATION

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

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

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