Minoan Group PLC
14 March 2008
14 March 2008
MINOAN GROUP PLC
('Minoan' or 'the Company')
Appeal Hearing
and
Publication of National Land Plan
Appeal Hearing
The Board of Minoan, the AIM-quoted leisure resort developer, has been advised
that the hearing of the appeal lodged against the Greek Government's approval
of the Company's Environmental Impact Assessment has been postponed by the
Court to 9 May 2008.
National Land Plan
The Board of Minoan also notes the recent announcement of the National Land
Plan by the Greek Ministry of Planning and the Environment. The Plan has been
approved by Government Committee and is scheduled to be submitted to Parliament
during the current session.
The National Land Plan will be the framework that, along with the Special Land
Plan for Tourism, will 'attract tourism investments important for the national
economy' while achieving 'integrated...sustainable development of the
country,...and the protection of the national and cultural environment'.
The Special Land Plan for Tourism, which has already been through a public
consultation period, provides specifically for 'complex and integrated tourism
developments' creating high quality destinations that will contribute to the
enrichment of the country's tourism product.
Cavo Sidero is a project actively promoting these policies.
For further information visit www.minoangroup.com or contact:
Christopher Egleton Minoan Group Plc 07808 722022
Bill Cole Minoan Group Plc 01689 897397
Jeremy Garrett-Cox/Nicola Marrin Seymour Pierce Limited 020 7107 8000
Nick Rome/Nick Farmer Bishopsgate Communications Ltd 020 7562 3350
Alan Frame Westport Communications Ltd 020 7404 7878
This information is provided by RNS
The company news service from the London Stock Exchange
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