(MSG) Milestone Group

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

Directorate Change

Milestone, the AIM quoted (AIM: MSG) provider of digital media and technology solutions, is pleased to announce the appointment of Anthony Sanders to the Executive Board as Technical and Development Director.

Anthony has over 30 years of experience within the IT and telecoms arena with organisations such as British Telecom, Thorn EMI, Hill Samuel and latterly Phoenix IT Plc.

Since 1997, Anthony has focussed on developing IT businesses within the Business Continuity and IT services arena. He was founding director of Assurity Europe Ltd and oversaw its growth and subsequent sale to the ICM Computer Group Plc, where he took up the role of Technical and Operations director.  Most recently Anthony was Technical and Development director for ICM (Phoenix IT Group Plc) where he was responsible for the strategic development of the business and overseeing the product development of a number of award winning products.

Anthony John Sanders, age 46, has held the following directorships:

Further to the issue of equity announcement made on 28 December 2011, Anthony Sanders has a beneficial interest in 1,500,000 ordinary shares of the Company, representing approximately 0.50 per cent. of the issued share capital of the Company.

Save as set out in this announcement, there are no other disclosures in respect of this appointment that fall to be made under Rule 17 or paragraph (g) of Schedule 2 to the AIM Rules for Companies.

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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:

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