Directorate Change

The Company announces that it proposes to appoint Sean Sydenham, who is currently engaged as an adviser to the Company on a consultancy basis, as Non-Executive Director to the Company. Sean will join the Milestone Board subject to completion of the normal regulatory due diligence, and a further announcement will be made in due course.

David Hill, Non-Executive Director of Milestone, has decided to step down from the board to focus upon his other business interests. The Board wishes to record its thanks to Mr. Hill for his services to the Company since joining in 2011.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information:

Milestone Group PLC 
Deborah White, Chief ExecutiveTel: 0207 929 7826
Cairn Financial Advisers LLP, Nominated Adviser 
Liam Murray/Sandy JamiesonTel: 0207 213 0880
Hybridan LLP, Broker
Claire Louise NoyceTel: 0203 764 2341
Walbrook PR Limited, PR
Gary Middleton/Paul Cornelius/Paul WhittingtonTel: 0207 933 8780