Completion of Acquisition

15 September 2014

Miton Group plc

Completion of the acquisition of Darwin Investment Managers Ltd

Miton Group plc ("Miton"), the AIM quoted fund management group, confirms that further to the announcement made on 9 June 2014, it successfully completed the acquisition of the entire issued share capital of Darwin Investment Managers Limited on 12 September 2014.

Initial consideration for the transaction is £1,351,900, of which part was satisfied by the issue of 1,655,424 ordinary 0.1p shares ("Shares") in the Company at a price of 42.4p per Share. These shares are subject to an orderly lock-in period of 12 months.

The new Shares will rank pari passu with the Company's existing issued Shares.

Upon Admission, which is expected on 18 September 2014, the Company's enlarged issued share capital will comprise 167,601,274 Shares. Of these 117,576 Shares are held in Treasury.

Total Voting Rights

The total voting rights of the Company are 167,483,698 Shares and this figure 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

ENDS

For further information, please contact:

Miton Group plc

Ian Dighé (Executive Chairman) 07785 703261

David Barron (Director - Product Strategy) 07909 527928

MHP Communications [email protected]

Gay Collins / Reg Hoare

/ Simon Hockridge / James Morgan 020 3128 8100

Peel Hunt (Nominated adviser and Broker) 020 7418 8893

Guy Wiehahn

www.mitongroup.com

Note to Editors:

Miton Group plc (referred to as the "Company", "Miton" or "Group"), is a leading multi-asset and equity fund management specialist. As at 30 June 2014 the Group managed £2.66 billion of assets including nine OEICs, three unit trusts, three investment trusts and segregated client accounts under the Miton and PSigma brands. Members of the fund management team invest in their own funds and are significant shareholders in the company.

David Jane has more than 27 years' experience in investment management. He was previously Head of Investments at M&G. Darwin Investment Managers (referred to as "Darwin", or "acquisition") was founded by David Jane in 2010 with the PFS Darwin Multi Asset Fund launched in June 2011.