Director appointed to Loyalward Limited

8 April 2015

Minoan Group Plc

(or "the Group")

Director appointed to Loyalward Limited

Minoan Group Plc is pleased to announce the appointment, with effect from 7 April 2015, of Mr Nicholas Day as a director of Loyalward Limited, its Project owning subsidiary company.

As a Director of WT Partnership, Nick Day has nearly 30 years' experience in major property and construction projects around the world. During this period he has specialised in business development, acquisitions and disposals as well as financing with numerous institutions in Europe and the Middle East. His wealth of experience will be invaluable in the Group's discussions with Joint Venture and other Partners and Investors.

Christopher Egleton, Minoan Chairman, commented:

"I am delighted to welcome Nick to our team. His particular expertise and personal contacts with potential major investors and partners will be of great value as the Project enters the most significant phase of its history".

As announced on 1 April 2015, Nicholas Day is a significant shareholder in Minoan Group Plc.

For further information visit www.minoangroup.com or contact: