Exercise of options

For immediate release

4 April 2014

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

Exercise of Options

The Directors of Minds + Machines Group Limited (AIM: MMX) announce the receipt of an Exercise Notice in relation to 3,000,000 share options issued in November 2007. Therefore, the Company will issue and allot 3,000,000 new Ordinary Shares of no par value ("Ordinary Shares") at £0.04 per share raising a total of £120,000. The monies will be used for general working capital purposes.

An application has been made for the 3,000,000 new Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM and trading in such shares is expected to commence on or around 10 April 2014.

Following the issue of the Ordinary Shares, the total number of shares in issue and the total number of ordinary shares in the Company with voting rights will be 828,558,522. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 Further Information:

Minds + Machines Group Limited

North America

Antony Van Couvering Tel: +1 310 452-1491

Beaumont Cornish Limited (Nomad) Tel: +44 (0)20 7628 3396

Roland Cornish / Michael Cornish

N+1 Singer (Broker)

Matt Thomas/Shaun Dobson Tel: +44 (0)20 7496 3000

gth media relations

Toby Hall/Suzanne Johnson Walsh Tel: +44(0)20 7822 7493/92

For further information, please go to www.mindsandmachines.com/investors

About Minds + Machines Group Limited

Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'new gTLD program'. The Company is one of the leading applicants for new gTLDs under this programme.

About Minds + Machines' Registry and Registrar operations

Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on Minds + Machines' registry and registrar operations can be found at www.mm-registry.com and www.mindsandmachines.com respectively.

ENDS