Transaction in Own Shares

For immediate release

1 October 2015

Minds + Machines Group Limited

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

Transaction in own shares

Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that further to the announcement on 22 September 2015 of a proposed share buy-back programme of up to £15 million over the following twelve months, the Company on 30 September 2015 purchased 1,195,000 ordinary shares at a price of 9.00 pence per ordinary share. The Company purchased these ordinary shares through N+1 Singer. The total cost (excluding dealing and associated costs) amounted to £107,550.

The purchased ordinary shares will currently be held in treasury and will not for the time being be cancelled. Accordingly, the number of ordinary shares admitted to trading on AIM will currently remain unchanged at 835,969,485.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following this announcement the Company will have 835,969,485 ordinary shares of no par value in issue, of which 1,445,000 will be held in treasury (representing 0.17 per cent. of the issued share capital). Therefore, the total number of voting rights in the Company will be 834,524,485; this figure may be used by shareholders 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

Antony Van Couvering Tel: +1 310 452-1491

Beaumont Cornish Limited (Nomad)

Roland Cornish / Michael Cornish Tel: +44 (0)20 7628 3396

N+1 Singer (Broker)

Shaun Dobson / Liz Yong Tel: +44 (0)20 7496 3000

gth media relations

Toby Hall Tel: +44 (0)7713 341072

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

About Minds + Machines

Minds + Machines (LSE:MMX) is a leading owner and operator of new generic Top Level Domains ("gTLDs"), and provides registry services to a range of high-profile clients. The Group also provides domain name services through its wholly owned registrar operations in the US and Europe. For more information on Minds + Machines and its services and companies within the Group, please go to http://investors.mindsandmachines.com.

ENDS