Treasury shares

MITON GROUP PLC ("the Company")

PURCHASE OF OWN SHARES

Miton Group plc ('MGR'), the AIM quoted fund management company, announces that it purchased 175,864 ordinary shares of 0.1 pence each in the Company ("Shares") at a price of 46 pence per Share yesterday. The Shares have been bought into Treasury by a Group company in order to satisfy the requirement to issue Shares to individuals under the deferred bonus scheme operated by the Group. Following the purchase of the Shares the Company has 19,256,436 shares in treasury. The total number of shares in issue is 164,090,850 and the total outstanding share capital of the Company less treasury shares is 144,834,414 Shares.

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For further information, please contact:

Miton Group plc

Ian Dighé, Executive Chairman Tel: 0118 338 4000

Roger Bennett, Company Secretary

Peel Hunt LLP (Nominated Adviser and Broker)

Guy Wiehahn / Harry Florry Tel: 020 7418 8900

MHP Communications

Reg Hoare / Simon Hockridge Tel: 020 3128 8100