Minoan Regulatory News (MIN)

2 April 2013 

Minoan Group Plc

("the Company" or "Minoan")

Grant of Options

Minoan Group Plc, the AIM listed travel and leisure company, has granted options ("Options") to subscribe for ordinary shares of 1p each ("Ordinary Shares") in the Company. The Options have been granted to replace options that expired on 31 December 2012. The maximum number of Ordinary Shares that may be subscribed for is 2,575,000 at a price of 7 pence per share. The Options may be exercised up to 31 December 2016.

Included in the Options referred to above are the following in respect of directors of the Company:

Note: Simmons International Limited, is a company which provides Mr C W Egleton's services to Minoan and in which he is a minority shareholder.

In addition to the above, Mr D C Wilson, whose Option to subscribe for a maximum of 200,000 Ordinary Shares also expired on 31 December 2012, has been granted an Option to subscribe for a maximum of 2,500,000 Ordinary Shares at a price of 1 pence per share, which may be exercised up to 31 December 2016. This Option has been granted to Mr Wilson in lieu of a bonus entitlement in relation to the successful completion of the first phase of Minoan's acquisition strategy for its travel and leisure business.

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