Minoan Regulatory News (MIN)

30 September 2011

MINOAN GROUP PLC

(the "Company" or "Minoan")

Notice of General Meeting, Admission Document and

Restoration of Trading on AIM

Following the announcement by the Company on 12 September 2011 and the subsequent temporary suspension of trading on AIM, Minoan Group Plc announces that a General Meeting will be held at the offices of Seymour Pierce Limited, 20 Old Bailey, London, EC4M 7EN on 17 October 2011 at 11.30 a.m.

The purpose of the General Meeting is to seek shareholder approval for the acquisition of John Semple Travel Limited ("Semple"), which constitutes a reverse takeover under the AIM Rules and is therefore conditional, inter alia, upon such approval, and to provide the Board with the authorities to create securities of Minoan in order to complete the above acquisition and with the freedom to continue the acquisition programme envisaged as part of the Travel and Leisure business, or to take advantage of opportunities that arise.

An admission document giving details of the proposals and incorporating a notice convening the General Meeting will be posted to shareholders today and will be available on the Company's website www.minoangroup.com with effect from close of business today.

Consequently, the Company's ordinary shares will be restored to trading on AIM at 07:30 a.m. on Monday 3 October 2011.

Christopher Egleton, Minoan Chairman, commented:

"Completing the acquisition of Semple will provide critical mass to our Scottish operations. We are very excited by the growth prospects in the travel and leisure sector and believe this latest acquisition will provide the strong foundations from which we hope to establish further clusters. We look forward to updating the market with further developments in due course."

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