Issue of Equity

4 May 2007 12:01

Minoan Group PLC04 May 2007 Minoan Group Plc ("Minoan" or "the Company") Share Issue Minoan Group Plc today issued 1,521,441 New Ordinary Shares at 100 pence pershare in accordance with the terms of the contracts for the services of certaindirectors, as noted previously in the Company's Report and Accounts. Following these issues, the total number of Ordinary Shares in issue is49,323,292 of which the total Directors' beneficial holdings are 3.95%. Application will be made for the 1,521,441 New Ordinary Shares to be admitted totrading on AIM. It is expected that the admission will be effective from 11 May2007. For further information visit www.minoangroup.com or contact: Bill Cole Minoan Group Plc 01689 897397Geoff Nash J M Finn & Co 020 7628 9688 This information is provided by RNS The company news service from the London Stock Exchange