MILESTONE GROUP PLC
("Milestone" or the "Company")
Director Change
The Board of AIM quoted Milestone, the provider of digital media and technology
solutions, announces the resignation of John Sanderson as Chairman with
immediate effect.
Deborah White, the Company's CEO, will assume the position as interim Chairman.
Deborah White commented: "Traditional business models in the media industry have
been significantly affected by the pace of the digital revolution, resulting in
a prolonged period of strategic review for Milestone. Following the successful
completion of this strategic review, which has resulted in the rebranding and
repositioning of the Milestone Group within the media sector, John has decided
to concentrate his efforts on his other numerous business interests. We would
like to take this opportunity to thank John for all his efforts and support as
Chairman, and we wish him well for the future.
"Milestone, with the support of our new advisory team and following a number of
key internal appointments, is now well positioned within the digital
marketplace."
For further information:
Milestone Group Tel: 020 7929 7826
Deborah White, Chief Executive
Strand Hanson Limited Tel: 020 7409 3494
Richard Tulloch / David Altberg
Hybridan LLP Tel:020 7947 4004
Claire Louise Noyce / Stephen Austin
[HUG#1380701]