28 July 2016

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

H1 Update and Notice of Interim Results

Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that the Group's unaudited interim accounts for the six months ended 30 June 2016 will be published on 20 September 2016.

During the first half ("the Period"), transformational progress has been made by the Company:

·    billings have increased over 300 per cent. to US$8.05million from US$2million for the same period last year;

·    domains under management ("DUMs") have grown by 236 per cent. to 728,940 as of 30 June 2016 compared to 217,200 as of 30 June 2015; and

·    operating expenses have been significantly reduced as a result of the decisive cost-cutting and restructuring implemented by the new leadership team.

Toby Hall, CEO of MMX, commented:

"We are seeing exceptional growth in the new gTLD market. The new management team's dual-track strategy of launching our portfolio into those markets experiencing greatest growth whilst stream-lining the Group into a pure-play registry is already paying dividends. We have every reason for optimism and excitement as we rapidly transition from historic operating losses to operational profitability in this fast growing industry."

Analysts' Briefing

An analyst briefing will be held on 20 September 2016 at 10.30am at the offices of N+1 Singer, 1 Bartholomew Lane, London EC2N 2AX. Analysts who wish to attend should email irdesk@mmx.co to register.

Further Information:

Minds + Machines Group Limited

Toby Hall (CEO)                                            Tel: +44 (0)7713 341072

toby@mmx.co

Michael Salazar (COO/CFO)                         Tel: +1 (424) 214-7908

michael@mmx.co

N+1 Singer (Nomad and Broker)

Shaun Dobson / Liz Yong                              Tel: +44 (0)20 7496 3000

For further information, please go to www.mmx.co

About MMX

Minds + Machines Group Limited (LSE:MMX) is the owner and operator of a world class portfolio of top-level domain assets (gTLDs). As a sales and marketing-led registry business, we are focused on commercializing our portfolio in partnership with our expanding global network of distribution partners.

The MMX portfolio is currently focused around geographic domains (e.g. .london, .boston, .miami, .bayern), professional occupations (e.g. .law, .abogado, and .dds), consumer interests (e.g. .fashion, .wedding, .vip), lifestyle (e.g. .fit, .surf, .yoga), outdoor activities (e.g..fishing, .garden, .horse) and generic names such as .work and .casa. As a business, we work through our expanding international network of registrars and distribution partners to bring the benefits of affinity based domain addresses to B2B and consumer audiences. For more information on MMX, please visit www.mmx.co.

ENDS