MINOAN GROUP PLC

("the Company")

Significant Shareholding

Minoan Group Plc has today been notified that Mr M Dvorkin and Mrs L Dvorkin together are the beneficial holders of a total of 12,527,327 ordinary shares of 1p each ("Ordinary Shares") in the Company, which represents 5.90% of the total 212,223,442 Ordinary Shares currently in issue.

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The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.