Top Level Domain Hldg : .garden and .yoga secured in private auction; .london successfully launched

The Directors of Minds + Machines Group Limited (AIM:MMX) are delighted to announce that following the private auctions held last week for .deals, .garden, .property and .yoga, the Company has secured the uncontested application rights for .garden and .yoga. The net cost to the Company for securing the sole application status for .garden and .yoga was approximately $5.97 million (circa £3.6 million), once the proceeds of the .deals and .property private auctions are taken into account. The above figure includes the rebates that the Company will receive from ICANN for withdrawing its applications for .deals and .property and commissions payable to the auctioneer.

The Directors believe that Minds + Machines' current portfolio of 28 uncontested applications in which it now has a commercial interest is one of the leading portfolios to have been developed through the new gTLD programme.

Fred Krueger, Chairman of Minds + Machines, commented:

.garden and .yoga are major asset wins for the Group as both represent activities that people are passionate about - we believe this will become an important factor in the adoption of new domains. We look forward to continuing to expand our portfolio through the private auction process while at the same time maintaining our cash reserves.

The Directors are also delighted to announce that .london, the new top-level domain of its client Dot London, successfully launched yesterday afternoon.

Minds + Machines is the commercial partner of Dot London and, through Minds and Machines Limited (UK), is the Registry Service Provider of the .london domain. Minds + Machines is also one of the official registrars through which businesses, organisations and individuals can now apply for a web address ending in .london. A full copy of Dot London's announcement can be accessed at http://www.dotlondondomains.london/2014/04/new-dot-london%E2%80%A6ns-of-interest/.

For further information, please go to www.mindsandmachines.com/investors

Minds + Machines Group Limited is a publicly traded holding company listed on the AIM market of the London Stock Exchange focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is currently expanding the number of new generic top-level domains from the current 23 to over 1000 through its 'new gTLD program'. The Company is one of the leading applicants for new gTLDs under this programme.

Minds + Machines' registry operations are provided through its wholly owned registry services provider, Minds + Machines LLC, which works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top-level domains (TLDs). In addition, the Group wholly owns Minds + Machines Registrar Limited (Ireland) and Minds and Machines Registrar UK Limited, both being registrar businesses through which the public can buy addresses in new and existing top-level domains. Further information on Minds + Machines' registry and registrar operations can be found at www.mm-registry.com and www.mindsandmachines.com respectively.