Analyst & Investor Site Visit

Inspace Plc 21 November 2006 Press Release 21 November 2006 Inspace plc ('Inspace' or 'the Company') Analyst and Investor Site Visit Inspace plc (AIM:INSP), one of the UK's leading specialist service providers to the social housing market, is today hosting a site visit for analysts and investors at the Company's branch in Bow, East London. The purpose of the visit is to provide an opportunity to gain a broader understanding of the newly acquired social and affordable housing activities in the context of the enlarged Inspace group. The site tour will include a review of completed and ongoing work carried out in partnership with Circle Anglia, one of the largest social housing landlord's in the UK. No new trading or financial information will be made available during the visit. - Ends - Enquiries Inspace plc Andrew Telfer, Chief Financial Officer Tel: +44 (0) 1462 678 910 andrew.telfer@inspace.co.uk www.inspace.co.uk Seymour Pierce Mark Percy, Corporate Finance Tel: +44 (0) 20 7107 8000 markpercy@seymourpierce.com www.seymourpierce.com Media enquiries: Abchurch Henry Harrison-Topham Tel: +44 (0) 20 7398 7700 henry.ht@abchurch-group.com www.abchurch-group.com Notes to editors Inspace plc is a property based support services group, and one of the UK's leading specialist service providers to the social housing market. Subsequent to the completed acquisition of Widacre Limited on 31 August 2006, Inspace now has three complementary areas of activity: Social Housing, Affordable Housing and Corporate Assets. Social Housing - creating and maintaining sustainable homes The division is one of the UK's leading specialist support service providers to social housing landlords through long term framework contracts. Its services comprise major 'repair and maintenance', 'stock reinvestment' and new build programmes for local authorities, Arms Length Management Organisations (ALMO) and Registered Social Landlords (RSLs). Total spending on social housing is currently around £14 billion per annum, of which around £10.3 billion is spent on repair, maintenance and improvement. Of this, £4 billion is spent on ongoing repair and maintenance, with the remaining £6 billion being spent on capital projects such as major refurbishment and improvement. This includes a contribution of between £1 billion and £2 billion a year from the Decent Homes initiative. The provision of new housing, which is currently running at around 35,000 units a year, adds a further £3.5 billion to this sum. Affordable Housing - developing integrated communities The Affordable Housing division specialises in the provision of low cost homes for sale in partnership with RSLs, usually alongside social housing built by the Social Housing division, as part of more extensive mixed tenure schemes. It has already established a number of joint venture companies with RSLs and through its involvement in the Key London Alliance consortium, has been appointed to provide mixed tenure developments under the Government's London Wide Initiative. Corporate Assets - improving and maintaining public and private real estate The Corporate Assets division provides a comprehensive repair, maintenance, capital works and interior design service across public and private sector non-residential real estate. It delivers 24/7 integrated maintenance services across England, Scotland and Wales through its national network of branches and 'home based' mobile engineers. Its specialist design-led service offers customers an integrated interior design, installation and furnishing 'one stop' solution. Further information on Inspace can be found at www.inspace.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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