AGM Statement

Prime People PLC 30 April 2003 PRIME PEOPLE PLC AGM CHAIRMAN'S STATEMENT At today's Annual General Meeting of Prime People Plc, the Chairman, Richard Lee, made the following statement: For personal reasons, Mr. David Coubrough has decided to relinquish his position as Chief Executive of the Group. He will remain a non-executive director. Mr. Peter Hearn, currently a non-executive director, will become an executive director. Ms. Lesley Reynolds, currently Managing Director of Portfolio International Ltd, will become Chief Executive of that subsidiary. The current trading environment in the leisure and hospitality sectors has become more difficult during the course of the current year and as a consequence the Group expects to post a trading loss for its first half year to 30 June. Taken together with the contractual termination payment due to Mr. Coubrough, this will result in a significant loss for this period. 30th April 2003 Richard Lee 0207 520 5000 David Youngman 0161 832 6644 Chris Heayberd 0207 520 5000 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings