Sch 1 Update - Prime People

AIM
18 June 2004


        ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION 
                       IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Prime People plc


COMPANY ADDRESS:
5 Bream's Buildings, Chancery Lane, London


COMPANY POSTCODE:
EC4A 1DY


COUNTRY OF INCORPORATION:
England & Wales


COMPANY BUSINESS:
Provision of a range of support services to a client base principally focussed 
in the leisure and hospitality sector.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, 
nominal value and issue price to which it seeks admission and the number and 
type to be held as treasury shares): 36,846,692 (thirty six million, eight 
hundred and forty six thousand, six hundred and ninety two) Ordinary Shares
of 1p each


CAPITAL TO BE RAISED ON ADMISSION:
Nil


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Richard E M Lee (Non-Executive Chairman)
Peter J Hearn (Executive Director)
Christopher I Heayberd (Finance Director)
David C Coubrough (Non-Executive Director)


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A 
PERCENTAGE OF THE ISSUED SHARE CAPITAL STATING WHETHER BEFORE OR AFTER 
ADMISSION:
Before Admission the following persons are interested in 3% or more of the 
issuer's capital:

PSD Group plc (held in the name of Codeissue Limited (29.49%)
City of London PR Group plc (11.66%)
Mrs M Lee (6.72%)
R J Hornbuckle (5.83%)
J W Greenhalgh (3.03%)


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
2, PARAGRAPH (G) OF THE AIM RULES:Not appropriate


ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December


EXPECTED ADMISSION DATE:
22 June 2004


NAME AND ADDRESS OF NOMINATED ADVISER:
W.H.  Ireland Limited
11 St James's  Square
Manchester
M2 6WH


NAME AND ADDRESS OF BROKER:
W.H. Ireland Limited
(Address as above)


DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE 
AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS 
SECURITIES:
Not applicable
DATE OF NOTIFICATION:
18 June 2004
NEW/ UPDATE (see note):
Update
QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE 
BEEN TRADED:
The Official List of the UK Listing Authority


THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:
23 May 1995


CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED 
TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES 
TRADED UPON SUCH A MARKET:

Prime People plc is aware of minor breaches of regulatory requirements involved
in having its securities traded on the Official List of the UK Listing
Authority.  However these breaches are not considered material in the context of
the Company's application for admission to AIM.  In all other material respects,
the Company has complied with all relevant legal and regulatory requirements
involved in the having its shares traded on the Official List of the UK Listing
Authority

AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE 
APPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS 
SECURITIES SO TRADED) ARE AVAILABLE:

This information is available free of charge on the website of W. H. Ireland 
Limited (http://www.wh-ireland.co.uk/corporatefinance/?page=primePeople)


DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE 
OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY:

Prime People plc proposes to pursue its existing business and look for 
opportunities to broaden its business base.


A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE 
APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR 
WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:

Not applicable


A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT 
THE WORKING CAPITAL AVAILIABLE TO
IT OF ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF 
ITS ADMISSION:

The Directors of the Company have no reason to believe that the Group's working 
capital will be insufficient for at least twelve months form the expected 
admission date stated above.


DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:
Not applicable


A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:

Transfers of the shares in the Company are settled through CREST and in 
certificated form.


A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:

This information is available free of charge on the website of W. H. Ireland 
Limited (http://www.wh-ireland.co.uk/corporatefinance/?page=primePeople)


INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT 
CURRENTLY PUBLIC:

Not applicable.

A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND 
ACCOUNTS WHICH MUST HAVE A FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO 
ADMISSION.  THE ACCOUNTS MUST BE PREPARED ACCORDING TO UK OR US GAAP OR 
INTERNATIONAL ACCOUNTING STANDARDS.

This information is available free of charge on the website of W. H. Ireland 
Limited (http://www.wh-ireland.co.uk /corporatefinance/?page=primePeople)


THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY.
Not applicable


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