Contract Announcement

SpaceandPeople PLC
09 August 2007


Press Release                                                      9 August 2007

                               SpaceandPeople Plc
                                                                   
                      ('SpaceandPeople' or 'the Company')

                             Contract Announcement


SpaceandPeople Plc (AIM:SAL), which facilitates and manages the sale of
promotional space in malls and shopping centres, today announces that it has
signed a five year contract with ECE Projektmanagement GmbH ('ECE') of Hamburg
to exclusively manage, market and sell all promotional opportunities initially
in 55 shopping centers in Germany, this will increase to 67 in 2009.  The deal
will see the number of shopping centers that SpaceandPeople manage increase from
172 to 227.

SpaceandPeople expects that it will be able to start its German operations on
the 1st September 2007.

ECE is a leading European shopping centre business and has been developing,
planning, building, leasing and managing shopping centres since 1965.  The
shopping centres that SpaceandPeople will manage for ECE are almost exclusively
prestigious inner city venues within Germany's major cities and have large
footfalls in excess of 13 million per week combined.

Commenting on the deal Matthew Bending, Joint CEO of SpaceandPeople said:

'This contract is important.  In addition to adding 55 new centers to our
portfolio, it allows SpaceandPeople to export its unique business model to
Europe's largest market. We are delighted that ECE, a market leader has
recognised SpaceandPeople's expertise in mall promotions and we look forward to
working with them at this exciting stage of our markets development.'

                                    - Ends -

Enquiries:

 SpaceandPeople Plc
 Matthew Bending                                      Tel: [phone]
 [e-mail]                      www.spaceandpeople.com

 JMFinn Capital Markets
 Clive Carver                                         Tel: [phone]
 [e-mail]                                www.jmfinn.com


Media enquiries:

 Abchurch
 Charlie Jack / Emma Johnson                          Tel: [phone]
 [e-mail]                         www.abchurch-group.com


Notes to Editors

SpaceandPeople Plc (SAL.L) is a leading B2B provider which markets, sells and
administers promotional space in a variety of high footfall venues across the
UK.  The Company was founded in 2001 with the aim to enable shopping centre
professionals to centrally market, administer, promote and sell their
promotional mall space in an easily accessible and profitable way.  The team is
in constant dialogue with the UK's biggest brand owners, field marketing, PR and
sales promotion agencies to increase occupancy and the quality of promotions in
venues.

The Company's website, which is the UK's most comprehensive sales database of
Shopping Centre mall space and its dedicated call centre allows advertisers and
brands to book space for short-term retailing and experiential marketing
promotions on a national basis.  The service also aids management control,
minimises paperwork and releases administration on site.

SpaceandPeople listed on the AIM market in November 2004 and is included in the
FTSE Media sector.  Turnover for the year ended October 2006 increased by 37%,
to £1.9 million, generating a 48% increase in profit before tax to £455,000.

The combined footfall in SpaceandPeople's venue portfolio is now in excess of 40
million people a week in over 230 venues Europe wide.

Further information on SpaceandPeople Plc can be found at www.spaceandpeople.com


About ECE Projektmanagement GmbH ('ECE')

ECE has been developing, planning, building, leasing and managing shopping
centres since 1965. With a total of 90 shopping centres under management in
Europe of which 67 are in Germany the company is the European market leader in
the shopping centre sector. ECE specialise in creating each centre as a highly
complex and unique project.

Its tailored architectural designs range from historically oriented to
futuristic are developed by more than 300 experienced ECE architects and
construction engineers, as well as cooperating with star architects like
Professor Dr. Gunter Henn or Renzo Piano.  The sensitive and unique way it
integrates shopping centres in the city centre environment takes full account of
local interests and the existing local settings.



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