Investor Visit

Unite Group PLC 25 June 2004 Date: 25 June 2004 On behalf of: The UNITE Group plc ('UNITE') Embargoed until: 0930hrs The UNITE Group plc Investor Visit Today, UNITE, the UK's largest provider of student accommodation, will be hosting a visit for investors to its properties in Glasgow, where it operates a total of 1,068 student beds. A further visit, to view the Group's Liverpool operations, is also planned for Friday 2nd July. As part of the presentations made to investors during the day, an update will be given on the following: • Marketing of UNITE's portfolio for the forthcoming academic year is progressing well and reservations performance is again strong. The directors are particularly pleased that, with the Group's direct let portfolio having grown by 28% year on year, 80% of its total available rooms have already been reserved for 2004/05. This compares to 82% at the same time last year, when a greater proportion of reservations were secured through leases or nominations agreements. Reservations across the mature portfolio (excluding properties opening for the first time in September 2004) stand at 82%. • The Group has been particularly successful in increasing the number of 50 - 52 week tenancies sold. This is a key element in UNITE's strategy for driving rental growth and profitability. To date the Group has secured 3,468 of these longer tenancies, representing 35% of the core direct let portfolio available for such lets and a twofold increase over the proportion sold last year (17%). • Acquisition and development activity is continuing and the Group remains on track to deliver approximately 5,000 beds for occupation in 2005. The development pipeline beyond 2005 is also strong with a similar number of beds anticipated for delivery in 2006. Except as mentioned above, no other material information will be provided to investors. Enquiries: The UNITE Group plc Nicholas Porter, Chief Executive Officer Tel: 020 7902 5055 Mark Allan, Group Finance Director Redleaf Communications Ltd Tel: 020 7955 1410 Emma Kane Mob: 07876 338339 Further information on UNITE is available at www.unite-group.co.uk This information is provided by RNS The company news service from the London Stock Exchange FE

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