Notice to Shareholders

Unite Group PLC
15 November 2006



Date:                   15 November 2006
On behalf of:           The UNITE Group plc ('UNITE')


The UNITE Group plc



FORMATION OF UNITE UK STUDENT ACCOMMODATION FUND





The UNITE Group plc ('UNITE'), the UK's leading provider of student
accommodation, has today posted the circular to its shareholders in connection
with the formation of, and contribution of properties to, the UNITE UK Student
Accommodation Fund. The circular contains information regarding the transaction
and notice of an Extraordinary General Meeting to take place on 4 December 2006
at which UNITE's shareholders will be asked to vote to approve the transaction.



ENQUIRIES



The UNITE Group plc

Telephone: [phone]

Mark Allan/Tabitha Birchall



Notes to Editors:



UNITE is the UK's leading student hospitality company. Listed in the FTSE 250
index of the London Stock Exchange, the Group focuses on the provision and
management of high quality, well-located student accommodation and hospitality
services in strong higher education markets.



UNITE delivers the real student experience, whilst at the same time helping to
regenerate cities as part of the community and contributing to the improvement
of the country's housing.  It undertakes the planning, development and
management of sites, often working closely with the universities and colleges,
to deliver accommodation for students across all ages and nationalities.  UNITE
developments typically show high occupancy levels and robust rental growth as
demand continues to rise for places in UK Higher Education and for safe, high
quality accommodation for students.



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