Result of Placing

Unite Group PLC
17 November 2005

                                                               17 November 2005



   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
                           CANADA, AUSTRALIA OR JAPAN

This press release does not represent an offer of securities for sale in the
United States, and the securities may not be offered in the United States absent
registration or an exemption from registration.  Members of the public are not
eligible to take part in the Placing.  This press release (including the terms
and conditions in the appendix attached) is directed only at Investment
Professionals (as defined in article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the 'Order') or persons who fall
within article 49(2)(a) to (d) ('high net worth companies, unincorporated
associations, etc') of the Order. This announcement, the appendix and the terms
and conditions set out in the appendix must not be acted on or relied on by
persons who are not either Investment Professionals or persons who fall within
article 49(2)(a) to (d) of the Order.





The UNITE Group plc ('UNITE')



Result of placing



Further to the announcement ('Announcement') made earlier today regarding the
Placing of new ordinary shares ('New Ordinary Shares') in UNITE, the Placing
Price and issue size have now been determined following the successful
completion of the bookbuilding process.



The Placing Price was set at 330 pence per New Ordinary Share and 9,393,939 New
Ordinary Shares will be issued.



Based on the Placing Price, the gross proceeds receivable by UNITE are £31
million. The New Ordinary Shares being issued represent approximately 8.4 per
cent of UNITE's issued ordinary share capital prior to the Placing.



Application has been made for, and the Placing is conditional on, inter alia,
admission of the New Ordinary Shares to listing on the Official List of the UK
Listing Authority and to admission to trading on the London Stock Exchange's
main market for listed securities. It is expected that admission will become
effective and dealings will commence in the New Ordinary Shares on the London
Stock Exchange on 22 November 2005.



Nicholas Porter, Chief Executive, said



'We have been pleased by the positive response to the placing which leaves UNITE
well positioned to take advantage of further growth opportunities in our 
market.'



Enquiries to:


The UNITE Group plc + 44 (0)117 907 8100


Nicholas Porter, Chief Executive
Mark Allan, Chief Financial Officer



UBS Investment Bank + 44 (0)20 7567 8000

Adrian Haxby, Managing Director
Christopher Smith, Managing Director
James Geary, Executive Director


Redleaf Communications + 44 (0)207 955 1410


Emma Kane
Wendy Timmons



Defined terms in this announcement have, unless the context otherwise requires,
the same meaning given to them in the Announcement.



This announcement has been issued by and is the sole responsibility of UNITE.



UBS Limited is acting exclusively for UNITE in connection with the Placing and
no-one else and will not be responsible to anyone other than UNITE for providing
the protections afforded to their respective clients, or for giving advice in
relation to the Placing or any other matter referred to in this press
announcement.



This announcement is for information purposes only and does not constitute an
offer or an invitation to acquire or dispose of any securities or investment
advice in any jurisdiction. Without limitation to the foregoing, this
announcement does not constitute an offer to sell or issue or the solicitation
of an offer to buy or acquire any securities in the capital of UNITE in the
United States, Canada, Australia or Japan or any jurisdiction in which such an
offer or solicitation is unlawful and should not be relied upon in connection
with any decision to acquire the New Ordinary Shares or any other securities in
the capital of UNITE. The New Ordinary Shares have not been and will not be
registered under the US Securities Act of 1933 as amended (the 'Securities Act')
or under the securities laws of any state of the United States and may not be
offered or sold within the United States unless they are registered with the US
Securities and Exchange Commission or an exemption from registration is
available. No public offering of the New Ordinary Shares will be made in the
United States or elsewhere.



The distribution of this announcement and the Placing may be restricted by law
in certain other jurisdictions. No action has been taken by UNITE or UBS that
would permit an offer of the New Ordinary Shares or possession or distribution
of this announcement or any other offering or publicity material relating to
such New Ordinary Shares in any jurisdiction where action for that purpose is
required. Persons into whose possession this announcement comes are required by
UNITE or UBS to inform themselves about and to observe any such restrictions.




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