Directorate Change

Workspace Group PLC 01 May 2007 WORKSPACE APPOINTS DEVELOPMENT DIRECTOR Workspace Group PLC, ('Workspace') the leading provider of flexible business accommodation to small and medium sized enterprises in London, today announces the appointment of Angus Boag as Development Director. Angus, aged 47, joins Workspace from the Manhattan Loft Corporation, where he has been a Director since 1993, and Managing Director from 2000 to date. He has wide experience in development project management. He is a Chartered Engineer and has a Masters degree in project management. With Manhattan loft Corporation he has developed over 2 million sq.ft of retail, office and residential space in central London. Harry Platt, Chief Executive of Workspace, commented, ' As London continues to thrive, the opportunities to pursue the improvement of a number of our estates in London for mixed use, higher density schemes, are increasing. There are significant opportunities for the Group to release added value from intensifying the use at many of our sites. We have recognised the need to build up our internal expertise to help release this additional value in this area of urban regeneration. ' We are delighted that Angus is joining us. He brings a wealth of experience and he has an extremely detailed knowledge of the London market, particularly in the niche areas of residential and mixed-use development. He joins us with the intention of building up our capacity in this area, and capturing more of the latent value in our portfolio.' Angus joins Workspace on 1 June on a part time basis - taking up his full position later in the year and reporting directly to the Group Chief Executive, Harry Platt. -ends- Date: 1 May 2007 For further information: Workspace Group PLC cityPROFILE Harry Platt, Chief Executive Simon Courtenay 020-7247-7614 020-7448-3244 e-mail: info@workspacegroup.co.uk web: www.workspacegroup.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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