Holding(s) in Company

Workspace Group PLC
20 March 2008





TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:


Workspace Group PLC


2. Reason for the notification

(please place an X inside the appropriate bracket/s):


An acquisition or disposal of voting rights: (X)


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (   )

An event changing the breakdown of voting rights: (   )

Other (please specify) : (   )


3. Full name of person(s) subject to notification obligation:

HSBC Bank Plc


4. Full name of shareholder(s) (if different from 3)


Sinopia Asset Management (UK) Limited
HSBC Financial Products (France)
HSBC Bank plc


5. Date of transaction (and date on which the threshold is crossed or reached if
different):

19 March 2008


6. Date on which issuer notified:

20 March 2008


7. Threshold(s) that is/are crossed or reached:

 5%


8. Notified Details:


A: Voting rights attached to shares

Class/type of shares if possible use      Situation previous to the triggering
ISIN CODE                                             transaction
GB0005296354                            Number of shares Number of voting rights
                                            12,380,844              12,380,844




                            Resulting situation after the triggering transaction
Class/type of shares if     Number of    Number of voting rights % of voting
possible use ISIN CODE      shares                               rights
GB0005296354                Direct       Direct       Indirect   Direct Indirect

                             9,774,657    9,774,657    241,272    5.6%    0.13%



B: Financial Instruments

Resulting situation after the triggering transaction

Type of      Expiration Exercise/     No. of voting rights that may be  % of
financial    date       conversion    acquired (if the instrument       voting
instrument              period/date   exercised/ converted)             rights


Total (A+B)
Number of voting rights                      % of voting rights

  10,015,929                                      5.74%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :

HSBC Bank PLC


Proxy Voting:


10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A.


13. Additional information:

None


14. Contact name:

Amanda Whalley


15. Contact telephone number:

0207 369 2377






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