Pre-close Statement

Inspace Plc
31 January 2006


Press Release                                                   31 January 2006




                                  Inspace plc



                          ('Inspace' or 'the Company')



                              Pre-close statement



Inspace plc (AIM: INSP), the property based support services business that has
established itself as one of the UK's leading repair and maintenance service
providers, will announce its results for the year ended 31 December 2005 on
Tuesday 4 April 2006.  An analyst briefing will be held at 09:30 that same
morning at the London Stock Exchange, 10 Paternoster Square, London EC4M 7LS.



The Directors are pleased to confirm that the overall trading position is in
line with market expectations.



The three new social housing maintenance contracts announced in the interim
statement in September, expected to contribute, in aggregate, approximately £160
million of revenues during their lifetime, have been successfully mobilised.  In
the meantime, the social housing sales pipeline has continued to grow, with a
healthy level of opportunities being nurtured at the tracking, prequalification
and tender stages.



Good progress has also been achieved in relation to the realignment strategy for
the Company's non-housing activities, aimed at improving operational
efficiencies and at reducing dependence upon private sector customers who
traditionally offer lower levels of order book visibility.  All non-housing
maintenance has now been streamlined within one operating business offering an
integrated one-stop-shop service, and the majority of Inspace's non-housing
sales pipeline, which has grown strongly, now reflects public sector
opportunities.



The Directors are very satisfied with the progress achieved during the first
year on AIM and are confident that a good platform has been established for
future growth.



                                    - Ends -



For further information:
Inspace plc
Colin Enticknap, Executive Chairman                   Tel: [phone]
[e-mail]                                 www.inspace.co.uk


Seymour Pierce
Mark Percy, Corporate Finance                         Tel: [phone]
[e-mail]                               www.seymourpierce.com



Media enquiries:
Abchurch
Henry Harrison-Topham                                 Tel: [phone]
[e-mail]                              www.abchurch-group.com



Notes to editors



Inspace plc is a property based support services business that has established
itself as one of the UK's leading social housing repair and maintenance service
providers with a turnover of over £100 million and a current order book which
now exceeds £450 million and stretches as far as 2020.



The Company has three complementary areas of activity:



Partnerships provides repair, maintenance and improvement of social housing
stock which includes maintenance of building fabric, maintenance of engineering
services reinstatement of void homes, minor capital projects and Decent Homes
improvement works under regeneration schemes.



Maintain provides repair, maintenance and improvement of public and corporate
sector non-housing real estate. Maintain is one of the UK's largest fabric
maintenance businesses delivering an integrated 24/7 reactive service and
planned maintenance & minor capital works with a national infrastructure across
England, Scotland and Wales.  Maintain also offers mechanical and electrical
maintenance capable of stand alone or integrated service delivery to suit
customer requirements.



Complete provides interior design, installation and furnishing of corporate and
public sector non-housing real estate.  The design led service offers its
customers an integrated 'one stop' solution.  There are natural synergies with
Maintain's customer base.



Industry forecasts show a steady social housing repair and maintenance market
over the next 15 years, running at around £4 billion per annum.  These forecasts
illustrate the constant need for repairing and improving housing stock.  The
private non-residential repair and maintenance market was indicated to be worth
approximately £14 billion in 2004, representing approximately 32.1 per cent of
the total UK repair and maintenance market.



Further information on Inspace can be found at www.inspace.co.uk




                      This information is provided by RNS
            The company news service from the London Stock Exchange