AGM Statement

Unite Group PLC
10 May 2006


Date:                      10 May 2006
On behalf of:              The UNITE Group plc
For immediate Release





The UNITE Group plc
Chairman's AGM Statement


First Quarter Highlights


  • First quarter performance was in line with the Board's expectations.
  • Reservations for forthcoming academic year at 70% to the current date.


The UNITE Group plc, the UK's number one student hospitality company, is holding
its Annual General Meeting today at 9.30 am, The Core, 40 St. Thomas Street,
Bristol, BS1 6JZ.


Geoffrey Maddrell, UNITE's Chairman, will make the following comments to
shareholders:


'The Group's performance in the first quarter was in line with the Board's
expectations.


Reservations performance across UNITE's portfolio is again strong.  As at 4 May
2006, reservations for the forthcoming academic year had been received for 70%
of the portfolio (2005:70%).  The portfolio itself will be 14% larger for the
2006/07 academic year at 35,005 bed spaces (2005/06: 30,729)


Development progress is on track in respect of the 4,276 beds being delivered
for occupation in the 2006/07 academic year and acquisition activity for 2007
and 2008 bed deliveries continues in line with plan.


The Board is confident that UNITE will continue to make good progress against
its strategy to deliver shareholder value through sustainable growth in its
portfolio and build upon its position as the UK's number one student hospitality
company.'


Enquiries:

The UNITE Group plc
Nicholas Porter, Chief Executive Officer               Tel: [phone]
Mark Allan, Chief Financial Officer

Redleaf Communications Ltd
Janakie Mallawa-Arachi / Andrew Dunn                   Tel: [phone]



Notes to Editors


About UNITE

UNITE is the UK's number one student hospitality company. Led by strong values
at its heart, UNITE delivers the real student experience. It helps to regenerate
cities as part of the community and it contributes to improving the country's
housing.

The Group focuses on the provision and management of high quality, well-located
student accommodation and hospitality services at affordable prices in strong
higher education markets. UNITE undertakes the planning work, development and
management of sites, often working closely with Higher Education Institutions to
deliver accommodation for university students of all ages and nationalities.

UNITE has pioneered the establishment of student accommodation as an asset class
within the Real Estate sector. Since the listing of UNITE on the London Stock
Exchange in 1999 the company has grown significantly and now operates 30,729
completed and managed bed spaces in the portfolio. As at 31 December 2005, the
built-out portfolio was valued at £1.4 billion. UNITE is a constituent of the
FTSE-250 group of companies and has a current market capitalisation of
approximately £536 million.




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