Directorate Change

Workspace Group PLC 02 August 2006 WORKSPACE STRENGTHENS BOARD WITH APPOINTMENT OF NEW NON-EXECUTIVE DIRECTOR Workspace Group PLC, ('Workspace') the leading provider of flexible business accommodation to small and medium sized enterprises in London and the South East, has appointed Rupert Dickinson, Chief Executive of Grainger Trust plc, the FTSE 250 residential property specialist, as a non-executive Director. Rupert started his career with Richard Ellis and specialised in investment management and development consultancy. He joined Grainger Trust plc in 1992. After being promoted to Deputy Managing Director in 2000, he was appointed as Chief Executive in 2002. Grainger Trust plc focuses on investing in and managing, a large portfolio of over 12,000 residential tenancies. It has been active in a number of major corporate acquisitions, including the purchase of AIM-listed City North Group plc for £63m and the £477m acquisition of BPT PLC. Tony Hales, Chairman of Workspace commented, ' We are delighted to welcome Rupert Dickinson to the Board. His track record in the property industry is first class and he has much to offer to the Workspace team. His experience of working in residential property will be extremely useful, as we invest in more sites that require an innovative approach to sustainable, mixed use regeneration. ' We are making great strides in our strategy to increase the scale of our property portfolio. The development joint-venture, announced recently, with Glebe has enabled us to focus on the Group's core skills of targeting, acquiring and managing actively, properties in Greater London that are suitable for small businesses. As we grow, I am confident that Rupert's broad experience as Chief Executive of a FTSE 250 property group will be invaluable. ' I look forward to reporting the further progress that we are making in the near future.' The Company can advise that there are no further details relating to the appointment of Mr Rupert Dickinson which it is obliged to disclose under paragraph 6.F.2 (b-g) of the Listing Rules of the UK Listing Authority. -ends- Date: 2 August 2006 For further information: Workspace Group PLC cityPROFILE Harry Platt, Chief Executive Simon Courtenay Mark Taylor, Finance Director 020-7448-3244 020-7247-7614 web: www.workspacegroup.co.uk ------------------------------- This information is provided by RNS The company news service from the London Stock Exchange
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