Result of EGM

Workspace Group PLC
16 March 2005



                              Workspace Group PLC

                              9 for 1 Bonus Issue

Workspace Group PLC, ('Workspace') the leading provider of flexible business
accommodation to small and medium sized enterprises in London and the South
East, announces that at an Extraordinary General Meeting held today the
resolution to approve the increase the Company's authorised share capital, for
the capitalisation of reserves and bonus share issues of 9 shares for every 1
held and for the variation to authorities dealing with allotment of shares,
share placements and share buy-backs was approved unanimously.

Proxy votes were cast by shareholders representing 73% of the Company's issued
share capital. The voting by proxy was as follows:-

               Number of Shares     % of votes cast

For            12,327,775             99.8%
Against            15,000              0.1%
Discretion          7,257              0.1%

                                     -ends-

Date: 16 March 2005
For further information:

Workspace Group PLC                              City Profile Group
Harry Platt, Chief Executive                     Oliver Winters
Mark Taylor, Finance Director                    020-7448-3244
020-7247-7614

web: www.workspacegroup.co.uk





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