Directorate Change

SpaceandPeople PLC 19 November 2007 SpaceandPeople Plc ('SpaceandPeople') Appointment of non-executive Finance Director SpaceandPeople is pleased to announce the appointment of Richard Chadwick as non-executive Finance Director at SpaceandPeople. After qualifying as a Chartered Accountant, Richard went to Montreal with KPMG where he specialised in retailing. Moving back to the UK after 5 years, he joined J Sainsbury plc where he has remained for the last 27 years and held many senior finance positions including Director of Business Development, Director of Corporate Finance and Director of Audit & Risk. He was responsible for the launch of Sainsbury's Bank in 1997 and was Deputy Chief Executive for 3 years. He was on the board of Shaw's Supermarkets in the US and JS Developments in the UK prior to their sale by Sainsbury's. He remains a trustee of their pension funds. David Henderson Williams, Chairman of SpaceandPeople commented: 'We are delighted that Richard has joined SpaceandPeople; his experience both in the UK and overseas at a very senior level will undoubtedly aid us in our overseas expansion and his retail and finance background will be invaluable as we look to take the Company forward in the coming year'. SpaceandPeople are also pleased to announce a reorganisation of the senior directors with Matthew Bending now acting as Group Chief Executive and Nancy Cullen as Group Chief Operating Officer for the company. For further information please visit www.spaceandpeople.com or contact: SpaceandPeople Plc Matthew Bending, Group Chief Executive 0141 303 8360 Nancy Cullen, Group Chief Operating Officer 0141 303 8360 JMFinn Capital Markets Ltd Matthew Robinson 020 7600 1658 Appendix Richard Chadwick is interested in 10,000 ordinary shares representing 0.1% of the issued share capital of the Company. In accordance with Schedule 2(g) of the AIM Rules, the following information in relation to the appointment of Richard Chadwick to the Board of SpaceandPeople is disclosed: Full name: Richard Andrew Chadwick Age: 56 Richard Chadwick holds and has held within the five preceding years the following directorships and partnerships: Current directorships and partnerships: Hedge End Park Limited J Sainsbury Common Investment Fund Limited J Sainsbury Executive Pension Scheme Trustees Limited J Sainsbury Trustees Limited Stamford Properties One Limited Stamford Properties Two Limited Stamford Properties Three Limited Past directorships and partnerships: Blue Developments (UK) Limited Blue (Vastern Court) Limited Joven Developments Limited Ramheath Properties Limited Square Deal Paints Limited Take Two Developments Limited Save as set out above, there is no further information to be disclosed in respect of Schedule 2(g) of the AIM Rules. This information is provided by RNS The company news service from the London Stock Exchange
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