Additional Listing

Unite Group PLC
02 August 2004


                      The Unite Group plc ('the Company')
                      -----------------------------------


Application has been made to the Financial Services Authority and the London
Stock Exchange plc for 2,453,219 ordinary shares of 25p each (the 'shares') to
be admitted to the Official List.


The shares are being issued pursuant to the exercise of conversion rights
attaching to £4,259,034 in nominal value of the 8% convertible unsecured loan
stock 2004 of the Company (the 'Loan Stock'), at a conversion price in relation
to the conversion period ended 31 July 2004 (the '2004 Conversion Period') of
173.61p per share.


It is expected admission will be granted on 4 August 2004 and trading will
commence on 5 August 2004.


These shares will rank pari passu with the existing issued ordinary shares.


The 2004 Conversion Period was the last opportunity for holders of the Loan
Stock to exercise their conversion rights. As a result, the £720,280 in nominal
value of Loan Stock in relation to which conversion rights were not exercised
will, in accordance with the conditions attaching to the Stock, be redeemed, at
par, on 31 August 2004.


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