Group Finance Director

Unite Group PLC 2 April 2001 Embargoed until: 2 April 2001 To be issued at: 0700hrs UNITE APPOINTS GROUP FINANCE DIRECTOR The UNITE Group plc, the UK's leading specialist provider of accommodation services for students and NHS key workers, today announced the appointment to its Board of Simon Bernstein as Group Finance Director. The appointment will take effect immediately following the Annual General Meeting of the Company to be held on 27th April 2001. Bernstein, 37, joins UNITE from UBS Warburg, where he was an Executive Director in the bank's Corporate Finance department. He joined UBS Warburg in 1996, since which time he has advised a number of companies including consortia bidding for PFI projects such as the MoD Married Quarters Estates and DSS Prime. He qualified as a Chartered Accountant at Price Waterhouse in 1988 and was seconded to the Department of Energy as a member of the team responsible for the £8bn flotation of the 12 Regional Electricity Companies. Between 1991 and 1996 he worked in the Corporate Finance Department of Price Waterhouse, where his work included early PFI schemes in the NHS. Commenting on the announcement, Geoffrey Maddrell, Chairman of UNITE said: 'We are delighted that Simon is joining UNITE at this exciting stage in the Group's development. UNITE has recently announced record results and plans to increase the number of beds under its control from 10,450 at the end of last year to 60,000 over the next three years. Simon brings with him particularly relevant and valuable experience. We look forward to working with him as a member of the board and management teams in delivering our important growth plans.' Simon Bernstein added: 'UNITE is a highly regarded company operating in a growing and dynamic sector. I look forward to working with them to maximise the full potential of the business over the coming years.' The appointment enables David Ransome, who currently holds the dual roles of Group Finance Director and Chief Operating Officer, to focus on his increasingly demanding role as Chief Operating Officer. ENDS Press Enquiries to: Emma Kane, Chief Executive Tel: 020 7955 1410 Redleaf Communications Ltd Mob: 0468 012924 Nick Porter, Chief Executive Tel: 0117 907 8112 UNITE Notes to Editors: (-) UNITE was founded in 1991 by Nick Porter. (-) UNITE is fully listed on the London Stock Exchange and is currently capitalised at £150 million. (-) The Group recently reported record final results with pre tax profits up 260% to £3 million. (-) UNITE is the UK's leading specialist provider of accommodation services for students and NHS key workers. (-) Further information is available at the Company's website at www.unite-group.co.uk (-) www.bunk.com is a comprehensive, on-line accommodation service for university students launched by UNITE in September 2000.

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