Record Occupancy Levels

Unite Group PLC 14 October 2002 Date: 14 October 2002 On behalf of: The UNITE Group plc ('UNITE') Embargoed until: 0700hrs UNITE ANNOUNCES RECORD OCCUPANCY LEVELS The UNITE Group plc, the UK's leading specialist provider of student and key worker accommodation, today announces record occupancy levels. The 2002/3 academic term has started with occupancy of 98.1% of all available student rooms compared with the same time last year of 94.8%, which is in line with our forecast for the academic year. Following completion of this year's build programme, UNITE now has over 14,000 completed bed spaces in 30 towns and cities across the UK, with a further 11,000 secured for development. Take up of rooms this year has been particularly strong in UNITE's city centre properties such as Liverpool, Manchester, Aberdeen, Bristol and London. The Company's unsecured pipeline remains strong and the Group is on track to secure a further 8,500 beds next year to meet the growing demand for purpose-built student accommodation. This increasing demand is reflected in record numbers of students applying to universities and colleges coupled with a growing shortage of quality, affordable accommodation. Nicholas Porter, Chief Executive Officer of UNITE, said: 'UNITE is committed to destroying the perception that affordable accommodation has to be poor quality and to stamping out the need for many students to start their academic life in the unacceptable conditions offered by many private landlords. 'Against this background, we are delighted to report record occupancy levels which are ahead of target and well up on figures for this time last year. The UNITE brand is becoming widely recognised as the accommodation of choice and is particularly strong in those target towns where we have critical mass, which is a key element of our roll-out strategy.' - ends - Enquiries to: The UNITE Group plc Nicholas Porter, Chief Executive Officer Tel: 020 7902 5055 Emma Kane Tel: 020 7955 1410 Redleaf Communications Mob: 07876 338339 • Publication photographs are available for download at www.redleafpr.com • Further information on The UNITE Group plc is available at: www.unite-group.com This information is provided by RNS The company news service from the London Stock Exchange

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