UNITE OPENS TWO NEW CENTRES

Unite Group PLC 12 October 2000 Date: 12 October 2000 UNITE TO OPEN CENTRES IN SHEFFIELD AND PLYMOUTH WORTH £11 MILLION Leading provider of student/key worker accommodation services opens 432 new beds The UNITE Group plc ('UNITE'), the UK's leading specialist provider of student and NHS key worker accommodation services, today announces the acquisition of two new student accommodation centres in Sheffield and Plymouth for a total cash consideration of £7.8M. On completion the two schemes will have a value of £11M and increase the Group's portfolio to 46 properties. Sheffield - Wellington Street This city centre residence comprises 319 student beds in 63 flats servicing both the University of Sheffield and Hallam University. The majority of the accommodation at this residence is arranged in clusters of between four and five en-suite bedrooms around a kitchen and lounge area. The residence also includes a retail unit and on-site launderette. It will be fully managed by UNITE's facilities management team based in Leeds. Plymouth - St Teresa St Teresa is located close to the Plymouth University Campus and has 113 student beds. Currently undergoing a full internal conversion the site will have a further storey added to the top of the building to accommodate a new design of UNITE's modular bedroom unit. As the university is a popular choice for surfers, UNITE is also incorporating a special surfboard and wetsuit storage area. Commenting on the announcement, Nick Porter, Chief Executive of UNITE, said: 'UNITE's quality accommodation, comprehensive facilities management and customer services for students are rapidly becoming available across the length and breadth of the UK. These new acquisitions firmly reinforce our presence as a high growth, support services company within the education and key worker sectors, making UNITE the partner of choice for academic institutions nationwide.' - 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 8100 UNITE Notes to Editors: About UNITE * UNITE was founded in 1991 by Nick Porter * UNITE is fully listed on the London Stock Exchange and is currently capitalised at £132.9m. * UNITE is the UK's leading specialist provider of accommodation services for students and 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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