AGM Statement

Workspace Group PLC 31 July 2007 WORKSPACE CHAIRMAN UPBEAT AT AGM Speaking at the Company's Annual General Meeting being held today, Tony Hales, the Chairman of Workspace Group PLC ('Workspace') the leading provider of flexible business accommodation to small and medium sized enterprises in London and the South East, will make the following statement. ' I am pleased to update shareholders today on the progress we have made since the start of the year. This will be our first full year since converting to REIT status. The Board remains confident that Workspace continues to provide its shareholders with an attractive long-term opportunity for both capital and income growth. ' We are encouraged that enquiries and lettings in the first quarter have continued at the high levels experienced at the end of the last financial year. We are seeing good increases in both market rents and our rent roll which will be reflected in our portfolio valuation. ' This is the last AGM that our current Finance Director Mark Taylor will be attending. As shareholders know, Mark is stepping down from the Board. I would like to take this opportunity to thank him for all his contributions during his time with Workspace and wish him well for the future. I am pleased to welcome Graham Clemett who has joined us as Finance Director from the Royal Bank of Scotland. ' The future for the group remains promising. Our core market in London is vibrant and the sentiment of our customers in their own businesses appears positive. With a continuing strong demand for space, growing rental values and progress of our improvement plans for certain estates, we are looking forward to another good year in creating value for our shareholders.' The Group's first quarter results, including an external property valuation, will be announced on Monday 20 August 2007. -ends- Date: 31 July 2007 For further information: Workspace Group PLC cityPROFILE Harry Platt, Chief Executive Simon Courtenay Graham Clemett, Finance Director William Attwell 020-7247-7614 020-7448-3244 web: www.workspacegroup.co.uk This information is provided by RNS The company news service from the London Stock Exchange
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