Chairman's AGM Statement

Workspace Group PLC
30 July 2001

                                       
                                       
                              Workspace Group PLC
                                       
                           CHAIRMAN'S AGM STATEMENT

Speaking   at  today's  Annual  General  Meeting  of  Workspace   Group   PLC,
('Workspace'),  the  leading provider of flexible  business  accommodation  to
small  and medium sized enterprises in London and the South East, the Chairman
Phillip Rhodes made the following statement.


' The major event since 31 March has been the sale of the Midlands portfolio
for  £42.3m.  The net proceeds from this sale will add to our firepower as  we
focus  our  investment  activity in London and the South  East,  which  offers
better growth opportunities.

' The Group's results for the first quarter - April to June 2001 - will  be
published  on  Monday  13  August and I will not  therefore  give  a  detailed
briefing on these today. I can say however that at this stage of the year  our
trading is progressing in line with our expectations.  We are maintaining good
enquiry levels for our product and our rentals continue to grow.

' With our recent acquisitions your company is continuing to strengthen  its
leadership  in  providing space and added value services for  new,  small  and
medium-sized businesses in London and the South East'



Date: 30 July 2001

For further information please contact:

Workspace Group PLC                              City Profile
Harry Platt, Chief Executive                     Simon Courtenay
Mark Taylor, Finance Director                    Ed Senior
Tel: [phone]                               Tel: [phone]
e-mail: [e-mail]                e-mail: [e-mail]
Web: www.workspacegroup.co.uk