If you are in any doubt as to the action you should take, you are recommended to seek advice from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser authorised pursuant to the Financial Services and Markets Act 2000. If you have sold or transferred all of your ordinary shares in Workspace Group PLC, please forward this document and the accompanying form of proxy to the purchaser or transferee or to the stockbroker, bank or other agent through or by whom the sale or transfer was effected for delivery to the purchaser or transferee. If you have sold or transferred part only of your ordinary shares in Workspace Group PLC, please consult the stockbroker, bank or other agent through whom the sale or transfer was effected.

Definitions

In this document, except where the context otherwise requires, the following expressions shall have the following meanings:

ABI	the Association of British Insurers;
AGM or Annual General Meeting	the annual general meeting of the Company convened for Thursday, 28 July 2011, notice of which is set out at the end of this document, or any reconvened meeting following adjournment thereof;
Annual Report and Accounts	the annual report and accounts of the Company for the financial year ended 31 March 2011 and the reports of the Directors and auditors thereon;
Articles	the articles of association of the Company currently in force;
Board of Directors	the directors of the Company for the time being;
Company	Workspace Group PLC;
Existing Ordinary Shares	the ordinary shares of £0.10 each in issue prior to the Share Consolidation;
New Ordinary Shares	the new ordinary shares of £1.00 each to be created pursuant to the Share Consolidation;
Share Consolidation	as defined in the Chairman’s Letter below;
Share Consolidation Record Date	5.00 p.m. on 5 August 2011 (or such later date as the Directors may determine and communicate to Shareholders via an appropriate announcement to a Regulatory Information Service);
Shareholders	holders of ordinary shares in the capital of the Company;
Shareholders’ Rights Regulations	the Shareholders’ Rights Regulations 2009; and
the Act	the Companies Act 2006.