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17 May 2005

Surrender of share options granted under The Prime People 2001 Employee Share Option Scheme and adoption of an Enterprise Management Incentive Share Option Scheme

The Prime People 2001 Employee Share Option Scheme

Christopher Heayberd, finance director, has surrendered 547,238 options granted to him under the existing Inland Revenue Approved share option scheme.

Enterprise Management Incentive Share Option Scheme

The company announce the adoption of an Enterprise Management Incentive Share Option Scheme.

Simon Murphy who was appointed chief executive of the company yesterday, has been granted an option over 1,842,335 Ordinary Shares at an exercise price of Nil pence per share subject to the rules of the scheme.

Christopher Heayberd, finance director, has been granted an option over 1,842,335 Ordinary Shares at an exercise price of Nil pence per share subject to the rules of the scheme.

Contact:

Chris Heayberd 0207 831 5297

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