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Press release

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July 25, 2003
Regus to assist MWB customers in France, Holland & Germany

On Wednesday 23 July 2003, Marylebone Warwick Balfour (MWB) announced the closure of its five business centres in Holland and Germany and the placing of its four French centres into administration.

Regus, the world's largest provider of serviced offices, today announced that it has reached an agreement to assist MWB customers in France, Holland and Germany with alternative accommodation and services in Paris, Berlin, Frankfurt, Munich and Amsterdam.

Regus CEO Mark Dixon commented: "This agreement will allow former MWB customers to make an orderly transition to Regus. Special arrangements have been put in place to facilitate the smooth transfer of technology, minimise the disruption of re-location and guarantee essential business continuity for everyone involved".

For further information, contact:

Stephen Jolly, Regus Group Communications, on +44 1932 895135

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Regus is the world's largest provider of fully equipped office space and executive suites for rent. They also provide meeting rooms, conference rooms, training rooms and videoconferencing in a professional business setting, as well as virtual office services and the world's best business addresses.

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