RNS Number:4496P
Your Space PLC
05 September 2003

                                                          For Immediate Release
                                                             4th September, 2003

                 YOUR SPACE PLC ("Your Space" or "the Company")

                      Redemption of Convertible Loan Stock

The Board of Your Space announces it has redeemed at par all of the #598,776
nominal of Your Space convertible loan stock issued in connection with the
acquisition of Workspace (North West) Limited in January 2002.

The redemption is earlier than anticipated and allows the Company to release
approximately #180,000 of cash held in reserve to cover future interest payments
on the loan stock. As a result of the terms of the redemption with the holders
of the loan stock there will also be a write back of provisions for accrued
interest payments to the net amount of approximately #40,000.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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