Resignation of Non-Executive Director - 18.12.2006

MWB Business Exchange Plc, the UK’s second largest serviced office provider, today announces that Steve Jude, a Non-Executive Director, has resigned with immediate effect. A replacement Non-Executive Director is currently being sought.

MWB Business Exchange Plc provides five star Serviced Offices operating a portfolio of over 1,500,000 sq ft of prime office Space throughout the UK, Meeting Venues with over 250 meeting rooms, and Virtual Offices.