Arden Partners plc ("Arden" or "the Company")

Director's Declaration

In accordance with Rule 17 of the AIM Rules for Companies (the "AIM Rules"), Arden announces the following change to a director's disclosure under Schedule Two, Paragraph (g) of the AIM Rules.

John Grahame Whateley, a non-executive director of the Company, has informed the Company that the following companies, of which he is a director, were placed into administration on 27 February 2009:

Castlemore Securities Limited;

Britten Investments Limited;

Spring Sutton Coldfield Limited;

Spring Residential Limited; and

Castlemore Temple Quay 4 Limited.

Mr Whateley has also informed the Company that the following companies, being companies of which he is a director, are expected to be placed into administration imminently and the Company will make an appropriate announcement confirming this once it has taken place:

Castlemore Temple Quay 2 Limited; 

Castlemore Temple Quay 6 Limited;

Castlemore Temple Quay 7 Limited;

Castlemore Temple Quay 8 Limited; 

Castlemore Temple Quay 9 Limited;

Castlemore West Bar Limited;

Castlemore Edinburgh Limited;

Wellingborough Engineering Limited;

Wigston Investments Limited;

Spring Rugeley Limited; and

Spring Talywain Limited.

Save as disclosed above, there is no further information to be disclosed under the AIM Rules.

Enquiries:

Trevor Norris (Group Finance Director and Company Secretary)

Tel: 0121 423 8995