HQ Global Workplaces and BAA Open State-of-the-Art Business Center At London Airport.

Business Editors

DALLAS & LONDON--(BUSINESS WIRE)--Feb. 1, 2001

First On-Airport Center Offers Solutions for

International Businesses

HQ Global Workplaces (www.hq.com), the world's largest office solutions company, and BAA plc, the world's largest single airport operator, today announced the grand opening of the UK's first stand-alone airport conference and business center at London Gatwick Airport.

The 8,000 square foot, state-of-the- art facility will offer businesses and travelers a convenient, fully serviced and sophisticated environment for meetings including 18 conference rooms and a touchdown area for use between meetings or flights. The full range of professional services provided will include videoconferencing facilities, catering, administrative support and travel services.

"As one of Europe's leading gateway airports, Gatwick is an excellent location for all forms of meetings, from project teams and training to interviews," said HQ's CEO Gary Kusin at today's opening ceremony.

"Building on the success of our existing world-wide network of centers, this venture underscores our commitment to providing global office solutions that allow our customers to work how, when and where they want. We are delighted that BAA is our partner for this exciting initiative."

HQ and BAA are also considering similar centers in international airport hubs throughout the BAA network, including Heathrow in 2002.

"Airports are natural meeting places for busy executives and we seek to ensure that ours meet the needs of everyone who uses them," added Mike Hodgkinson, Chief Executive of BAA. "The Gatwick Center is an excellent addition to the extensive facilities we already provide, as is the relationship with HQ Global Workplaces."

BAA recently introduced a new concept in airport lounges featuring business-style comfort and facilities available to all airport passengers, including those who cannot normally access an executive or first class lounge.

All of HQ Global Workplaces center locations (currently 470 in 17 countries) offer corporate "road warriors" flexible access to comfortable office spaces complete with the technology and the people needed to conduct business while traveling. The Gatwick Center will help traveling executives maximize productivity, time and travel efficiency while at the airport.

London Gatwick Airport, located approximately 25 miles south of London, is the second busiest airport in the UK and the sixth busiest international airport in the world. Nearly 20 percent of the 31.8 million passengers expected to travel through Gatwick in the year 2000 are business travelers. Airport traffic is expected to increase to 37.1 million by the year 2004. About BAA

BAA is the world's leading airport company. It owns, operates or manages all or part of 15 airports around the world including four in the U.S. (Pittsburgh, Indianapolis, Harrisburg and Newark). The City of New York recently chose BAA as the preferred partner for the long term operation, management and development of both JFK and

La Guardia airports. The company is one of the world's largest property companies with over 30 million square feet of non-retail property and an exemplary track record of management of all commercial facilities.

About HQ Global Workplaces

HQ Global Workplaces is the world leader specializing in office outsourcing. The company provides flexible and complete office solutions through a global network of 470 locations to full-time clients, those who need occasional access to office space and business services, and to home-based customers. HQ Global Workplaces is majority-owned by FrontLine Capital Group (Nasdaq: FLCG). HQ Global Workplaces' customers have immediate, cost-effective access to essential business services, including state-of-the-art communications, highly functional workspaces and meeting rooms, all in attractive environments designed to encourage efficiency, productivity, and comfort. For more information contact:

Certain matters discussed within this press release are forward-looking statements within the meaning of the federal securities laws. Although HQ Global Workplaces believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Factors that could cause actual results to differ materially from HQ Global Workplaces expectations include changes in the business services industry, downturn in market valuations, particularly for Internet related companies, failure to consummate anticipated transactions, finding acquisition opportunities which meet its investment strategy, general economic conditions, competition, changes in technology, technological obsolescence, interest rates, available capital, conflicts of interests of management, and other risks detailed from time to time in the HQ Global Holdings, Inc. reports filed with the Securities and Exchange Commission, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.