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Parkmead Group (The) (PMG)

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Wednesday 07 June, 2006

Parkmead Group (The)

Directorate Change

Parkmead Group (The) PLC
07 June 2006

                                                     The Parkmead Group plc
                                                     22-23 Old Burlington Street
                                                     London W1S 2 JJ

                                                     T +44 (0)20 7494 3080
                                                     F +44 (0)20 7494 3090


Press Release
7th June 2006

       Gordon Ashworth Appointed Finance Director At The Parkmead Group plc

The Board of The Parkmead Group plc, the investment group, announces the
appointment of Gordon Ashworth as Finance Director.  He replaces Martin Cooper
who is resigning from the Board to pursue other interests.  These changes are
made with immediate effect.

Gordon Ashworth, aged 43, was previously Finance Director and Chief Executive
Officer of Asite plc, a listed technology company focused on the construction
sector.  Prior to this, Gordon gained experience as Finance Director in the IT
contracting, hospitality, consulting, and banking sectors.  Gordon qualified as
an accountant in 1989.

Gordon is currently a director of Asite plc and Trading Faces Arts Limited and
in the last 5 years has been a director of: K2 Human Capital Solutions Limited,
K2 Partnering Solutions Limited, LOC 10 Limited and Encoreforum Limited.

There is no further information to disclose in respect of Gordon Ashworth under
paragraph (g) of schedule 2 of the AIM Rules.

Niall Doran, Chief Executive of The Parkmead Group plc said:

'We are delighted to have Gordon join the Board. His broad experience will be of
great assistance to us as we grow the business in our three core areas of
business turnaround, principal finance and corporate finance.

I would like to thank Martin Cooper for all his efforts, especially during the
significant reshaping of the business this year. We wish him well with his plans
for the future.'


For further information:

The Parkmead Group plc
Niall Doran                                                        020 7494 3080

Madano Partnership (PR to The Parkmead Group plc)
Matthew Moth/Toby Wilkinson                                        020 7593 4000

Notes to editors:

Founded in 1992, The Parkmead Group plc is a London-based investment group.  It
provides the following services to its clients:

•   Turnaround management consulting
•   Principal finance/investment
•   Corporate finance

The Company operates across a wide variety of sectors including: energy,
technology, leisure, manufacturing and aerospace.

The Parkmead Group plc is quoted on the London Stock Exchange's Alternative
Investment Market (symbol: PMG) and is authorised and regulated by the Financial
Services Authority.  In May 2006, The Parkmead Group plc changed its name from
Interregnum plc.

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