Result of AGM

30/07/2010

                             Parallel Media Group                              

                            ("PMG" or the "Group")                             

                                 Result of AGM                                 

Parallel Media, (AIM: PMG), announces that at the Annual General Meeting of the
Company that was held today, all resolutions were duly passed by shareholders.

For further information, please contact:

Parallel Media Group                                                         
Stewart Mison / Martin Doherty                           [phone]
                                                                             
Astaire Securities                                                           
Antony Legge / Stuart Lane                               [phone]