Share Price Movement

26 January 2012

                           PARALLEL MEDIA GROUP PLC                            

                                ("the Company")                                

                             Share Price Movement                              

 

The Board of the Company notes the movement in the Company's share price today
and confirms that it knows of no specific reason for this decrease.

Contact Details

For more information please contact:

Parallel Media Group Plc
David Ciclitira                                         [phone]
Chairman                                                                    
                                                                            
Northland Capital Partners Limited                                          
Edward Hutton, Luke Cairns                              [phone]