Holding(s) in Company

Parity Group plc

16 January 2003

LETTER TO: PARITY GROUP PLC - DATED16 JANUARY 2003

FROM: UNICORN ASSET MANAGEMENT LIMITED

Purchase of Shares - Section 198-210 Companies Act 1985 as amended

As required by the above Act, I am writing to advise you that following the
purchase of 1,500,000 5p ordinary shares by Eaglet Investment Trust PLC on 14/
01/03 and the purchase of 1,000,000 5p ordinary shares by Eaglet Investment
Trust PLC on 15/01/03, Unicorn Asset Management Limited is interested in
20,603,362 ordinary shares of 5p each which represents 13.39% of this class of
capital.

Fund                                                            Holding after
                                                                  Transaction
                                                                             
Eaglet Investment Trust plc                                        18,752,317
                                                                             
(held HSBC Global Nominees Ltd a/c Eaglet)                                   
                                                                             
Unicorn AIM VCT plc                                                   971,045
                                                                             
(held Bank of New York, a/c ref Unicorn AIM VCT plc)                         
                                                                             
Unicorn Investment Funds - Unicorn UK Smaller Companies               880,000
                                                                             
(held HSBC Global Nominees Ltd a/c - Unicorn UK Smaller                      
Companies)                                                                   
                                                                             
Total                                                              20,603,362

This interest arises purely from the status of Unicorn Asset Management Limited
as investment manager to the above companies. Unicorn Asset Management Limited
is not the beneficial owner of the shares and should not be identified as such.

FROM: For and behalf of Unicorn Asset Management Limited

Philip John