Holding(s) in Company

Parity Group PLC

24 March 2003

Letter to Parity Group plc

Disclosure of Interest in Shares

Consequent upon a sale in the market of 75,200 shares on 21 March 2003, Legal &
General Group Plc now own the following number of shares which are not subject
to a concert party and will be registered as follows:

Material Interest

HSBC Global Custody Nominee (UK) Ltd A/c          671,566          
775245                                                             
                                                                   
HSBC Global Custody Nominee (UK) Ltd A/c        3,895,642          
357206                                                             
                                                                   
                                                4,567,208   2.96%  

Please note that this percentage is based on our understanding that your issued

share capital is 153,969,570.

Letter from Legal & General Investment Management