Board Director Change of Role

Parity Group PLC 11 October 2001 For immediate release, Thursday 11 October 2001 Parity Group plc: Change of Role for Board Director Rick Bacon Parity Group plc, the international IT services group, announces a change in the role of Board Director Rick Bacon who joined Parity in August 1999 and latterly has been Managing Director of the Group's Technology Staffing division. As Managing Director - Corporate Business, Rick Bacon will now head up a new business unit encompassing Key Account Management, Human Resources & Development, Marketing & Public Relations and Information Technology for Parity Group plc. The new unit will further strengthen the Group strategy announced in May 2001. With Rick Bacon responsible for these disciplines across the Group, operational management will report directly to Ian Miller. By having the Account Managers responsible for Parity's largest clients report directly to a Main Board Director, Parity is demonstrating the priority it places on client relationships. In addition, the key supporting functions of people development, marketing and information technology are essential in maximising the co-operation of Parity's lines of business in the marketplace wherever possible. Ian Miller, Group Chief Executive, said, 'I am delighted to have a director of Rick's calibre to spearhead this new unit. He has built one of the best-performing IT resourcing companies in the business by managing our technology staffing division through its transition into a differentiated, value-adding service provider. That experience will be invaluable in getting the maximum value from the opportunities that the market is providing for Parity in IT Solutions, Training and Technology Staffing.' Rick Bacon, Managing Director - Corporate Business, said, 'The Group's strategy has been endorsed by staff, clients and shareholders. I am very much looking forward to taking responsibility for the new unit, with its key role in driving our strategy forward.' Ends For further information: Ian Miller, Chief Executive, Parity Group plc Tel: 020-7776-0800 Michael Harrington, Parity Group plc Tel: 020-7776-0800 Harriet Keen/Emma Rutherford, Financial Dynamics Tel: 020-781-3113
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