Change to Board of Directors at Subsidiary

Parity Group PLC 1 September 2000 Parity Group plc Appointment of Chief Operating Officer for UK Resources subsidiary Parity Group plc today announces the appointment of David Pye as Chief Operating Officer of Parity Resources, the Group's UK IT resourcing and recruitment company. He will report to Rick Bacon, Managing Director of Parity's international Software Services division and will be a member of its Executive Management Committee. David Pye, 35, has for the past six years been Regional and Customer Director with Spring Group plc where he has been actively involved in winning several major preferred supplier agreements as well as being closely involved in Spring's IT investment programme. He has over 14 years' experience in the IT resourcing and recruitment sector. Commenting on the appointment, Rick Bacon said, ' We are delighted to have someone with David's abilities and experience to run our UK operations. I look forward to working with him to drive the growth of Parity Resources in the UK and to build up Parity's Software Services division worldwide.' For further information please contact: Parity Group plc 020 7776 0800 Rick Bacon, Managing Director, Parity Software Services Michael Harrington, Group Communications Director Financial Dynamics 020 7831 3113 Giles Sanderson/Jon Earl Note to editors: Parity's Software Services division, part of Parity Group plc, comprises Parity Resources, Parity Selection, Parity EuroSoft and Parity Teltech. The division, which provides integrated IT resourcing and recruitment solutions throughout the UK, mainland Europe and the USA, had a turnover of £254 million in the year to 31 December 1999.
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