Director Shareholding

Parity Group PLC
13 September 2000


On  12 September 2000 the Trustee of the Parity Group plc
1999 Employee Benefit Trust acquired 150,000 Ordinary  5p
shares  in  the Company at a price of 165p per share  for
the  purposes  of  the Parity Group  1999  Company  Share
Option  Plan and the Parity Group 1999 Unapproved Company
Share  Option Plan ('the Plans').  Messrs.  R.  King,  R.
Bacon and K. Jennings, Directors of the Company, in their
capacity  as members of the class of beneficiaries  under
the  Plans,  are deemed to have acquired a non-beneficial
interest in the shares for the purposes of the Act.

Disclosure of the above interests was made to the Company
on 13 September 2000.