Director Shareholding

Parity Group PLC
25 September 2000


On  22 September 2000 the Trustee of the Parity Group plc
1999  Employee Benefit Trust acquired 75,000 Ordinary  5p
shares  in  the Company at a price of 180p 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 22 September 2000.