Holding in Company

Parity Group PLC
20 February 2001

Letter to Parity Group PLC

Companies Act 1985 - Disclosure of Interest in shares

Consequence upon a purchase in the market of 368,800 shares on the 14 February
2001, we now hold 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 887711              435,000
HSBC Global Custody Nominee (UK) Ltd A/c 775245              671,566            

HSBC Global Custody Nominee (UK) Ltd A/c 754612              130,000
HSBC Global Custody Nominee (UK) Ltd A/c 252605              230,800  
HSBC Global Custody Nominee (UK) Ltd A/c 360509              115,200
HSBC Global Custody Nominee (UK) Ltd A/c 357206            3,084,390
HSBC Global Custody Nominee (UK) Ltd A/c 747381              150,000
HSBC Global Custody Nominee (UK) Ltd A/c 363605               30,000
HSBC Global Custody Nominee (UK) Ltd A/c 866203              114,000

                                                           4,960,956     3.23%

Please note that this percentage is based on our understanding that your issued
share capital is 153,501,084.

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