Holding(s) in Company

Parity Group PLC
28 May 2002


LETTER TO: PARITY GROUP PLC

DISCLOSURE OF INTEREST IN ORDINARY SHARES OF 5p

We hereby give notice for the purposes of Part VI of the Companies Act 1985 that 
today we have become aware that Aberforth Smaller Companies Trust plc has a 
notifiable interest in 4,963,000 Ordinary Shares of 5p each which, based on the 
information available to us, represents 3.23% of the issued share capital of the 
above company.     

The shares to which this notification relates are, or will be, registered as 
follows:

Registered Holder                                   Number of Shares
-----------------                                   ---------------- 

Clydesdale Bank (Head Office) Nominees Limited            4,963,000
A/C ABERFIT1                                          


LETTER FROM: ABERFORTH PARTNERS, SECRETARIES


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