Holding(s) in Company

Parity Group PLC
08 May 2007


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to
    which voting rights are attached
    PARITY GROUP PLC

2.  Reason for the notification (please tick the appropriate box or boxes)

    An acquisition or disposal of voting rights                       (X)

    An acquisition or disposal of financial instruments which may     ( )
    result in the acquisition of shares already issued to which
    voting rights are attached

    An event changing the breakdown of voting rights                  ( )

    Other (specify):                                                  ( )

3.  Full name of person(s) subject to the notification obligation:
    North Atlantic Value LLP

4.  Full name of shareholder(s) (if different from 3.)
    (i)  Oryx International Growth Fund Limited
    (ii) North Atlantic Value LLP (as Investment Manager/Adviser to other
         fund management clients)

5.  Date of the transaction (and date on which the threshold is crossed
    or reached if different):
    2 May 2007

6.  Date on which issuer notified:
    3 May 2007

7.  Threshold(s) that is/are crossed or reached:
    Above 5%

8.  Notified details:

A. Voting rights attached to shares

Class/type of shares (if possible using the Ordinary (GB00B1235860)
ISIN code)

Situation previous to the        Resulting situation after the triggering
 triggering transaction                      transaction
Number of          Number of    Number of    Number of voting    % of voting 
Shares             Voting       shares       rights              rights 
                   Rights
                                Direct       Direct   Indirect   Direct Indirect
(i) 1,424,056   1,424,056     1,705,306    1,705,306              4.50%

(ii)  458,018     458,018       551,768      551,768              1.45%

B. Financial Instruments
Resulting situation after the triggering transaction
Type of       Expiration   Exercise/          Number of voting  % of voting
financial     date         Conversion Period/ rights that may   rights
instrument                 Date               be acquired if
                                              the instrument is
                                              exercised/
                                              converted

Total (A+B)
Number of voting rights              % of voting rights
2,257,074                            5.95%

9.  Chain of controlled undertakings through which the voting rights and/
    or the financial instruments are effectively held, if applicable:
    n/a


Proxy Voting:
10.  Name of the proxy holder:

11.  Number of voting rights proxy
     holder will cease to hold:

12.  Date on which proxy holder
     will cease to hold voting
     rights:

13.  Additional information:

14:  Contact name:                 Bonita Guntrip

15.  Contact telephone number:     020 7747 5681




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