Holding(s) in Company

Parity Group PLC
18 March 2008

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:
    HBOS plc

4.  Full name of shareholder(s) (if different from 3.)
    See section 9

5.  Date of the transaction (and date on which the threshold is crossed
    or reached if different):
    12 March 2008

6.  Date on which issuer notified:
    14 March 2008

7.  Threshold(s) that is/are crossed or reached:
    5% Direct Holdings (Direct and Indirect Holdings remain above 6%)

8.  Notified details:


A. Voting rights attached to shares

Class/type of shares (if possible using the       Ordinary 2p (GB00B1235860)
ISIN code)

Situation previous to  Resulting situation after the triggering transaction
the triggering
transaction
Number of  Number of   Number of   Number of voting      % of voting rights
Shares     Voting      shares      rights
           Rights
                       Direct      Direct     Indirect   Direct    Indirect
2,947,155  2,947,155   2,196,712   2,196,712  450,445    5.778%    1.185%


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
2,647,157                            6.962%

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

    Insight Investment Management (Global) Limited* ('IIMGL') -
    (Indirect) - 2,647,132 (6.962%)

    Clerical Medical Investment Group Limited ('CMIG') - 
    (Direct) - 2.196.701 (5.777%)

    IIMGL manages holdings on behalf of CMIG and other HBOS Group
    companies, and other third parties external to the HBOS Group, under
    various discretionary management agreements.

    (* - wholly owned subsidiary of HBOS plc.)

Proxy Voting:


10.  Name of the proxy holder:      n/a

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

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

13.  Additional information:        Notification using the total voting
                                    rights figure of 38,021,784

14:  Contact name:                  Keny Melville
  
15.  Contact telephone number:      0131 243 8671




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