Re Contract

Parity Group PLC
25 November 2002



25 November 2002



         Parity announces International training contract with Galileo



Parity Group plc ('Parity' or 'the Group'), the IT services group, confirms the
details of a major training contract with Galileo International.  The contract
will be worth a seven-figure sum a year for two years with a start date for
delivery of training of April 2003.


This contract win by Parity Training was mentioned in the Group's interim
results statement on 25 September 2002 as being the fourth outsourcing agreement
won since the beginning of 2002.  At the time this took total annual Training
outsourcing revenues under framework agreements to £10.0 million per annum over
the next three years.  Parity also highlighted the importance of the contract in
assisting the expansion of the Group's training business in mainland Europe.
The cost of competing for the contract has been written off within operating
costs as incurred throughout 2002, as anticipated at the time of the interim
results announcement.


Galileo International provides electronic global distribution services to the
travel industry which enable travel agencies and other subscribers to access
schedule and fare information, book reservations and issue tickets for over 500
airlines.  Parity will provide customised training courses in Galileo's
solutions for all its new customers and supply on-going training programmes for
its existing customers.  Parity will also provide specialist training workshops
and e-learning content, as required.  It is anticipated that under the contract,
Parity will train approximately 10,000 people each year.


Parity will provide the training at locations across the UK and selected
locations across Europe, the Middle East and Africa.  A key factor in Parity's
success in tendering for the contract was its ability to meet Galileo's existing
demand for location and training content across these regions.


Ian Miller, Chief Executive of Parity, said: 'This is a significant contract win
for Parity which leverages our mainland Europe capabilities and adds to the
credibility of our training business in competing for and winning major global
contracts.  Work has already started on the contract and we look forward to
beginning to deliver training courses from April next year.'



Ends



Enquiries:


Ian Miller, Chief Executive                         Harriet Keen/Emma Rutherford
Alison Leyshon, Finance Director                    Financial Dynamics
Parity Group plc                                    Tel: [phone]
Tel: [phone]




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