Trading Statement

Parity Group PLC 07 January 2008 7 January 2008 Parity Group PLC Pre-Close Trading Update Trading in the second half of 2007 has been in line with our expectations, with the mix of revenue and profit continuing to evolve as anticipated as we responded to the changing market and opportunities. Since we have relatively limited exposure to the financial services industry, volatility there has not materially impacted our performance. So far we have seen minimal impact on our business from the forecast economic slow-down. Whilst we are seeing some limited signs of increased pressure on lower margin activities and some client caution, since the latter part of 2007 we have been managing the business in the expectation of a tougher business climate while continuing the shift to more business critical and higher margin activities and maintaining tight cost control. For the coming year we target continued recovery and further operational improvement. ENDS Enquiries: Parity Group PLC 0845 873 6942 Alwyn Welch, Chief Executive Officer Ian Ketchin, Finance Director The Hogarth Partnership 020 7357 9477 John Olsen/Sarah Richardson Notes to editors: About Parity Group PLC Parity Group PLC is a UK-focused IT and Business services company, operating via three core business units - Parity Resources, Parity Solutions and Parity Training. Parity Resources is a leading IT recruitment specialist, with over 30 years experience in providing permanent and contract technology staff, temporary staff and managed recruitment services across all markets. Parity Solutions specialises in providing IT, Projects and Consulting, using leading edge technologies and drawing upon the depth of experience of its consultants in Programme and Project Management. Parity Training is one of the UK's leading Management and IT training providers. In addition to a comprehensive schedule of public courses, Parity delivers tailored learning solutions and customised programmes for major clients. Parity is listed on the London Stock Exchange, with a ticker of PTY.LN. This information is provided by RNS The company news service from the London Stock Exchange
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