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Parallel Media Group (PAA)

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Wednesday 30 July, 2003

Parallel Media Group

AGM Statement

Parallel Media Group PLC
30 July 2003

30 July 2003



                    Parallel Media Group plc (the 'Company')

                             Annual General Meeting

At the Annual General Meeting of the Company held earlier today, it was resolved
that the meeting should be adjourned pending publication of the Company's annual
report and accounts for the period ended 22 January 2003.



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