Live Company Regulatory News (LVCG)

Parallel Media Group PLC (PAA.L)

("PMG" or the "Company")

PMG to promote "Premier League Golf" at Marina Bay Sands, Singapore

PMG, the AIM quoted sports, entertainment and media agency, announces that it has signed an agreement to promote "Premier League Golf" - a celebrity golf event to be staged in Singapore.

The event, to be held on the 20 and 21 June 2013 at Marina Bay Sands Integrated Resort in Singapore, will feature a number of sporting celebrities from the world of Premier League football (some of which are listed below), playing alongside VIP guests of Marina Bay Sands.

- Rio Ferdinand

- Peter Crouch

- Harry Redknapp

- Andrew Cole

- Dwight Yorke

- Glenn Hoddle

- Robbie Fowler

- Ian Wright

- Les Ferdinand

- John Barnes

- Ozzie Ardilles

- Peter Reid

- Denis Irwin

- David Seaman

- Owen Hargreaves

A number of these elite professional players will participate in a clinic with students from Marina Bay Sands' designated charities. The footballers will teach a group of 80 students to perfect the art of juggling, dribbling and taking a penalty.

This is the third new event that PMG has added to its golf portfolio in the last seven months - having promoted the ADT Caps Ladies Masters Golf Tournament that was held in Singapore last November, and launched the Causeway Trophy which that will be held from 7th- 9th June 2013.

Marina Bay Sands is one of the leading business, leisure and entertainment destinations in Asia. It features large and flexible convention and exhibition facilities, 2,560 hotel rooms and suites, the rooftop Sands SkyPark, the best shopping mall in Asia, world-class celebrity chef restaurants and an outdoor event plaza

David Ciclitira, Chairman of PMG said:

"PMG is pleased to have added this unique event to its golf portfolio. With its star-studded line-up, Premier League Golf has the potential to become a permanent addition to Singapore's exciting calendar of events, and PMG could not have found a better partner than Marina Bay Sands."

Mark Juliano, Senior Vice President (Marketing) of Marina Bay Sands said:

We are delighted to be working with PMG on this wonderful initiative and for it to extend our corporate social responsibility programme, Sands for Singapore.

Peter Reid said:

"I'm really excited to be involved in what I'm sure is going to be a fun event. Marina Bay Sands is a world-class venue, and I'm sure that me and the boys will have a fantastic time!" -End-

For further information, please contact:

Parallel Media Group plc (London) 020 7225 2000

Amelia Wix

Northland Capital Partners Limited 020 7796 8800

Luke Cairns, Edward Hutton