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Record crowds attend Ballantine’s Golf Championship

30 Apr 2012 10:06

30 April 2012 Parallel Media Group PLC ("PMG" or the "Company") Record crowds attend the Ballantine's Golf Championship

Following the completion of PMG's 2012 Ballantine's Golf Championship yesterday in Korea, PMG is delighted that the tournament was a huge success with Bernd Wiesberger from Austria winning the tournament with two course records of 65 on rounds 2 and 3.

PMG had a record number of visitors attend the tournament held at Blackstone Golf Course, with 45,203 visitors over the four days. More than 23,000 of those attended on the final day. The tournament generated revenues for PMG of USD 8,822,000, up 5% compared with 2011.

David Ciclitira, Chairman of PMG, says:

"It has been a great weekend for PMG with the completion of the 5th and most successful Ballantine's Championship to date. We look forward to building on this success with our Title Sponsor Ballantines for next year's tournament in Korea"

Bernd Wiesberger, 2012 Ballantine's Champion,said:

"Every sportsman dreams about winning, especially a tournament that was so well organised and had such great players in the field"

-End-

For further information, please contact:

Parallel Media Group plc 020 7225 2000

David Ciclitira

Northland Capital Partners Limited 020 7796 8800

Luke Cairns, Edward HuttonNovus Capital Markets Limited 020 7107 1881Nicholas LeeBishopsgate Communications 020 7562 3350Deepali Schneider, Lynne Gouldingpmg@bishopsgatecommunications.com

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