PTY.L Regulatory News (PTY)

3 November 2011

Parity Group plc ("Parity")

Board Changes

Parity Group plc, the UK IT services group, announces the following Board changes.

Mike Phillips ACA, aged 49, joins the Board as a Non-Executive Director, with immediate effect. Mike has more than 10 years' experience as a public company director and is currently Chief Financial Officer of Micro Focus International plc. Previously Mike was Group Finance Director and then Chief Executive Officer of Morse plc until its successful sale to 2e2 in June 2010. His other public company directorship in the last five years is Microgen plc where he was Group Finance Director from August 1998 until February 2007.

Nigel Tose, a Non Executive Director since 2006, has informed the Board that he wishes to step down from the Board at the next board meeting on 22nd November 2011. Mike Phillips will take over from Nigel Tose as Chairman of the Audit Committee.

There are no further details to disclose under Listing Rules 9.6.13 (2) to (6).

Chairman Philip Swinstead said:

"I welcome Mike to the Board. He has extensive experience both of the IT sector and of quoted company stewardship, and I am delighted that Parity will benefit from this going forward.

"On behalf of the Board, I would like to thank Nigel for his valuable contribution to Parity over the past five years and particularly for his support during the last year whilst the new management has moved the business into less turbulent waters."

In a separate announcement, Parity has today issued its Interim Management Statement for the period 1st July to 3rd November 2011.

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For further information, please contact:

Parity Group plc +44 (0) 845 873 6942

Philip Swinstead, Chairman

Paul Davies, Chief Executive

Singer Capital Markets +44 (0) 20 3205 7500

Shaun Dobson

MHP Communications +44 (0) 20 3128 8100

John Olsen / Ian Payne