Parity Regulatory News (PTY)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

5 June 2013

Parity Group plc ("Parity" or the "Company")

Result of General Meeting

Parity announces that all the resolutions put to the General Meeting held at 10.00 a.m. today were approved by the requisite majority of shareholders on a show of hands, and therefore the Company will proceed with its proposal to (i) cancel the listing of the Ordinary Shares on the Official List and to remove such Ordinary Shares from trading on the Main Market of the London Stock Exchange; (ii) apply for the Ordinary Shares to be admitted to trading on AIM; and (iii) raise £7 million (before expenses) by way of the placing of 25,925,926 new Ordinary Shares at a price of 27 pence each, conditional on admission to AIM.

A copy of the Resolutions passed at the General Meeting has been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.doand on the Company's website www.parity.net.

Details of the proxy votes received in advance of the meeting are shown below:

 Notes:1. The 'For' vote includes those giving the Chairman discretion.2. 'Votes withheld' are not counted when deciding whether or not a resolution is carried.3. The total number of Ordinary Shares in issue as at the date of the GM Notice was 75,248,094 carrying one vote each.

Next steps

It is expected that the last day of dealings in the Ordinary Shares on the Main Market will be 4 July 2013. Cancellation of the listing of Ordinary Shares on the Official List is expected to take effect at 8.00 a.m. on 5 July 2013. Admission is expected to take place, and dealings in Ordinary Shares (including the Placing Shares) are expected to commence on AIM, at 8.00 a.m. on 5 July 2013.

In connection with the application of the Ordinary Shares and New Ordinary Shares to be admitted to trading on AIM, the Company expects, later today to submit to AIM a pre-admission announcement in accordance with Rule 2 of the AIM Rules for Companies and publish on its website a document containing all information that will be required to be included in an AIM Admission Document which is not currently public.

Except as otherwise defined herein, capitalised terms have the same meanings as set out in the Circular dated 20 May 2013.

Ends