Causeway Trophy 2014 Title Sponsorship

3 April 2014

Parallel Media Group PLC

("PMG" or the "Company")

Causeway Trophy 2014 Title Sponsorship

Further to the success of the 2013 Causeway Trophy, the Company is delighted to announce that Prudential Assurance Company Singapore Pte. Ltd ("Prudential") will be title sponsor to the Causeway Trophy 2014 in Singapore.

The Causeway Trophy is the Company's annual golf event played in a Ryder Cup-style between professional golfers from Singapore and Malaysia. Participants will include both established touring professionals, as well as some up-and-coming stars, with each team of 12 represented by a team captain.

The tournament, which is due to take place at the prestigious Laguna National Golf and Country Club in Singapore from 6 to 8 June 2014, is co-sanctioned by the Singapore Professional Golfers' Association (Singapore PGA) and the Professional Golf Association of Malaysia (PGA Malaysia).

The title sponsorship agreement with Prudential covers the 2014 Causeway Trophy and has the option to continue for a further year, at Prudential's request, within a set period of time from the final day of the Prudential Causeway Trophy in 2014.

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