Change of Nomad and Broker

11 Sep 2009 07:00

11 September 2009 PARALLEL MEDIA GROUP PLC CHANGE OF ADVISER

Following the acquisition of Dowgate Capital plc by Astaire Group plc, Parallel Media Group plc announces that it has changed its nominated adviser and broker to Astaire Securities plc with immediate effect.

For further information please contact:

Martin Doherty Parallel Media Group Plc 020 7225 2000 Lindsay Mair Astaire Securities plc 020 7448 4400