Director Declaration

1 August 2011

Parity Group plc (the "Company")

Directorate Declaration

In accordance with the requirements of the London Stock Exchange Listing Rule 9.6.14, the Company announces that David Courtley, Non-executive Director, has been appointed as Chief Executive of Phoenix IT Group plc effective from 1 August 2011.

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

Jeff Keating

MHP Communications +44 (0) 20 3128 8100

John Olsen / Ian Payne