Directorate Change

12 January 2017

Parallel Media Group Plc ("PMG" or the "Group")

Directorate Change

Parallel Media Group Plc (AIM: PAA), a leading event marketing and media agency, announces that Timothy Sturm, non-executive director of the Group, following the disposal of the remaining interest of Harwood Capital LLP in the ordinary shares of PMG, has resigned from the Board with immediate effect.

For further information please contact:

Parallel Media Group Plc

David Ciclitira Tel: 020 7225 2000

Stockdale Securities Limited

Robert Finlay / Edward Thomas Tel: 020 7601 6100