Director/PDMR Shareholding

13 Dec 2010 17:19

13 December 2010 Parallel Media Group ("PMG" or "the Company") Director/PDMR shareholding The Company was informed on 10 December 2010 that Ranjit Murugason, a directorof the Company, had acquired 12,500 shares in the Company at 37.5 per share on6 December 2010.

Following this acquisition, Mr Murugason is interested in 762,500 shares, representing 4.94 % of the issued share capital of the Company.

For further information, please contact:

Stewart Mison, Martin Doherty Parallel Media Group Plc 020 7225 2000 Luke Cairns, Edward Hutton Northland Capital Partners Ltd 020 7492 4750 Charles Goodfellow, Novus Capital Markets Limited 020 7107 1850 Paul Dudley Alex Giacchetti, Bishopsgate Communications Ltd 020 7562 3350 Laura Stevens