Director/PDMR Shareholding

24 Jan 2011 10:55

24 January 2011 Parallel Media GroupPlc ("the Company") Director/PDMR shareholding The Company was informed on 24 January 2011 that Ranjit Murugason, a directorof the Company, had acquired 12,500 shares in the Company at 36.2p per share on24 January 2011.

Following this acquisition, Mr Murugason is interested in 775,000 shares, representing 5.02 % 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 Limited 020 7492 4750 Charles Goodfellow Novus Capital Markets Limited 020 7107 1850