Notification of Possible Share Scam

8 March 2016

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

Notification of Possible Share Scam

The Directors of PMG have recently been made aware that shareholders in the Group have received unsolicited approaches from persons attempting to persuade them to enter into transactions regarding their PMG shares. The Directors urge shareholders to exercise extreme caution if they receive unsolicited communication regarding their investment in the Group. Shareholders are advised to email info@parallelmediagroup.com with details of any such communications.

Please follow this link to the FCA website to find further information relating to share scams:

http://www.fca.org.uk/consumers/scams/investment-scams/share-fraud-and-boiler-room-scams

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