Rule 8.3- Parity Group plc

26 Jan 2006 07:00

Dominick Company AG25 January 2006 Disclosure of Dealing by a Person with an Interest in Securities Representing 1% or more (Rule 8.3 of the City Code on Takeovers and Mergers) On behalf of Dominick Company AG ("the Bank"), a Swiss private bank, we herebydisclose that the Bank is interested in 67,738,936 ordinary shares in ParityGroup plc, representing 23.46% of Parity's reported issued share capital. TheBank has this interest by virtue of a pledge which was granted to the Bank byone of its customers to secure financial facilities made available to thatcustomer through which the above shares were acquired. The pledge provides among other things that, in the event of non-repayment ofthe financial facilities on the agreed date, the Bank may, if it so chooses,require the shares to be transferred to it. While repayment has not occurred,the Bank has not yet taken any decision on whether to exercise this right. Spearhead Limited, Inc. announced on 9 January 2006 that it is interested in 67,438,936 of the above shares. This information is provided by RNS The company news service from the London Stock Exchange