Directorate Change

THE PARKMEAD GROUP PLC

("Parkmead" or the "Company")

Directorate Change

Parkmead reports that Mr Niall Doran has ceased to be the Company's Chief Executive Officer with immediate effect. Mr Tom Cross, Parkmead's Executive Chairman will replace Mr Doran. The Board of Directors would like to take this opportunity to thank Niall for his efforts on behalf of the Company over the last five years and wish him every success in his future endeavours.

For further information please contact:

The Parkmead Group plc 01224 622200

Tom Cross, Executive Chairman

Donald MacKay, Chief Financial Officer

Charles Stanley Securities 020 7149 6000

Nominated Adviser & Broker

Marc Milmo

Carl Holmes

Luke Webster