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Director/PDMR Shareholding

31st Mar 2011 10:52

31 March 2011 Parallel Media Group Plc ("the Company") Director/PDMR Shareholding

The Company has today been informed that Stewart Mison has today transferred 370,370 ordinary shares in the Company ("Ordinary Shares") to his SIPP at 27p per Ordinary Share. Following this transfer, there is no change in Stewart Mison's beneficial interest in the Company, which remains at 612,500 Ordinary Shares representing 3.97% of the Company's current issued share capital with voting rights.

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 020 7107 1850

Novus Capital Markets Limited

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