Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

PARITY GROUP PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to notification obligation:

Revera Asset Management Ltd

4. Full name of shareholder(s) (if different from 3):

5. Date of transaction (and date on which the threshold is crossed or reached if different):

26 June 2008

6. Date on which issuer notified:

02 July 2007

7. Threshold(s) that is/are crossed or reached:

Below 3%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

Ordinary

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

1,721,902

Number of voting rights

1,721,902

Number of shares

n/a

Number of voting rights

Percentage of voting rights

Direct

n/a

Indirect

n/a

Direct

Under 3%

Indirect

n/a

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

Under 3%

Under 3%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Funds under management of Revera Asset Management Limited

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14 Contact name:

Stephen Grant

15. Contact telephone name:

0131 524 6150