Not for release, publication or distribution in or into the United States,
Australia, Canada, Japan, the Republic of Ireland or the Republic of South
Africa

13 October 2003

Parity Group plc

                                 Result of EGM                                 

Parity Group plc ("Parity"), the international IT services group, is pleased to
announce that, at the extraordinary general meeting held today, the resolution
put to shareholders in relation to the proposed rights issue was duly passed.

Accordingly, provisional allotment letters in respect of the rights issue
(details of which are set out in the prospectus which was issued to Parity
shareholders on 25 September 2003) will be posted to qualifying non-CREST
shareholders today and qualifying CREST shareholders will have their stock
accounts credited tomorrow.

Dealings in 134,722,122 new ordinary shares in nil paid form will commence on
the London Stock Exchange at 8.00am tomorrow, 14 October 2003.  The latest time
and date for acceptance and payment in full for new ordinary shares is 10.30am
on 5 November 2003.

For further information contact:

Parity Group plc   Ian Miller, Chief Executive      020 7776 0800
                                                                 
                   Alison Leyshon, Finance Director              
                                                                 
Financial Dynamics Giles Sanderson                  020 7831 3113
                                                                 
Public Relations   Harriet Keen                                  
                                                                 



END