Record crowds attend Ballantine’s Golf Champi...

30 April 2012

                           Parallel Media Group PLC                            

                           ("PMG" or the "Company")                            

            Record crowds attend the Ballantine's Golf Championship            

Following the completion of PMG's 2012 Ballantine's Golf Championship yesterday
in Korea, PMG is delighted that the tournament was a huge success with Bernd
Wiesberger from Austria winning the tournament with two course records of 65 on
rounds 2 and 3.

PMG had a record number of visitors attend the tournament held at Blackstone
Golf Course, with 45,203 visitors over the four days. More than 23,000 of those
attended on the final day. The tournament generated revenues for PMG of USD
8,822,000, up 5% compared with 2011.

David Ciclitira, Chairman of PMG, says: 

"It has been a great weekend for PMG with the completion of the 5th and most
successful Ballantine's Championship to date. We look forward to building on
this success with our Title Sponsor Ballantines for next year's tournament in
Korea"

Bernd Wiesberger, 2012 Ballantine's Champion,said:

"Every sportsman dreams about winning, especially a tournament that was so well
organised and had such great players in the field"

                                     -End-                                     

For further information, please contact:

Parallel Media Group plc                                          020 7225 2000
David Ciclitira

Northland Capital Partners Limited                                020 7796 8800
Luke Cairns, Edward Hutton

Novus Capital Markets Limited                                     020 7107 1881
Nicholas Lee

Bishopsgate Communications                                        020 7562 3350
Deepali Schneider, Lynne Goulding
[e-mail]