Result of AGM

6 May 2009

                           Parallel Media Group plc                            

                           ("PMG" or the "Company")                            

                       Result of Annual General Meeting                        

At the Company's annual general meeting, held yesterday, all the resolutions
were duly passed.

Contact Details

For more information please contact:

Martin Doherty                                             [phone]
                                                                               
Finance Director, Parallel Media Group                                         
Plc                                                                            
                                                                               
Tony Rawlinson / Antony Legge                              [phone]
                                                                               
Dowgate Capital Advisers Limited                                               
                                                                               
www.parallelmediagroup.com