Revised Notice of AGM

07.07.11

                           Parallel Media Group PLC                            

                           ("PMG" or the "Company")                            

                             Revised Notice of AGM                             

Parallel Media Group Plc announces that the Annual General Meeting (AGM) will
now be held at 9 am on 29 July 2011 at The East India Club, 16 St James's
Square, London SW1Y 4LH.

The notice of AGM is available on the Company's website at
www.parallelmediagroup.com

                                     -End-                                     

For further information, please contact:

Parallel Media Group                                020 7225 2000
David Ciclitira, Charlie Wale

Northland Capital Partners                          020 7796 8800
Luke Cairns, Edward Hutton

Bishopsgate Communications
Laura Stevens, Deepali Schneider, Natalie Quinn     020 7562 3350
[e-mail]