Holding(s) in Company

Parity Group plc

19 December 2002

LETTER TO: PARITY GROUP PLC - DATED 19 December 2002

FROM: EAGLET INVESTMENT TRUST PLC

SECTION 198 - 210 COMPANIES ACT 1985 (AS AMENDED)

As required under the terms of the above Act, I am writing to advise you of the
following transactions affecting notifiable interests held by the above
Company:

29.11.02    Bought       750,000       Ordinary 5p shares  
                                                           
17.12.02    Bought       2,654,547     Ordinary 5p shares  

These transactions leave the Trust's holding at 12,700,738 Ordinary 5p shares,
which according to our records, now represents a holding of 8.249% of this
class of capital.

The Shares will be held in the name of HSBC Global Custody Nominees Ltd,
Account Designate EAGLET - 866379.

FROM:    TINA PARSONS                                                        
                                                                             
         For and on behalf of                                                
                                                                             
         Sinclair Henderson Ltd