Appointment

Parallel Media Group PLC 28 April 2005 Parallel Media Group plc ('PMG') Appointment of PMG subsidiary as promoter of international professional golfing events in Kazakhstan The Board of PMG is pleased to announce that its wholly owned subsidiary Parallel Media Europe Ltd ('PME') has been appointed by the National Federation of Golf of the Republic of Kazakhstan ('NFGK') as the exclusive promoter of international professional golfing events in Kazakhstan for an initial term of 3 years. PME and NFGK will work together to raise funds to cover the costs of golfing events including the inaugural 'Kazakhstan Open' which has been sanctioned by the PGA European Challenge Tour. The tournament, with a prize purse of €250,000, will be played at the Nurtau Golf Club, Almaty, from September 22nd to September 25th 2005 and becomes the first professional golf tournament in the country's history. PME has no obligation to fund any events itself. Subject to all event costs being fully funded, PME will receive 35% of any event surpluses. David Ciclitira, PMG's Group President & CEO commented, 'It's a great honour for PME to promote the inaugural Kazakhstan Open this coming September and a wonderful achievement for the National Federation of Golf in Kazakhstan. We are especially grateful to Karen Humphreys, Consultant to PME for originating the idea for this project and to Corporate Finance Partners who conducted all negotiations and advised NFGK throughout. With the support of the European Challenge Tour and the commitment of the NFGK, I am sure the Kazakhstan Open will be a welcome addition to the Challenge Tour calendar and a wonderful catalyst for encouraging the growth of the game in Kazakhstan.' About Parallel Media Group Parallel Media Group plc ('PMG') is a leading sports marketing, media and management company. PMG specialises in the world of professional golf, owning extensive commercial and broadcast rights throughout Asia, Europe and the Americas. PMG aims to provide its clients with a world-class professional service combining local market knowledge with international business expertise and deliver a new vision for professional golf. PMG currently promote five European Tour events in Asia, making the company the largest independent promoter on Tour, these events include The Omega Hong Kong Open, Caltex Masters Singapore presented by Carlsberg, Carlsberg Malaysian Open, TCL Classic and Enjoy Jakarta Standard Chartered Indonesia Open. For more information, please contact: Wynton Faure Group Communications Parallel Media Group +44 (0) 207225 2000 w.faure@parallelmediagroup.com www.parallelmediagroup.com This information is provided by RNS The company news service from the London Stock Exchange
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