Board Changes

Parallel Media Group PLC
02 July 2004

                            PARALLEL MEDIA GROUP PLC



                                 BOARD CHANGES



Parallel Media Group PLC ('PMG'), consolidates its structure following further
new investment from its Malaysian investors. PMG the international executive
sports company today announces a restructuring designed to consolidate its
global interests.



PMG, whose principle interests are in the world of international Tournament
Golf, holds licences to some of the most significant world golfing events. Its
event schedule is played over 26 different weeks in the year and covers Asia,
Latin America and Europe.



The reorganisation sees the board restructured along regional lines so that
clients and sporting authorities alike enjoy maximum contact and support from
the Group's most senior personnel.



From the 20th August 2004, Tan Sri Mohd Razali Rahman will take office as
Non-Executive Chairman for PMG and Parallel Media Asia working with David
Ciclitira who takes on the role as Group President and CEO and will be
responsible for the international growth of the company.



David Ciclitira stated - 'It has been my ambition over the last two years to
split the role of Chairman and Chief Executive. The proposed appointments are a
very good step for PMG both as a PLC and as a group of regional companies
focussed on golf.'



Tan Sri Razali is a director and chairman of Landmarks Berhad and Saujana
Consolidated Berhad, both listed on the main board of Bursa Saham Malaysia.
Saujana Golf and Country Club with its 2 international championship golf courses
has played hosts to numerous international golfing events including the
Malaysian Open, the Eisenhower Cup and the Espirito Santos Trophy.  It also
recently enjoyed the honour of being one of The British Open qualifying venues.



Through the Landmarks Group, Tan Sri Razali was involved in the development of
Datai Bay Resort, comprising 2 hotels, The Datai and The Andaman and the 18 hole
Datai Golf and Country Club, set in the rainforest of Langkawi. The spectacular
88-room 'The Datai' hotel has been voted by Conde Nast Traveler on numerous
occasions as one of the world's leading destinations in various categories for
hotel, resort and spa.



Other board movements include Graham Axford stepping down as Managing Director
but remaining on the board of the PMG subsidiaries, PGAA Media Ltd, which has a
long term agreement with the Tour de las Americas and Parallel Media Italia,
which represents the commercial rights of the Italian Rugby Federation.



Keld Kristiansen continues as a director of PMG and as the Managing Director of
Parallel Media Asia



For further information please contact



Leesa Peters, Conduit PR, [phone]



Wynton Faure, PMG, [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange