Holding(s) in Company

Parallel Media Group PLC
07 October 2003



7 October 2003


                            Parallel Media Group Plc
                             Holding(s) in Company

Parallel Media Group Plc (the 'Company') received notification that Edinburgh
Fund Managers plc no longer has a notifiable interest under the provisions of
sections 198-202 of the Companies Act 1985 in the ordinary shares of the
Company.
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