Holding(s) in Company

Parallel Media Group PLC
08 October 2003


8 October 2003


                            Parallel Media Group Plc
                             Holding(s) in Company

Parallel Media Group Plc (the 'Company') yesterday received notification that
Merrill Lynch & Co., Inc has an interest under the provisions of sections
198-202 of the Companies Act 1985 in 745,242 ordinary shares representing
approximately 3.36 per cent. of the Company's issued ordinary shares.


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