Change of Adviser

Parkmead Group (The) PLC
10 August 2007


10 August 2007

                             The Parkmead Group plc
                               Change of Adviser


The Board of The Parkmead Group plc (the 'Company') is pleased to announce the
appointment of Charles Stanley Securities as the Nominated Adviser and sole
Broker to the Company with immediate effect.


Enquiries:

The Parkmead Group plc                                             020 7494 3080
Niall Doran, Chief Executive / Gordon Ashworth, Chief Financial Officer

Charles Stanley Securities                                         020 7149 6000
Philip Davies / Carl Holmes



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