Directorate Change

Parkmead Group (The) PLC
06 October 2006


6 October 2006

                     The Parkmead Group plc (the 'Group')

                    Appointment of Non-Executive Director

The Board of The Parkmead Group plc, the investment group, announces the
appointment of Thomas Cross as a Non-Executive Director, with immediate effect.

Thomas Cross, aged 45, is Chief Executive Officer of Dana Petroleum plc, which
he co-founded. He is a Chartered Director and Petroleum Engineer.

After graduating with a First Class Honours Degree in Engineering, Mr Cross went
on to hold senior positions with Conoco, Thomson North Sea and Louisiana Land
and Exploration. Before founding Dana Petroleum, he was Director of Engineering
at the UK's Petroleum Science and Technology Institute.

Mr Cross is the Chairman of BRINDEX, the Association of British Independent Oil
Companies, and a Fellow of the Institute of Directors. He is also a former
Chairman of the Society of Petroleum Engineers and advisor to BBC Radio on oil
and gas affairs.

Thomas is currently a director of Dana Petroleum (E and P) Limited, Energy
Management Associates Limited, Dana Petroleum Public Limited Company, Aupec
Limited, Tilestamp Limited, and UK Offshore Operations Limited. In the last 5
years has been a director of Dana Petroleum Russia Limited and Aberness Limited.

There is no further information to disclose in respect of Thomas Cross under
paragraph (g) of schedule 2 of the AIM Rules.

Niall Doran, Chief Executive of The Parkmead Group plc said:

'We are delighted to welcome Tom to the Board. He brings with him a track record 
of business success, spanning many years and a number of sectors, which will be 
of great benefit to the Group.'


Ends

For further information:

The Parkmead Group plc
Gordon Ashworth, Niall Doran                                       020 7494 3080

Madano Partnership (PR to The Parkmead Group plc)
Matthew Moth/Toby Wilkinson                                        020 7593 4000





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