Disposal

Parkmead Group (The) PLC
06 October 2006


6 October 2006




               The Parkmead Group plc ('Parkmead' or the 'Group')

           Announcement of the sale of Audio Visual Machines Limited


The Board of Parkmead would like to announce that the Group has sold its entire
holding in Audio Visual Machines Limited (AVM) for a consideration of £1.275
million before expenses.  Parkmead acquired AVM in January 2005 for a
consideration of £0.500 million.


Niall Doran said:

'We believe that the proceeds from this sale represent good value to the
shareholders of the Parkmead Group.  The proceeds will be used to develop our
turnaround and advisory businesses'



Enquiries:

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

Madano Partnership                                            020 7593 4000
Matthew Moth / Toby Wilkinson




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