Result of Meeting

RNS Number : 7715B

Parkmead Group (The) PLC

02 November 2009

THE PARKMEAD GROUP PLC

("Parkmead" or the "Company")

Result of General Meeting

The Board is pleased to announce that all the Resolutions to approve, inter alia the Acquisition and the Capital Reorganisation were duly passed at the Company's General Meeting held earlier today.

Application has been made to the London Stock Exchange for the Acquisition Shares to be admitted to trading to AIM. It is expected that such admission will occur on 3 November 2009. The Acquisition Shares will, when issued, rank equally in all respects with the other New Ordinary Shares in issue including the right to receive dividends and other distributions declared.

Following Completion the shareholdings of Directors and other shareholders interested directly or indirectly in 3 per cent. or more of the Enlarged Ordinary Share Capital, so far as the Company is aware, are set out below:

Name of shareholder	Number of New Ordinary Shares following Completion	Percentage of issued New Ordinary Shares following Completion (%)

Thomas Cross	85,414,701	14.15
Linda Cross	84,346,824	13.97
David Mills	63,146,567	10.46
Schroder Investment Management	59,717,220	9.89
Ken Olisa	35,610,076	5.90
Niall Doran	35,491,677	5.88
Nightwish Investment Limited	30,300,000	5.02
Colin Goodall (through the Burlane Trust)	12,000,000	1.99
John Leggate	800,000	0.13
Gordon Ashworth	200,000	0.03

Following the admission of the Acquisition Shares, the Enlarged Ordinary Share Capital of the Company will have increased to 603,635,898 New Ordinary Shares of 0.1 nominal value each.

All defined terms used in this announcement have the same meaning as stated in the circular dated 12 October 2009 sent to shareholders in connection with the Proposals.

For further information please contact:

The Parkmead Group Plc:

Niall Doran CEO

Gordon Ashworth CFO

020 7494 5770

Charles Stanley Securities

Nominated Adviser and Broker

Rick Thompson / Ben Johnston / Carl Holmes

020 7149 6000

Madano Partnership

Financial Public Relations

Mathew Moth