AGM Statement

Parity Group PLC
13 June 2007


13 June 2007

                                Parity Group PLC

                                 AGM Statement


Parity Group PLC ('Parity' or 'the Group'), the UK IT services group, holds its
Annual General Meeting at 11.00am today. The following statement will be made by
John Hughes, Executive Chairman:


'Overall trading in the first months of 2007 has been in line with our
expectations. We continue to see good growth in revenue in a generally positive
market. This growth, combined with effective cost management, is expected to
generate first half results in line with market expectations.


Resourcing has continued to grow revenue, although at a slower rate in the
second quarter. As a result of differing margin mix and investment in new higher
profitability business streams first half profitability will be slightly below
last year's, although we expect performance to improve in the second half with
revenues remaining steady.


Our focus on the project and service management market in Training is delivering
growth in revenues and a good performance improvement over 2006.


Solutions has continued to experience the growth seen in the second half of 2006
as a result of strong sales over the last twelve months. Profitability is
expected to have improved further and to be ahead of the same period in 2006. We
continue to make sales and delivery progress in key programmes as well as in the
Microsoft (MOSS) technology area.


Continued strong delivery from each business unit married to cost management
will help sustain continued improvement in the second half. For the first time
in several years we have grown our net headcount in 2007 to deliver the new
business we have been winning.


Overall this means that the business continues in the direction set out in 2006,
and our plan for performance improvement is well on track, albeit with a
slightly different contribution from each business unit than was expected at
that time. Strong operational improvement remains the first priority for Parity.


We have also announced today that Lord Roger Freeman will join the Board as
Non-Executive Chairman on 1st July. He brings extensive business experience both
as an executive and as Chairman of a number of private and public companies,
together with a period in parliament and in the Government. In May we also
welcomed Ian Ketchin as Finance Director. The Board believes that these changes
will continue to strengthen our Group.


Parity intends to announce its interim results for the six months ending 30 June
2007 in September 2007.'


                                      ENDS

Enquiries:
Parity Group PLC                                 0845 873 6942
John Hughes, Chairman
Alwyn Welch, Chief Executive Officer

The Hogarth Partnership                         020 7357 9477
John Olsen/Sarah Richardson


Notes to editors:


About Parity Group PLC


Parity Group PLC is a UK-focused IT and Business services company, operating via
three core business units - Parity Resources, Parity Solutions and Parity
Training.


Parity Resources is a leading IT recruitment specialist, with over 30 years
experience in providing permanent and contract technology staff, temporary staff
and managed recruitment services across all markets.


Parity Solutions specialises in providing IT, Projects and Consulting, using
leading edge technologies and drawing upon the depth of experience of its
consultants in Programme and Project Management.


Parity Training is one of the UK's leading Management and IT training providers.
In addition to a comprehensive schedule of public courses, Parity delivers
tailored learning solutions and customised programmes for major clients.


Parity is listed on the London Stock Exchange, with a ticker of PTY.LN.




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