Directors' Notification of Dealing in Shares

Parity Group PLC
19 May 2000


                       Parity Group plc

The following announcement of directors' interests in ordinary
shares of Parity Group plc ('the Company') is made pursuant to
the requirements of section 324 and Schedule 13 of the
Companies Act 1985.

The Company was today advised that on 14 April 2000, the
Swinstead London Trust transferred 750,000 ordinary shares in
the Company to members of the Swinstead family, resulting in a
decrease in the beneficial interest of Mr P E Swinstead in the
share capital of the Company of 300,000 shares.