Holding in Company

Parity Group PLC
23 April 2001

LETTER TO PARITY GROUP DATED 20 APRIL 2001

Please be advised, as of April 18 2001, Lazard Freres & Co. LLC, doing business
as Lazard Asset Management, and its subsidiaries material interest in shares of
Parity Group Plc has fallen below the 3% reporting threshold. Our current
holdings total 4,331,600 voting shares (2.821%). The following is the breakdown:

        Lazard Freres & Co. LLC           4,331,600 voting shares (2.821%)
        Lazard Asset Management Ltd       0 voting shares (0%)

FROM LAZARD FRERES & CO LLC


LETTER TO PARITY GROUP DATED 23 APRIL 2001

Companies Act 1985 (as amended)
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended)(the 'Act'), we
write to inform you that Prudential plc and certain of its subsidiary companies
have a notifiable interest in the issued share capital of your company as
detailed in the schedule below.

For the purposes of S210 of the Act, the address for those companies identified
in the schedule is Laurence Pountney Hill, London, EC4R OHH.

FROM M&G INVESTMENT

           Notifiable Position Report for PARITY GROUP ORD GBP0.05
                          as at 20 April 2001      

Percentage holdings are calculated using an Issued share capital of 153,528,379
ORD GBP0.05 Shares

                Registered
                  Holder                      Holding         %

Prudential PLC                                6,289,143     4.09   Total        
                                                                   Notifiable   
                                                                   Interest

                PRUCLT HSBC GIS NOM(UK)PAC AC 5,410,000
                PRUCLT HSBC GIS NOM(UK)PPL AC    22,000
                ROY NOMINEES 578079             857,143

The Prudential Assurance Company Limited      5,432,000      3.53%
              
                PRUCLT HSBC GIS NOM(UK)PAC AC 5,410,000 
                PRUCLT HSBC GIS NOM(UK)PPL AC    22,000