Holding in Company

Parity Group PLC
16 February 2001


Letter to Parity Group Plc
Dated 15 February 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 attached schedule.

Following a recent review of all M&G fund registration details, you may notice
that a number of changes have occurred to information previously disclosed to
yourselves.  It must be stressed that it is not a change to our notifiable
interests in the voting shares of your company that has generated this
notification, but merely a change in registration details.

For the purposes of S210 of the Act, the address for those companies identified
in the attached schedule is Laurence Pountney Hill London EC4R 0HH.


      Notifiable Position Report for Parity Group Ord GBP 0.05
                      as at 14 February 2001


Percentage holdings are calculated using an issued share capital of 153,500,578
ORD GBP 0.05 shares

                    Registered Holder          Holding     %    Total Notifiable
                                                                Interest

Prudential plc                                 5,432,000   3.53  
                 PRUCLT HSBC GIS NOM(UK)PAC AC 5,410,000
                 PRUCLT HSBC GIS NOM(UK)PPL AC    22,000


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


Letter from M&G Investment Management Limited