Holding in Company

Parity Group PLC
20 December 2001


LETTER TO PARITY GROUP PLC

Companies Act 1985 (as amended):
Disclosure of Interest 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 attached schedule is Laurence Pountney Hill London EC4R OHH.


FROM   TOM DOWLER
       FOR AND ON BEHALF OF PRUDENTIAL PLC



            Notifiable Position Report for PARITY GROUP ORD GBP0.05
                         as at 19 December 2001

Percentage holdings are calculated using an issued share capital of 153,854,962
ORD GBP0.05 shares

                  Registered Holder              Holding     %    
Prudential Plc                                  5,365,000 3.48  Total Notifiable
                                                                Interest
                  PRUCLT HSBC GIS NOM(UK)PAC AC 5,310,000   
                  PRUCLT HSBC GIS NOM(UK)PPL AC    55,000

The Prudential
Assurance Co Ltd
                                                5,365,000 3.48  Total Notifiable
                                                                Interest
                  PRUCLT HSBC GIS NOM(UK)PAC AC 5,310,000   
                  PRUCLT HSBC GIS NOM(UK)PPL AC    55,000