Holding(s) in Company

Parity Group PLC
19 March 2007

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to which
    voting rights are attached
    PARITY GROUP PLC

2.  Reason for the notification (please tick the appropriate box or boxes)

    An acquisition or disposal of voting rights                              (X)

    An acquisition or disposal of financial instruments which may result in  ( )
    the acquisition of shares already issued to which voting rights are
    attached

    An event changing the breakdown of voting rights                         ( )

    Other (specify):                                                         ( )

3.  Full name of person(s) subject to the notification obligation:
    Royal Bank of Scotland as Trustees of the Merrill Lynch UK Smaller
    Companies Fund

4.  Full name of shareholder(s) (if different from 3.)

5.  Date of the transaction (and date on which the threshold is crossed or
    reached if different):
    15 March 2007

6.  Date on which issuer notified:
    16 March 2007

7.  Threshold(s) that is/are crossed or reached:
    Gone from 4% to 5%

8.  Notified details:

A. Voting rights attached to shares

Class/type of shares (if possible using the ISIN code)  Ordinary (GB00B1235860)

Situation previous to the     Resulting situation after the triggering
triggering transaction        transaction
Number of    Number of Voting Number of    Number of voting     % of voting
Shares       Rights           shares       rights               rights
                              Direct       Direct     Indirect  Direct  Indirect
1,688,303    1,688,303        1,988,303    1,988,303  n/a       5.24%   n/a

B. Financial Instruments

Resulting situation after the triggering transaction
Type of      Expiration Exercise/     Number of voting rights that may   % of
financial    date       Conversion    be acquired if the instrument is   voting
instrument              Period/Date   exercised/converted                rights

Total (A+B)
Number of voting rights        % of voting rights
1,988,303                      5.24%

9.  Chain of controlled undertakings through which the voting rights and/or the
    financial instruments are effectively held, if applicable:

Proxy Voting:
10.  Name of the proxy holder:

11.  Number of voting rights proxy holder will cease to hold:

12.  Date on which proxy holder will cease to hold voting rights:

13.  Additional information:

14:  Contact name:

15.  Contact telephone number:

Annex - Notification of Major Interests in Shares

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):   BlackRock, Inc
Contact address (registered office for legal           33 King William Street,
entities)                                              London EC4R 9AS
Phone number                                           020 7743 2098
Other useful information (at least legal               Thomas Hone
representative for legal persons):

B: Identity of the notifier, if applicable
Full name:
Contact address:
Phone number:
Other useful information (at least legal relationship 
with the person or legal entity subject to the 
notification obligation):

C: Additional information





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