Interim Management Statement

Parity Group PLC
02 May 2008


2 May 2008


                                Parity Group plc

                          Interim Management Statement


Parity Group PLC, the UK IT services group, today announces its first Interim
Management Statement, which covers the period from 1 January 2008.


Resources has made a good start to the year. As a result of our market focus we
are experiencing continued strong demand with first quarter gross margin rates
improving over the same period in the prior year and contractor numbers growing
through the quarter. We are keeping discretionary spending tight, whilst
gradually increasing our selling capacity to be able to respond to the market
opportunities that continue to emerge.


Training experienced a weak first quarter due to delays in orders from clients,
which we believe was due to the macro economic environment. However since then
we have seen a significant improvement in demand, which, combined with some
further cost reductions, is already beginning to deliver a strong second quarter
and is expected to continue in subsequent quarters.


Solutions has also experienced some delays in award of contracts. We are
responding with highly focused selling activities, which are starting to yield
good results across new and existing clients. We are also effecting cost
reductions, to reduce a small but persistent excess of capacity. However, the
full benefit of these measures will not be seen until the third quarter.


Management has taken these prompt actions in light of this trading weakness,
initiating targeted cost reductions and re-focusing some sales efforts.


The Board anticipates that trading in the second quarter will show a good
recovery in profitability, but the first quarter weakness, and the associated
non-recurring charges (which are expected to amount to £500k) will result in a
weaker than expected first half. While the Board is still anticipating good
progress in 2008 over what has been achieved to date, the current trading
outlook for the year is below management's previous expectations, and will be
significantly weighted towards the second half.


                                      ENDS

Enquiries:
Parity Group PLC                                          0845 873 6942
Alwyn Welch, Chief Executive Officer
Ian Ketchin, Finance Director

The Hogarth Partnership                                   020 7357 9477
John Olsen/Sarah Richardson


Notes to editors:


About Parity Group PLC

Parity Group PLC is a UK-focused IT and Business services company, operating via
three core business units - Parity Resources, Parity Solutions and Parity
Training.

Parity Resources is a leading IT recruitment specialist, with over 30 years
experience in providing permanent and contract technology staff, temporary staff
and managed recruitment services across all markets.


Parity Solutions specialises in providing IT, Projects and Consulting, using
leading edge technologies and drawing upon the depth of experience of its
consultants in Programme and Project Management.

Parity Training is one of the UK's leading Management and IT training providers.
In addition to a comprehensive schedule of public courses, Parity delivers
tailored learning solutions and customised programmes for major clients.




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