Re: Analyst visit

Parity Group PLC
15 November 2001

                               Parity Group plc

                  Comment on Trading Ahead of Analyst Visit

15 November 2001

Parity Group plc, the international IT services company, is this morning
hosting an analyst and investor visit at which it will discuss the Group's
strategy and service offerings.  This will demonstrate how Parity's strategy
is being implemented successfully, as evidenced by recent contract wins.

The Group will also take this opportunity to confirm that its trading
performance for the current financial year is within the range of market
forecasts, albeit at the lower end.  While the order book is growing, the
fourth quarter is seeing a number of project start-ups being delayed into the
New Year.

The restructuring exercise announced in May is progressing well and is ahead
of schedule, and costs are being reduced at an annual run rate of
approximately £5 million.  That compares with the previous estimate of
full-year savings of £2 million.  The restructuring has been done carefully by
re-engineering the business and support model and will not impede the ability
of the Group to continue to increase its market share.  Restructuring charges
will also be somewhat higher than previously estimated but the ongoing
financial benefit to the Group from the cost reductions should be substantial.

A copy of the presentation will available on the Group's web-site at
parity.co.uk from 09.30 this morning.

Ends

For further information, please contact:


Michael Harrington                             Tel: [phone]

Parity Group plc
Harriet Keen/Emma Rutherford                   Tel: [phone]

Financial Dynamics