Holding in Company

Parity Group PLC
30 November 2001

Letter to Parity Group PLC

Companies Act 1985 (as amended):
Disclosure of Interests in Shares

As a result of recent purchases and sales we wish to confirm 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 purposes of S210 of the Act, the address for those companies identified in 
the schedule below is Laurence Pountney Hill London EC4R 0HH.

From M & G Investment Management Limited



              Notifiable Position Report for PARITY GROUP ORD GBP0.05
                                  as at 28 November 2001

Percentage holdings are calculated using an issued share capital of 153,538,479 
ORD GBP0.05 shares

                  Registered Holder                  Holding     %

Prudential plc                                     6,327,338   4.12  Total
                                                                     Notifiable 
                                                                     Interest
                  PRUCLT HSBC GIS NOM(UK) PAC AC   5,310,000
                  PRUCLT HSBC GIS NOM(UK) PPL AC      55,000
                  ROY NOMINEES 578079                962,338

The Prudential
Assurance
Company
Limited                                            5,365,000  3.49
                  PRUCLT HSBC GIS NOM(UK) PAC AC   5,310,000
                  PRUCLT HSBC GIS NOM(UK) PPL AC      55,000