RNS Number:6090U
Parallel Media Group PLC
23 January 2004

Parallel Media Group plc



Parallel Media Group plc (the "Company") has today received notification that
Seymour Pierce Limited disposed of 100,000 shares in the Company on 22nd January
2004 and 150,000 shares on 23rd January 2004. Seymour Pierce Limited is now
interested in 1,174,192 shares, representing 5.29% of the issued share capital
of the Company.




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