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Friday 03 March, 2006

Spearhead Ltd Inc.

Parity Offer

Spearhead Limited Inc.
03 March 2006


                     SPEARHEAD LIMITED, INC ('SPEARHEAD')/

                          PARITY GROUP PLC ('PARITY')


Spearhead announces today that it will not be proceeding with an Offer for all
of the outstanding share capital of Parity at this time.




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