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Parkwood Holdings plc

("Parkwood" or the "Group")

Pre Close Trading Statement

22 January 2010

Parkwood, the specialist support service group, announces that its Preliminary Results for the year ended 31 December 2009 will be released on or around 22 March 2010.

The Group's Leisure Division continues to trade strongly and will report an increase in profit compared to the previous year following an increase in revenue from new contracts.  Glendale, the Group's green services division, experienced difficult trading conditions throughout the year as previously advised to the market. 

On 21 December 2009 the Group announced that it had completed the sale of the Leisure related PFI investments, which generated a profit of £5.5 million.

On 17 August 2009 the Group announced that a subsidiary special purpose company, Realm Services (DAC) Limited, had been placed into Administration following a contractual dispute with the Ministry of Defence. The appointment of an Administrator invoked a 150 day suspension period which has recently been extended for a short period. A further announcement is expected within the next few weeks.

For further information, please contact:

Parkwood Holdings PLC

Tony Hewitt, Chairman                                     01772 627111    

Mike Quayle, Group Financial Director      01772 627111

Brewin Dolphin Investment Banking

Neil Baldwin                                                         0845 213 4726

Derrick Lee                                                             0845 213 2077

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