RNS Number:6168Y
Parkwood Holdings PLC
20 February 2006



Parkwood Holdings PLC (the "Company")
20 February 2006


Change of Adviser

The Company is pleased to announce the appointment of Brewin Dolphin Securities
Limited as its Sponsor and Broker with immediate effect.

The Company confirms that it expects to announce its preliminary results on
Monday 13 March 2006.


Contact:

Parkwood Holdings           Charles Bithell                    01772 627111
Brewin Dolphin              Mark Brady/Neil Baldwin            0113 241 0130


Notes for Editors;


Parkwood Holdings plc specialises in providing outsourced and support services
mainly to the public sector across England and Wales under long term contracts.
Its four main areas of operation are as follows:


Glendale.           The majority of the business comes from long term contracts 
                    with local authority clients, involving amenity 
                    horticulture, grass cutting, arboriculture, care of sports 
                    pitches, golf courses, parks and open spaces.  The division 
                    also includes golf course management, green waste recycling, 
                    environmental consultancy and horticulture.
                    
Parkwood Leisure.   The majority of the business comes from long term contracts 
                    with local authorities, managing a diverse range of leisure 
                    facilities, including swimming pools, sports halls, gyms, 
                    squash courts and catering operations.

Healthcare.         Consisting of a nursing agency and an ambulance and patient 
                    transport business, Parkwood Healthcare operates in London 
                    and the South East, dealing both with the NHS and the 
                    private sector.

PFI Projects.       This division undertakes PFI, PPP and similar bids on behalf 
                    of joint ventures and the Group. Parkwood PFI is also 
                    responsible for project management of contracts and the 
                    management of other funds such as the lifecycle funds 
                    associated with the project agreement.







ENDS




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