PKW Parkwood Hldgs.

    2nd March 2006

                             Parkwood Holdings plc                             

("Parkwood" or "The Group")

                                TRADING UPDATE                                 

Trading Update

Parkwood Holdings plc is pleased to provide an update on trading performance
for the year ended 31st December 2005. Profits before tax for the year are
expected to be above expectations on turnover slightly ahead of forecast at
around �79 million.

The Group's core local authority based business in Leisure has performed well
in the year, and income has been generated from the sale of certain of the
Group's investments in Leisure PFI projects.

Glendale, the Group's green services business has expanded sales considerably
in the year and has invested in bidding for new contracts and additional
management in preparation for an enlarged business in 2006 when sales are
expected to exceed �50 million.

The Group has continued successfully focussing on its working capital
management during the year, resulting in the maintenance of a low net interest
cost and enabling investments to be made in PFI ventures and acquisitions.

Parkwood is well placed to achieve a turnover approaching �100 million in 2006.

An update on progress will be provided with the Group's preliminary results for
the year to 31st December 2005, which are expected to be released on Monday
13th March 2006 and will be prepared under IAS. Full reconciliations of the
impact of IAS were announced as part of the Group's interim reporting and can
be found on the Group's website on www. parkwood-holdings.co.uk.

For further information please contact:

Parkwood Holdings plc

Tony Hewitt, Executive Chairman 01772 627111

Charles Bithell, Finance Director 01772 627111

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.



END

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