Parkwood Holdings Plc

                                ("The Company")                                

21 December 2007

TRANSFER AND CANCELLATION OF TREASURY SHARES

Parkwood Holdings Plc announces that on 21 December 2007 the Company
transferred 75,000 Treasury Ordinary Shares of 1p each for a consideration of �
76,455.55 to Parkwood Group Trustees Limited and cancelled 310,000 Treasury
Ordinary Shares of 1p each.

The Capital of the Company consists of 19,290,420 Ordinary Shares with a normal
value of 1p each, with voting rights.

As a result of these transactions, the Company no longer holds any shares in
Treasury.

Therefore, the total number of voting rights in the Company is 19,290,420.

For further information, please contact Terry Bowman on 01772 627 111

Notes to editors:

About Parkwood Holdings plc:

Parkwood Holdings Plc specialise in providing outsourced and support services,
predominantly to the public sector across England and Wales under long term
contracts.

Its four main areas of operation are as follows:

Glendale - Provides amenity horticulture, grass cutting, arboriculture and care
of sports pitches, parks and open spaces. The division also includes golf
course management, recycling, environmental consultancy, tree moving and
horticulture.

Parkwood Leisure - Manages a diverse range of public and private leisure
facilities, including swimming pools, sports halls, gyms, health-suites and
catering operations.

Projects Management - Undertake PFI, PPP and similar bids on behalf of joint
ventures and the Group. Parkwood Projects Management is also responsible for
project management of contracts and the management of other funds such as
lifecycle funds associated with the project agreements.

Healthcare - A nursing agency and ambulance and patient transport business,
dealing both with the NHS and the private sector.



END


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