Parkwood Holdings plc                             

                                ("The Company")

                 TRANSFER AND CANCELLATION OF TREASURY SHARES                  

Parkwood Holdings plc announces that on 30 June 2008 the Company transferred
75,000 Treasury Ordinary Shares of 1p each for a consideration of �75,750 to
Parkwood Group Trustees Limited and cancelled 375,000 Treasury Ordinary Shares
of 1p each.

The Capital of the Company consists of 18,915,420 Ordinary Shares with a normal
value of 1p each, with voting rights.

As a result of these transactions, the Company holds 100,000 shares in
Treasury.

Therefore, the total number of voting rights in the Company is 18,815,420.

For further information, please contact Terry Bowman on 01772 627111.

Notes to editors:

About Parkwood Holdings plc:

Parkwood Holdings plc specialises 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, waste 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.

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

Healthcare         A nursing agency and an ambulance and patient transport business,
                   Parkwood Healthcare is expanding its operations from London and the South East
                   into other parts of England and Wales, dealing both with the NHS and the
                   private sector.



END


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