RNS Number:0057Y
Parkwood Holdings PLC
29 January 2001

                            Parkwood Holdings plc


                        ("Parkwood" or the "Company")




Purchase of own Securities

Further to the company's earlier announcement concerning the result of the EGM
held today, the Company has today purchased 1.8m of its own ordinary shares,
at 20 pence per share, representing 8.4 per cent of Parkwood's issued share
capital.


29 January 2001
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