Parkwood Holdings plc (the "Company")                     

                          Annual Report and Accounts                           

A copy of the Annual Report and Accounts of the Company for the year ended 31
December 2002 has been submitted today to the UK Listing Authority, and will
shortly be available for inspection at their Document Viewing Facility, which
is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. No. (0)20 7676 1000

24 April 2003




END