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Date: Tuesday 26 Aug 2008

LONDON (ShareCast) - Xpertise shareholders have voted against the £4.8m purchase of Parity Training Limited announced last month, leaving the way clear for a takeover by privately-owned rival QA-IQ.

The AIM listed IT training group said the result of the general meeting meant it would not be completing the Parity Training deal or the associated £2.3m placing.

It is still mulling its response to Friday’s bid from QA-IQ, 65% owned by funds managed by Englefield Capital and 35% by its management, worth 150p a share, or £8.7m.

A condition of the QA-IQ offer was that the Parity deal was scrapped.

QA-IQ has already received the support of 46.4% of Xpertise shareholders for its offer, but Xpertise is advising shareholders to take no action.

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