Director Shareholding

Paragon Group Of Companies PLC
13 March 2003

On 12 March 2003 the Paragon Employee Share Ownership Trust ('ESOT') purchased
100,000 ordinary shares of 10p each in The Paragon Group of Companies PLC (the
'Company') at 186p per share.

These shares were purchased to meet options as they mature and are exercised
under the Paragon Executive Share Option Scheme and Performance Share Plan which
includes the potential exercise by certain executive directors and other
employees of the Company.

Following this purchase the total held by the ESOT is 5,964,755.


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