Director Shareholding

Paragon Group Of Companies PLC
27 May 2005


                               SHARE PURCHASE


The Paragon Employee Share Ownership Trust ('ESOT') purchased 145,290 ordinary 
shares of 10p each in The Paragon Group of Companies PLC (the 'Company') on the 
dates and at the prices given below.

Date               Shares Purchased           Price

26 May 2005        99,948                     409.5059p

27 May 2005        45,342                     404.9984p

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

Following this purchase the total held by the ESOT is 6,149,842

Enquiries:

John Gemmell, Company Secretary
0121 7122075


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