Holding in Company

Paragon Group Of Companies PLC
17 November 2000


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We have today received notification from Scottish Equitable Asset Management
Limited, to advise they now hold 4,650,643 ordinary shares of 10p each in
The Paragon Group of Companies PLC.  The holding represents 3.997% of our
issued capital.

LETTER FROM: THE PARAGON GROUP OF COMPANIES PLC