Holding(s) in Company

Paragon Group Of Companies PLC
6 May 2004



                             HOLDING IN COMPANY

We have today received notification from M&G Investment Management Limited to
advise that Prudential plc, and certain of its subsidiary companies, now hold
4,800,000 ordinary shares of 10p each in The Paragon Group of Companies PLC. 
The holding represents 4.0% of our issued share capital.

Enquiries:

John Gemmell, Company Secretary
0121 712 2075


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