Holding(s) in Company

Paragon Group Of Companies PLC
28 February 2008


               TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

The Paragon Group of Companies PLC

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights:

Yes

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:

No

An event changing the breakdown of voting rights:

Yes

Other (please specify) :

3. Full name of person(s) subject to the notification obligation (iii):
Rathbone Brothers PLC

4. Full name of shareholder(s) (if different from 3.) (iv):

Rathbone Unit Trust Management Ltd
Rathbone Investment Management Ltd

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

22 February 2008

6. Date on which issuer notified:

26 February 2008

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using  Situation previous to the Triggering
the ISIN CODE                           transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)
100p Ordinary                           14,687,502     14,687,502
GB00B2NGPM57

Resulting situation after the triggering transaction (vii)

Class/type of shares if       Number of Number of voting     % of voting
possible using the ISIN       shares    rights (ix)          rights
CODE
                              Direct    Direct  Indirect     Direct   Indirect
                                        (x)     (xi)
100p Ordinary                 N/A       N/A     15,385,002   N/A      5.15%
GB00B2NGPM57

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of      Expiration Exercise/      Number of voting rights that may % of
financial    Date       Conversion     be acquired if the instrument is voting
instrument   (xiii)     Period/ Date   exercised/ converted.            rights
                        (xiv)


Total (A+B)
Number of voting rights                      % of voting rights
15,385,002                                   5.15%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Rathbone Brothers PLC*

Rathbone Investment Management Ltd 0.26%
Rathbone Unit Trust Management Ltd 4.89%

*Rathbone Brothers PLC is the holding company of the following.

Proxy Voting:

10. Name of the proxy holder:

.................

11. Number of voting rights proxy holder will cease to hold:

.................

12. Date on which proxy holder will cease to hold voting rights:

.................

13. Additional information:
.................

14. Contact name:

John G Gemmell

15. Contact telephone number:

0121 712 2075






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