Holding(s) in Company

Paragon Group Of Companies PLC 21 November 2007 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: No ................. Other (please specify) : ................. 3. Full name of person(s) subject to the notification obligation (iii): Lloyds TSB Group Plc ................. 4. Full name of shareholder(s) (if different from 3.) (iv): Boltro Nominees Limited Lloyds Bank (PEP) Nominees Limited State Street Nominees Limited ................. 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 20 November 2007 ................. 6. Date on which issuer notified: 21 November 2007 ................. 7. Threshold(s) that is/are crossed or reached: Fallen to 3% ................. 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) Ordinary Shares of 10p 7,556,141 7,556,141 GB0006140361 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 Indirect Direct Indirect (x) (xi) Ordinary Shares of 10p 3,734,238 3,734,238 3.253 GB0006140361 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 3,734,238 3.253 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): 2,390 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 1,436 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. 3,730,412 Shares are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc. ................. 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 ................. This information is provided by RNS The company news service from the London Stock Exchange
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