Holding(s) in Company

Paragon Group Of Companies PLC
22 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 Ltd
Lloyds Bank (PEP) Nominees Ltd
State Street Nominees Ltd
.................

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
21 November 2007
.................

6. Date on which issuer notified:
22 November 2007
.................

7. Threshold(s) that is/are crossed or reached:
Fallen below 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)
0614036                                 3,734,238      3,734,238
GBP0.10

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)
0614036                      1,118,822           1,118,822            0.975
GBP0.10

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
1,118,822                                    0.975

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.

1,114,996 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
.................






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