Holding(s) in Company

Paragon Group Of Companies PLC
19 December 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):
Deutsche Bank AG

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

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
17/12/2007

6. Date on which issuer notified:
18/12/2007

7. Threshold(s) that is/are crossed or reached:
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)
GB0006140361                            Below 3%       Below 3%

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 (x)  Indirect Direct   Indirect
                                                    (xi)
GB0006140361                3,862,888   3,862,888            3.36

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
3,862,888                                    3.36

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

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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