Holding(s) in Company

Paragon Group Of Companies PLC
2 March 2005


                           HOLDING IN COMPANY
                           ------------------

We have today received notification from Schroder Investment Management Limited
to advise that they, and their affiliated companies, now hold 14,194,501
ordinary shares of 10p each in The Paragon Group of Companies PLC. The holding
represents 11.799% of our issued capital.

Enquiries:

John Gemmell, Company Secretary 
0121 712 2075


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