Transaction in Own Shares

Paragon Group Of Companies PLC
08 September 2006


                         PURCHASE OF OWN SHARES

The Paragon Group of Companies PLC announces that it has purchased the following
number of its ordinary shares of 10p each on the London Stock Exchange via ABN
AMRO Bank N.V.

Ordinary shares:

Date of purchase:                                08 September 2006

Number of ordinary shares purchased:             30,000

Highest price paid per share:                    644p

Lowest price paid per share:                     640p

Volume weighted average price paid per share     643.08p

The Paragon Group of Companies PLC intends to hold the purchased shares in 
treasury.

Following the purchase of these shares, The Paragon Group of Companies PLC holds
4,954,000 of its ordinary shares in treasury and has 116,481,088 ordinary shares
in issue (excluding treasury shares).

Enquiries:

John Gemmell, Company Secretary 
0121 712 2075

    


                      This information is provided by RNS
            The company news service from the London Stock Exchange