Director Shareholding

Paragon Group Of Companies PLC
9 July 2002


On 8 July 2002 the Paragon Employee Share Ownership Trust ('ESOT') purchased
450,000 ordinary shares of 10p each in The Paragon Group of Companies PLC
(the'Company') at 220p per share.

These shares were purchased to meet options as they mature and are exercised
under the Paragon Executive Share Option Scheme which includes the potential
exercise by certain executive directors and other employees of the Company.

Following this purchase the total held by the ESOT is 4,442,824 shares.


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