Director Shareholding

Paragon Group Of Companies PLC
30 June 2003


33,000 ordinary 10p shares were purchased today by three non-executive directors
of the Company, at a price of 282.0p per share. The directors concerned and the
number of shares purchased are as follows:

Gavin Lickley                                        20,000

David Hoare                                           3,000

Chris Newell                                         10,000

The directors' beneficial holdings after this notification are:

                             No. of shares                    % of share capital

Gavin Lickley                   30,000                              0.025

David Hoare                     37,650                              0.03

Chris Newell                    20,000                              0.016




For enquiries contact:

John Gemmell                                         0121 712 2075


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