Director Shareholding

Paragon Group Of Companies PLC
11 June 2004

On 11 June 2004 the Paragon Employee Share Ownership Trust ('ESOT') purchased
250,000 ordinary shares of 10p each in The Paragon Group of Companies PLC (the
'Company') at 356.68p per share.

These shares were purchased to meet options and awards as they mature and are
exercised under the Paragon Executive Share Option Scheme and Performance Share
Plan 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 6,143,230.


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