Holding(s) in Company

Paragon Group Of Companies PLC
11 April 2002


Letter to Company Announcements Office

We have today received notification from Threadneedle Asset Management Limited
to advise that Zurich Financial Services and its Group no longer have a
notifiable interest in the capital of The Paragon Group of Companies PLC. This
arises from Zurich Scudder Investments Inc. ceasing to be a member of the Zurich
Financial Services Group. 

Letter from Paragon Group of Companies Plc



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