Holding(s) in Company

Paragon Group Of Companies PLC
19 December 2003


     
                             HOLDING  IN COMPANY

We have today received notification from Schroder Investment Management Limited
to advise that they, and their affiliated companies, now hold 19,052,938 
ordinary shares of 10p each in The Paragon Group of Companies PLC.  The holding
represents 15.976% of our issued capital.

Enquiries:

John Gemmell, Company Secretary
0121 712 2075



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