Holding(s) in Company

Paragon Group Of Companies PLC
22 January 2004


                              HOLDING IN COMPANY

We have today received notification from Aviva plc to advise that they and
Morley Fund Management Limited now hold 4,796,015 ordinary shares of 10p each
in The Paragon Group of Companies PLC. The holding represents 4.021% of our
issued capital.

Enquiries:

John Gemmell, Company Secretary 
0121 712 2075
 

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