Holding(s) in Company

Paragon Group Of Companies PLC
30 March 2004

                                 HOLDING IN COMPANY

We have today received notification from HBOS plc to advise that the HBOS Group
now hold 4,751,281 ordinary shares of 10p each in The Paragon Group of Companies
PLC.  The holding represents 3.967% of our issued share capital.

Enquiries:

John Gemmell, Company Secretary
0121 712 2075


                      This information is provided by RNS
            The company news service from the London Stock Exchange