Holding(s) in Company

Paragon Group Of Companies PLC
15 July 2004



HOLDING IN COMPANY

We have today received notification from HBOS plc to advise that they and their
subsidiaries no longer hold a material interest in the share capital of The
Paragon Group of Companies PLC.

Enquiries:

John Gemmell, Company Secretary 
0121 712 2075




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