Holding(s) in Company

Paragon Group Of Companies PLC
22 December 2006

                              HOLDING IN COMPANY

We have today received notification from Citigroup on behalf of Standard Life
Investments to inform us that Standard Life Investments now hold 3,144,623
ordinary shares of 10p each in The Paragon Group of Companies PLC, The holding
represents 2.706% of our issued capital and is therefore no longer a notifiable
interest. 

Enquiries: John Gemmell, Company Secretary 0121 712 2075



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