Holding(s) in Company

Paragon Group Of Companies PLC
26 February 2008



                TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
The Paragon Group of Companies PLC
.................

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights:
.................

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:
.................

An event changing the breakdown of voting rights:
.................

Other (please specify) :
Placing
.................

3. Full name of person(s) subject to the notification obligation (iii):
AXA SA, 25 Avenue Matignon, 75008 Paris and its group of companies
.................

4. Full name of shareholder(s) (if different from 3.) (iv):
.................

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
20 February 2008
.................

6. Date on which issuer notified:
25 February 2008
.................

7. Threshold(s) that is/are crossed or reached:
5%
.................

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using  Situation previous to the Triggering
the ISIN CODE                           transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)
GB00B2NGPM57                            659,659        659,659

Resulting situation after the triggering transaction (vii)

Class/type of shares if      Number of Number of voting      % of voting
possible using the ISIN      shares    rights (ix)           rights
CODE
                             Direct    Direct    Indirect    Direct   Indirect
                                       (x)       (xi)
GB00NB2ngpm57                670,920   670,920   8,675,385   0.22     2.91

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of      Expiration Exercise/      Number of voting rights that may % of
financial    Date       Conversion     be acquired if the instrument is voting
instrument   (xiii)     Period/ Date   exercised/ converted.            rights
                        (xiv)


Total (A+B)
Number of voting rights                % of voting rights
9,346,305                              3.13%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Name of the Company/Fund                 Number of Shares         % of issued
                                                                  share capital

Framlington Onshore Private Clients      325                      0.00011
Indirect

AXA UK Investment Co ICVC                492,258                  0.16492
UK Smaller Companies Fund
Indirect

Sun Life Pensions Management Ltd         870                      0.00029
Direct

Sun Life Pensions Management Ltd         1,000                    0.00034
Direct

Sun Life Unit Assurance Ltd              52,852                   0.01771
FTSE All Share Tracker
Direct

Sun Life Pensions Management             268,899                  0.09009
FTSE All Share Tracker
Direct

AXA Framlington                          460,000                  0.15411
Xerox Final Salary Pension Scheme
Indirect

AXA Framlington                          316,852                  0.10615
Islington Group Pension Scheme
Indirect

AXA Framlington                          775,000                  0.25964
SEI UK Equity
Indirect

AXA Framlington                          3,925,000                1.31495
Throgmorton Trust
Indirect

AXA Framlington                          800,000                  0.26802
UK Growth
Indirect


AXA Framlington                          1,440,000                0.48243
UK Smaller Companies
Indirect

AXA Framlington                          327,800                  0.10982
BAE Systems Pensions Fund CIF
Trustees
Indirect

AXA Framlington                          138,150                  0.04628
BAE Systems 2000 Pensions Fund
Indirect

AXA Sun Life With Profits Passive        214,127                  0.07174
Direct

AXA Sun Life With Profits Passive        133,172                  0.04462
Direct

                Total Direct             670,920                  0.22477
                Total Indirect           8,675,385                2.90642
                TOTAL                    9,346,305                3.13119
.................

Proxy Voting:

10. Name of the proxy holder:
.................

11. Number of voting rights proxy holder will cease to hold:
.................

12. Date on which proxy holder will cease to hold voting rights:
.................

13. Additional information:
.................

14. Contact name:
John G. Gemmell
.................

15. Contact telephone number:
0121 712 2075
.................



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