Holding(s) in Company

Paragon Group Of Companies PLC
07 November 2007


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

The Paragon Group of Companies PLC

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

An acquisition or disposal of voting rights:                        Yes

An acquisition or disposal of financial instruments which may
result in the acquisition of shares already issued to
which voting rights are attached:                                   No

An event changing the breakdown of voting rights:                   No

Other (please specify) : 


3. Full name of person(s) subject to the notification obligation:

Aberforth Partners LLP

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

1. Aberforth Smaller Companies Trust plc                     2,583,100 shares
2. Aberforth UK Small Companies Fund                         2,275,100 shares
3. The Church Commissioners for England                        441,000 shares
4. Aberforth Geared Capital & Income Trust plc                 479,800 shares

1,2,4 = registered in the name of Nortrust Nominees Ltd A/c Aberforth, 
3 = The Church Commissioners for England (Chase GIS) Nominees Ltd

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

06/11/2007

6. Date on which issuer notified:

07/11/2007

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
                                          Number of       Number of voting
                                          shares          Rights

Ordinary                                  below 5%         below 5%
GB0006140361                                 

Resulting situation after the triggering transaction

Class/type of shares if       Number of     Number of voting     % of voting
possible using the ISIN CODE  shares        rights               rights

                              Direct        Direct Indirect    Direct   Indirect

Ordinary                      5,779,000            5,779,000            5.03%
GB0006140361 


B: Financial Instruments

Resulting situation after the triggering transaction

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





Total (A+B)
Number of voting rights                      % of voting rights

5,779,000                                    5.03%


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


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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