Holding(s) in Company

Paragon Group Of Companies PLC
19 November 2007



               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:
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 (iii):
Ameriprise Financial, Inc. and its group
.................

4. Full name of shareholder(s) (if different from 3.) (iv):
See additional information under 13.
.................

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
15 November 2007
.................

6. Date on which issuer notified:
16 November 2007
.................

7. Threshold(s) that is/are crossed or reached:
Below 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)
GB0006140361                            6,039,486      6,039,486

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)
GB0006140361                 252,000   252,000   5,277,700   0.220%   4.597%

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
5,529,700                              4.817%

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

Ameriprise Financial, Inc., which controls the voting rights of

Threadneedle Asset Management Holdings Ltd, which controls the voting rights of

Threadneedle Asset Management Ltd, Threadneedle International Ltd and
Threadneedle Pensions Ltd.
.................

Proxy Voting:

10. Name of the proxy holder:
N/A
.................

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

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

13. Additional information:
Registered Owner

Littledown Nominees Ltd     A/c 05577     204,000
Littledown Nominees Ltd     A/c 05576     3,090,000
Littledown Nominees Ltd     A/c 07197     252,000
Littledown Nominees Ltd     A/c 10479     4,700
Littledown Nominees Ltd     A/c 07203     165,000
Littledown Nominees Ltd     A/c 21667     63,000
Littledown Nominees Ltd     A/c 34789     223,000
Littledown Nominees Ltd     A/c 10488     900,000
Littledown Nominees Ltd     A/c 10490     628,000
.................

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

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




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