RNS Number:0758R
Paramount PLC
20 October 2003




                         Paramount PLC (the 'Company')

                             Director Shareholding


The Company was informed today that on 17 October 2003, Starlight Investments
Ltd., had acquired 4,900,000 Ordinary Shares of 5p each at a price of 20 pence
per share.

Guy Naggar, Chairman of the Company, is a director and major shareholder in
Starlight Investments Ltd. As a consequence of this transaction, Guy Naggar has
a total beneficial interest in 8,146,362 Ordinary Shares representing 10.04% of
the issued ordinary share capital.


20 October 2003




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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