RNS Number:2171T
Paragon Group Of Companies PLC
12 December 2003


On 11 December 2003 the Paragon Employee Share Ownership Trust ("ESOT")
purchased 40,000 ordinary shares of 10p each in The Paragon Group of Companies
PLC (the "Company") at 319.0p per share.

These shares were purchased to meet options and awards as they mature and are
exercised under the Paragon Executive Share Option Scheme and Performance Share
Plan which includes the potential exercise by certain executive directors and
other employees of the Company.

Following this purchase the total held by the ESOT is 5,915,156.


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