Allotment of Shares to Employee Trust

ALLOTMENT OF SHARES TO EMPLOYEE TRUST

On 4 March 2014, The Paragon Group of Companies PLC Employee Trust was allotted 510,000 Ordinary shares of £1 each in The Paragon Group of Companies PLC at par value. The shares were acquired to meet awards as they mature and are exercised under The Paragon Group of Companies PLC Performance Share and Matching Share Plans, in which the Group's executive directors and certain of the Group's senior employees have participated from time to time.

Following the purchase of the shares the total shares held by the Company's various employee trusts is 1,851,158.

Enquiries:

John Gemmell

Group Company Secretary

0121 712 2075