Announcement re Interims

ANNOUNCEMENT RE INTERIMS

The Board of The Paragon Group of Companies PLC expects to announce the Group's interim results for the six months ended 31 March 2010 on 18 May 2010.

The Group reported a first quarter profit before tax of £13.1 million and, with continued improvement in margins and impairments in the second quarter, the Board expects the interim profit before tax to be approximately £29 million, which is above the current range of market estimates of £23.4 million to £26.8 million.

For further information, please contact:

Deborah Bateman, External Relations

The Paragon Group of Companies PLC

Tel: 0121 712 2025

Andy Berry

Fishburn Hedges

Tel: 020 7544 3044