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Holding(s) in Company

25th Feb 2008 16:55

Paragon Group Of Companies PLC25 February 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting 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: .................An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached:................. An event changing the breakdown of voting rights:................. Other (please specify) : Yes................. 3. Full name of person(s) subject to the notification obligation (iii): OppenheimerFunds Inc (OFI)................. 4. Full name of shareholder(s) (if different from 3.) (iv):................. 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v):21 February 2008................. 6. Date on which issuer notified:22 February 2008................. 7. Threshold(s) that is/are crossed or reached:6% (fell below an integer above 3%)................. 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggeringthe ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii)GB0006140361 OFI 9,234,630 8.0438%Baring 53,826 0.0469% Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of votingpossible using the ISIN shares rights (ix) rightsCODE Direct Direct Indirect Direct Indirect (x) (xi)GB00NB2NGPM57 OFI 16,766,611 16,766,611 5.62%Baring 0 0 0% B: Financial InstrumentsResulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B)Number of voting rights % of voting rights 16,766,611 5.62% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): OppenheimerFunds, Inc. owns, as of 21/02/08, 16,766,611 shares equal to 5.62%shares outstanding (298,490,705).................. Proxy Voting: 10. Name of the proxy holder:................. 11. Number of voting rights proxy holder will cease to hold:................. 12. Date on which proxy holder will cease to hold voting rights:................. 13. Additional information:................. 14. Contact name: John G. Gemmell................. 15. Contact telephone number: 0121 712 2075................. This information is provided by RNS The company news service from the London Stock Exchange

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Paragon Group
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