Completion of share buy-back programme extension

The Paragon Group of Companies PLC

(the "Company" or "Paragon")

Completion of share buy-back programme extension

The Company announces that it has today completed the £50.0 million extension to its share buy-back programme which was notified to the market on 24 November 2015.

In the period from 1 December 2015, when the extension to its share buy-back programme commenced, to today's date, Paragon has bought back 16,663,408 shares for a total cost of £50.7 million (excluding expenses) which includes finalising the 2014/15 programme.

This brings the total cost of shares acquired under the buy-back programme (excluding expenses) since its announcement in 2014 to £100.0 million. The cost of the programme to date including expenses is £100.7 million.

Enquiries:

Pandora Sharp, Company Secretary

0121 712 2075