Director Dealing

Paragon Entertainment Limited

("Paragon" or the "Company")

Director dealing

Paragon Entertainment Limited (AIM:PEL), the AIM-listed design and build, proprietary attractions and licensing and distribution company, has been informed that on 16 October 2015, Peter Holdsworth, a Director of the Company, transferred 915,662 ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 2.075 pence per Ordinary Share into his personal pension (the "Transfer".)

Following the Transfer, Mr Holdsworth's shareholding in the Company remains 15,940,992 Ordinary Shares, representing approximately 8.5% of the Company's issued share capital.

Notes to Editors:

Paragon Entertainment Limited (AIM:PEL) is an award winning provider of attraction services from initial design and production through to the direct operation and development of themed attractions.

It is the holding company for:

· Paragon Creative Limited, a visitor attraction design, production and fit-out business;

· Paragon Entertainment (Attractions) Limited, a visitor attraction and licensing company; and

· The Visitor Attraction Company (TVAC), an attraction consultancy, feasibility and operations company.

The Group's projects have included:

· The design and build of galleries at the Olympic Museum for the IOC in Lausanne, Switzerland;

· The design and build of the galleries at The National Museum of Kazakhstan;

· The design and build of Titanic Belfast;

· The thematic build of the Wallace and Gromit ride at Blackpool Pleasure Beach;

· Licensing and distribution installations at Gullivers, Milton Keynes and Art Mall, Ukraine.

The Group listed on AIM in 2011.

Further information can be found at: http://www.paragonent.com/