Director/PDMR Shareholding

Paragon Entertainment Limited

Directors Dealings

Paragon Entertainment Limited (AIM:PEL), the AIM-listed design and build, proprietary attractions and licensing and distribution company, was today informed that Mark Pyrah, a director of the Company, has transferred 2,000,000 shares to his personal pension fund. There has been no change to the underlying beneficial ownership or to Mark Pyrah's ultimate holding in the Company which remains at 22,463,500 ordinary shares of 0.1p each, representing 11.97% 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 production and consulting through to the fit out and installation of themed attractions, heritage exhibits, museums, aquariums and water parks, inter alia.

Paragon Entertainment is the holding company for Paragon Creative Limited.

The Group's projects have included:

· The design and build of Kidzania, London;

· 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/