Directors Dealing

Paragon Entertainment Limited

Directors Dealings

Paragon Entertainment Limited (AIM:PEL), the attractions design, production, fit-out and operations business, was today informed that Mark Pyrah, a director of the Company, purchased 100,000 ordinary shares of 2.38p each for a total consideration of £2,375.

Following the transaction, Mark Pyrah owns 21,223,556 ordinary shares of 2.38p each, representing 11.3% 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, operations of in house attractions;

§ Paragon Communications, who provides graphic design and marketing services; and

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

The Group's projects have included:

§ The design and build of the Olympic Museum in Lausanne, Switzerland;

§ The design and build of the Titanic exhibition, Belfast's new £97 million visitor attraction;

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

§ Acting as the lead thematic and interactive contractor for the Florya Aquarium in Istanbul.

The Group listed on AIM in 2011.

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