25 March 2014

Paragon Resources PLC ("Paragon" or the "Company") (AIM: PAR) Holding in Company

The Company was informed yesterday that following purchases also made yesterday, that Thomas Allan now holds an interest in 43,012,980 ordinary shares of 0.005p each ("Ordinary Shares"), equivalent to 9.06% of the issued Ordinary Share capital of the Company. This includes 25,661,335
Ordinary Shares held by Apex Utilities Limited.

ENDS For further information, please contact: Paragon Resources PLC

Simon Hunt
(Chairman)
+44 (0)7733 337 755 www.paragon-resources.com

Allenby Capital Limited

(Nominated Adviser and Broker)
Nick Harriss/Jeremy Porter/James Reeve
+44 (0)20 3328 5656 www.allenbycapital.com

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