Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG
Directors' Dealings notification transmitted by DGAP - a company of EQS Group AG. The person with duty of notification is solely responsible for the content of this announcement.

Details of the person subject to the disclosure requirement Last name: Schwehr
First name: Stefan
Company: paragon AG

Position: Member of a managing body

Information about the transaction with duty of notification
Description of the financial instrument: paragon Bearer Shares ISIN/WKN of the financial instrument: DE0005558696 Type of transaction: buy
Date: 18.07.2014
Price: 13.75
Currency: EUR
No. of items: 408
Total amount traded: 5610
Place: Xetra

Information about the company with duty of publication
Issuer: paragon AG
Schwalbenweg 29
33129 Delbrück
ISIN: DE0005558696
WKN: 555869

End of Directors' Dealings Notification 
(c) DGAP 18.07.2014

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