Dr. Stefan Schwehr

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 Deutschland ISIN: DE0005558696 WKN: 555869 End of Directors' Dealings Notification (c) DGAP 18.07.2014 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ID 19159 back