Hans Jakob Zimmermann

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EquityStory 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: Zimmermann First name: Hans Jakob Company: paragon AG Position: Member of an administrative or supervisory body Information about the transaction with duty of notification Description of the financial instrument: Share ISIN/WKN of the financial instrument: DE0005558696 Type of transaction: Buy Date: 09.05.2012 Price: 10.02 Currency: EUR No. of items: 3000.00 Total amount traded: 30060.00 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 14.05.2012 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ID 15191 back