paragon AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

paragon AG 01.03.2012 12:44 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On February 29, 2012, LBBW Asset Management Investmentgesellschaft mbH, Stuttgart, Deutschland has informed us according to Article 21, Section 1 of the WpHG that via shares its Voting Rights on paragon AG, Delbrück, Deutschland, have fallen below the 3% threshold of the Voting Rights on February 28, 2012 and on that day amounted to 2.92% (this corresponds to 120000 Voting Rights). According to Article 22, Section 1, Sentence 1, No. 6 of the WpHG, 2.92% of the Voting Rights (this corresponds to 120000 Voting Rights) is to be attributed to the company from Baden-Württembergische Versorgungsanstalt für Ärzte, Zahnärzte und Tierärzte. 01.03.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: paragon AG Schwalbenweg 29 33129 Delbrück Germany Internet: www.paragon-online.de End of Announcement DGAP News-Service ---------------------------------------------------------------------------