RNS Number:8387Q
Paramount PLC
13 October 2003


                         Paramount PLC (the 'Company')

                             Director Shareholding


The Company was informed today that on 10 October 2003, Starlight Investments
Ltd., had acquired 400,000 Ordinary Shares of 5p each at a price of 20 pence per
share.

Guy Naggar, Chairman of the Company, is a director and major shareholder in
Starlight Investments Ltd. As a consequence of this transaction, Guy Naggar has
a total beneficial interest in 3,246,362 Ordinary Shares representing 4.00% of
the issued ordinary share capital.

13 October 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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