PARAGON CARE LIMITED — Director's Dealing 2009

Jun 25, 2009

Rule 3.19A.2

Appendix 3Y Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity PARAGON CARE LIMITED

ABN 76 064 551 426

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MARK ANTHONY SIMARI
Date of last notice	19 June 2009

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	22 & 23 June 2009
No. of securities held prior to change- Direct	1,835,149 ordinary shares156,250 listed options exercisable at 2cents on or before 31 May 2012
- Indirect(Held in Garmak Enterprises Pty Ltdand Charkaroo Pty Ltd)	5,741,566 ordinary shares5,387,944 listed options exercisable at 2cents on or before 31 May 2012
Class	Ordinary shares (PGC)
Number acquired	Direct – 488,000
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$11,251 total consideration.

+ See chapter 19 for defined terms.

No. of securities held after change
- Direct	2,323,149 ordinary shares156,250 listed options exercisable at 2cents on or before 31 May 2012
- Indirect (Held by Garmak Enterprises PtyLtd andCharkaroo Pty Ltd	5,741,566 ordinary shares5,387,944 listed options exercisable at 2cents on or before 31 May 2012
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	On-market trade.

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

+ See chapter 19 for defined terms.