Paragon Care : Dividend Reinvestment Plan Issue Price (11/09/2017)

ASX ANNOUNCEMENT

paragoncare.com.au

11 September 2017

Australian Securities Exchange Company Announcements Office

DIVIDEND REINVESTMENT PLAN ISSUE PRICE

Paragon Care Limited (ASX: PGC)("the Company") is pleased to advise an Issue Price of $0.8870 per share for new shares to be issued pursuant to the Company's Dividend Reinvestment Plan (DRP) in respect of the final dividend announced on 7th August 2017. The Issue Price has been determined in accord with the Company's DRP rules and after applying a 2.5% discount agreed by the Directors. Details of the Company's DRP are on its website at http://www.paragoncare.com.au/dividend-reinvestment-plan/ .

The Record Date for the dividend of 1.90¢ per share is 8th September 2017 and final election date for participation in the final dividend DRP is 11th September 2017.

On 6th October 2017 the Company will pay the cash dividend to eligible shareholders and issue new shares to shareholders who participated in the DRP.

PARTICIPATION IN THE DPR

Eligible Shareholders can elect to participate in the DRP for future dividends by completing the Election Notice periodically sent to eligible shareholders and returning it to the Share Registry - Link Market Services Limited (Link). Alternatively, if a shareholder is registered online with Link they may elect to participate in the DRP online through the Link website https://investorcentre.linkmarketservices.com.au/Login/Login

If you have any questions or wish to receive a DRP Election Notice please contact Link at the number listed below:

Link Market Services Limited Locked Bag A14, Sydney South NSW 1235 Toll free: 1300 554 474

Email: [e-mail]

John Osborne

Company Secretary

For further information please contact:
Mark Simari	Len Kocovic
Managing Director	Chief Financial Officer
T: 1300 369 559	T: 1300 369 559
E: [e-mail]	E: [e-mail]

About Paragon Care Limited

Paragon Care is a Melbourne based, listed company with the ASX (PGC), which has progressively acquired businesses in the healthcare sector. It is a leading provider of medical equipment, devices and consumables for the Australian and New Zealand healthcare market. These are high growth markets driven by the ageing of the population, continuously rising consumer expectations and increasing government spending. By combining a series of strategic acquisitions of class leading companies, Paragon Care has positioned itself to provide end to end solutions including equipment and consumable solutions for acute, aged, primary, community and hospital care. Paragon Care Ltd's head office is located at 11 Dalmore Drive Scoresby VIC 3179 Australia. For further information please contact Mark Simari, Managing Director (1300 369 559) or via email at [e-mail].