FRN Variable Rate Fix
| Re: | Paragon Mortgages (No12) PLC |
| USD 311,000,000.00 | |
| MATURING: 15-Nov-2038 | |
| ISIN: US69913BAB27 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD | |
| 15-May-2012 TO 15-Aug-2012 HAS BEEN FIXED AT 0.686850 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 15-Aug-2012 WILL AMOUNT TO: | |
| USD 106.22 PER USD 60,513.89 DENOMINATION | |
Paragon Mortgages (No12) PLC
