
FRN Variable Rate Fix
| Re: | Paragon Mortgages no 13 |
| USD 1,485,000,000.00 | |
| MATURING: 15-Jan-2039 | |
| ISIN: US69913DAA00 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD | |
| 15-May-2012 TO 15-Jun-2012 HAS BEEN FIXED AT 0.358750 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 15-Jun-2012 WILL AMOUNT TO: | |
| USD 19.23 PER USD 62,237.28 DENOMINATION | |
Paragon Mortgages (No 13) Plc