FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

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-Nov-2012 TO 15-Feb-2013 HAS BEEN FIXED AT 0.530000 PCT
DAY BASIS: ACTUAL/360
INTEREST PAYABLE VALUE 15-Feb-2013 WILL AMOUNT TO:
USD 80.95 PER USD 59,765.04 DENOMINATION