FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	PARAGON MORTGAGES (NO.14) PLC
	GBP 125,000,000.00
	MATURING: 15-Sep-2039
	ISIN: XS0291722931
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Dec-2012 TO 15-Mar-2013 HAS BEEN FIXED AT 0.718750 PCT
DAY BASIS: ACTUAL/365(FIX)
INTEREST PAYABLE VALUE 15-Mar-2013 WILL AMOUNT TO:
GBP 59.99 PER GBP 34,621.05 DENOMINATION