FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	PARAGON MORTGAGES CLASS Z
	GBP 32,100,000.00
	MATURING: 15-Apr-2039
	ISIN: XS0693780487
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Jan-2013 TO 15-Apr-2013 HAS BEEN FIXED AT 3.761250 PCT
DAY BASIS: ACTUAL/365(FIX)
INTEREST PAYABLE VALUE 15-Apr-2013 WILL AMOUNT TO:
GBP 927.43 PER GBP 100,000.00 DENOMINATION