| Re: | PARAGON MORTGAGES (NO.14) PLC 144A |
| USD 365,000,000.00 | |
| MATURING: 15-Sep-2039 | |
| ISIN: US69913FAB31 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 15-Jun-2018 TO 17-Sep-2018 | |
| HAS BEEN FIXED AT 2.54 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 17-Sep-2018 WILL AMOUNT TO: | |
| USD 317.55 PER USD 47,867.97 DENOMINATION | |
Category Code: RC
Sequence Number: 649317
Time of Receipt (offset from UTC): 20180613T171658+0100