Paragon Mortgages (No12) PLC



RE: PARAGON MORTGAGES (NO 12) PLC
    GBP 145,000,000.00
    MATURING: 15/Nov/2038
    ISSUE DATE: 20/Jul/2006
    ISIN: XS0261646136

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15/May/2007 TO 15/Aug/2007 HAS BEEN FIXED AT 5.874000 PCT

DAY BASIS 92/365

INTEREST PAYABLE VALUE 15/Aug/2007 WILL AMOUNT TO:
GBP 696.53 PER GBP 47,044.49 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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