TIDM40XX 
 
 
Re:  Paragon Mortgages (No12) PLC 
     GBP 145,000,000.00 
     MATURING: 15-Nov-2038 
     ISIN: XS0261646136 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
15-May-2012 TO 15-Aug-2012 HAS BEEN FIXED AT 1.247500 PCT 
DAY BASIS: ACTUAL/365(FIX) 
INTEREST PAYABLE VALUE 15-Aug-2012 WILL AMOUNT TO: 
GBP 95.14 PER GBP 30,256.99 DENOMINATION
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