Investor Reporting

Paragon Mortgages (No.10) PLC - November 2005

Issuer Paragon Mortgages (No.10) PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Closing Date 17 November 2005
Originators Paragon Mortgages Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Mortgage Trust Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Notes Issued Class A1 Class A2a Class A2b Class B1a Class B1b Class C1a Class C1b
Original Rating (S&P/Moody’s/Fitch) A-1+/P-1/F1+ AAA/Aaa/AAA AAA/Aaa/AAA AA/Aa2/AA AA/Aa2/AA A/A2/A A/A2/A
Current Rating (S&P/Moody’s/Fitch) AA/Aaa/AAA AA/Aaa/AAA AA/Aaa/AAA AA-/Aa2/AAA AA-/Aa2/AAA A/A2/A A/A2/A
Original Notes $1,100,000,000 £105,000,000 €222,000,000 £31,000,000 €19,500,000 £51,500,000 €27,500,000
GBP Equivalent £631,095,812 £105,000,000 £150,000,000 £31,000,000 £13,175,676 £51,500,000 £18,581,081
Currency Exchange Rates £1 : $1.7430 N/A £1 : €1.48 N/A £1 : €1.48 N/A £1 : €1.48
Note Denominations $100,000 £50,000 €50,000 £50,000 €50,000 £50,000 €50,000
Initial Margins 0bp 16bp 16bp 27bp 27bp 55bp 55bp
Current Margin +9bp N/A N/A N/A N/A N/A N/A
Step Up Dates N/A December 2010 December 2010 December 2010 December 2010 December 2010 December 2010
Step Up Margins TBA 32bp 32bp 54bp 54bp 110bp 110bp
Optional Redemption Dates December 2009 December 2009 December 2009 December 2009 December 2009 December 2009 December 2009
Principal Determination Dates Last business day of February, May, August and November
Quarterly Interest Payment Dates 15 March, 15 June, 15 September, 15 December
A1 Monthly Interest Payment Date 15thof each month, commencing 15thDecember 2005
Class A1 Mandatory Transfer Date Each Interest Payment Date falling on 15 September annually and commencing on 15 September 2006
Joint Lead Managers Barclays Capital, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Deutsche Bank AG, London, Winchester House, 1 Great Winchester Street, London, EC2N 2DB
Administrators Paragon Finance PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Mortgage Trust Services plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Trustee Citicorp Trustee Company Limited, Citigroup Centre, 6thFloor, Canada Square, Canary Wharf, London, E14 5LB
Rating Agencies Moody’s Investors Service Limited, One Canada Square, Canary Wharf, London, E14 5FA
Standard & Poors, 20 Canada Square, Canary Wharf, London, E14 5LH
Fitch Ratings Limited, 30 North Colonnade, London, E14 5GN
Principal Paying / Reference Agent/ Citibank, N.A. Citigroup Centre, 21stFloor, Canada Square, Canary Wharf, London, E14 5LB
U.S.Paying Agent Citibank, N.A. 388 Greenwich Street, 14thFloor, New York, N.Y. 10043, U.S.A.
Tender Agent Citibank, N.A. Citigroup Centre, 21stFloor, Canada Square, Canary Wharf, London, E14 5LB
Class A1 Remarketing Agent Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Class A1 Conditional Note Purchaser Sheffield Receivables Corporation, c/o Barclays Bank PLC, 200 Park Avenue, 5thFloor, New York 10166 USA
Legal Advisors to the Issuer/Administrators Clifford Chance LLP, 10 Upper Bank Street, Canary Wharf, London, E14 5JJ
Legal Advisors to the Lead Manager and Trustee Herbert Smith LLP, Exchange House, Primrose Street, London, EC2A 2HS
Auditors to the Issuer KPMG, One Snowhill, Snowhill Queensway, Birmingham, B4 6GH
Underlying Assets Investment Home Loans
Subordinated Loan Providers Paragon Finance PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Mortgage Trust Services PLC, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Substitute Administrator Homeloan Management Limited, The Pavilions, Bridgwater Road, Bristol, BS13 8AE
Substitute Administrator Facilitator Intertrust Management Limited, 35 Great St. Helen’s, London, EC3A 6AP
SWAP Counterparty JP Morgan Chase Bank, 12thFloor, 125 London Wall, London, EC2Y 5AJ
ABN AMRO Bank, N.V., 250 Bishopsgate, London, EC2M 4AA
Currency SWAP Provider HSBC Bank plc, 8 Canada Square, London, E14 5HQ
Flexible Drawing Facility Provider Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB (Facility cancelled on 17th March 2014)