BW20030715002143  20030715T170718Z UTC


( BW)(PARAGON-PERS&AUTO-2)(AG54)  FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--July 15, 2003--

RE: PARAGON PERSONAL AND AUTO FINANCE (NO.2) PLC
    GBP 70,900,000.00
    MATURING: 15-Jan-2033
    ISSUE DATE:12-Dec-2001
    ISIN: XSO140279638

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Jly-2003 TO 15-Oct-2003 HAS BEEN FIXED AT 4.633440 PCT

INTEREST PAYABLE VALUE 15-Oct-2003 WILL AMOUNT TO:
GBP 116.79 PER GBP 10,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881

   Short Name: Paragon Pers Auto 2
   Category Code: RC
   Sequence Number: 00007099
   Time of Receipt (offset from UTC): 20030715T180410+0100

    --30--ZW/uk*

    CONTACT: Paragon Pers&Auto 2

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Paragon Pers&Auto 2

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