Redemption of Notes

RNS Number:6169O
Paragon Mortgages (No.4) PLC
7 July 2005


Confirmation of redemption of notes and cancellation of listing

Certain classes of asset-backed specialist debt securities issued by us. Paragon 
Mortgages (No.4) PLC, on 27 March 2002 (being the Notes as defined in the notice 
set out in the attached Schedule) are listed on the Official List maintained by 
the UK. Listing Authority and are admitted to trading on the London Stock 
Exchange.

In accordance with our continuing obligations under the UK Listing Rules and the 
London Stock Exchange Rules, please arrange for the attached notice to be issued 
through the Regulatory News Service on 7 July 2005 or as soon as reasonably 
practical thereafter.

If you have any queries or require any further information regarding the 
attached notice, please contact either:

-   Gina Hartnett of Clifford Chance (direct tel: [phone], 
    fax: [phone] or email: [e-mail]), or

-   John Harvey of Paragon (direct tel: [phone], 
    mobile tel: [phone]. fax: [phone] or email: 
    [e-mail]): or

-   Jimmy Giles of Paragon (direct tel: [phone], fax: [phone] or 
    email: [e-mail]).

Paragon Mortgages (No.4) PLC

 
 

               Form of Notice to be issued on 7 July 2005 

CONFIRMATION OF REDEMPTION OF NOTES AND CANCELLATION OF LISTING 

Paragon Mortgages (No.4) PLC
(Registered in England and Wales under number 3696156) 
the "issuer") 

Class A Mortgage Backed Floating Rate Notes Due 2032
(the "class A Notes")
Class B Mortgage Backed Floating Rate Notes Due 2044
(the Class B Notes and together with the Class A Notes, the "notes")


NOTICE IS GIVEN that the Issuer has fully redeemed all of the outstanding Notes 
on 7 July 2005 (the "optional Redemption Date"), pursuant to Condition 5(d) of 
the Terms and Conditions of the Class A Notes and Condition 5(d) of the Terms 
and Conditions of the Class B Notes. Accordingly, at the request of the Issuer:

(a) the Financial Services Authority in its capacity as United Kingdom Listing 
Authority has cancelled the listing of the Notes on the Official List with 
effect from the Optional Redemption Date; and

(b) the London Stock Exchange plc has cancelled the admission of the Notes to 
trading on the London Stock Exchange with effect from the Optional Redemption 
Date.

Dated 7 July 2005


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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