FRN Variable Rate Fix
September 11 2008 - 8:40AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on: 10-Sep-2008
Issue � Southern Pacific Securities 05-1 plc - Class B1c
GBP 45,500,000.00 Mortgage Backed FRN Due 10-Jun-2043
ISIN Number � XS0212691660
Common Code / 144A � US84359WAE03
ISIN
Issue Nomin GBP � 45,500,000.00
Period � 10-Sep-2008 to 10-Dec-2008 Payment Date 10-Dec-2008
Number of Days � 91
Rate � 5.98688
Denomination GBP � 50,000.00 � �
Amount Payable per � 744.27 � �
Denomination
Bank of New York
Rate Fix Desk Telephone � 44 1202 689580
Corporate Trust Services Facsimile � 44 1202 689601
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