52ME Sthn.pac.42c1cs

    


Southern Pacific Securities 04-2 plc



As Agent Bank, please be advised of the following rate determined on: 10-Sep-2008
Issue              � Southern Pacific Securities 04-2 plc - Class C1c
                     GBP 19,400,000.00 Mortgage Backed FRN Due 10-Dec-2042
ISIN Number        � XS0196616360
Common Code / 144A � US84359VAM46
 ISIN
Issue Nomin GBP    � 19,400,000.00
Period             � 10-Sep-2008 to 10-Dec-2008            Payment Date 10-Dec-2008
Number of Days     � 91
Rate               � 6.51688
Denomination GBP   � 10,000.00             �                      �

Amount Payable per � 162.03                �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601

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