TIDM52ME 
 
 
As Agent Bank, please be advised of the following rate determined  on: 10/12/09 
Issue                            ¦ Southern Pacific Securities 04-2 plc - Class C1c - GBP 19,400,000  Mortgage Backed FRN due 10 Dec 2042 
ISIN Number                      ¦ XS0196616360 
ISIN Reference                   ¦ US84359VAM46 
Issue Nomin GBP                  ¦ 19,400,000 
Period                           ¦ 10/12/09 to 10/03/10    Payment Date 10/03/10 
Number of Days                   ¦ 90 
Rate                             ¦ 1.40563 
Denomination GBP                 ¦ 10,000  ¦                  ¦ 
Amount Payable per Denomination  ¦ 34.66   ¦                  ¦ 
Bank of New York 
Rate Fix Desk                             Telephone         ¦ 44 1202 689580 
Corporate Trust Services                   Facsimile        ¦ 44 1202 689601
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