FRN Variable Rate Fix
May 16 2006 - 9:25AM
UK Regulatory
Pillar Funding Series 2005-1 plc
As Agent Bank, please be advised of the following rate determined on:
15-May-2006
Issue : Pillar Funding Series 2005 - Class B
GBP 12,500,000 Asset Backed FRN due 15 Nov 2012
ISIN Number : XS0236181250
Common Code/
144A ISIN : 23618125
Issue Nomin GBP : 12,500,000.00
Period : 15-May-2006 to 15-Aug-2006 Payment Date 15-Aug-2006
Number of Days : 92
Rate : 4.97063
Denomination GB : 50,000.00
Amount Payable
per Denomination : 626.44
Institutional Telephone 44(0) 1202 34 1286
Trust Services Facsimile 44(0) 1202 34 1267
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