FRN Variable Rate Fix
June 15 2006 - 11:56AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on:
12-Jun-2006
Issue : Southern Pacific Securities 05-1 plc - Class A2c
GBP 230,850,000.00 Mortgage Backed FRN due 10 Jun 2043
ISIN Number : XS0212691314
Common Code/
144A ISIN : XS0212691405
Issue Nomin GBP : 230,850,000.00
Period : 12-Jun-2006 to 11-Sep-2006 Payment Date 11-Sep-2006
Number of Days : 91
Rate : 4.88 Pool Factor 0.99856
Denomination GB : 49,928.00
Amouny Payable : 607.45
per Denomination
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