FRN Variable Rate Fix
September 13 2007 - 11:11AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on: 10-Sep-2007
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/ : 21269131
144A ISIN
Issue Nomin GBP : 230,850,000.00
Period : 10-Sep-2007 to 10-Dec-2007 Payment Date 10-Dec-2007
Number of Days : 91
Rate : 7.05625 Pool Factor: 0.47884
Denomination GBP : 23,942.00
Amount Payable
per Denomination : 421.19
Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Institutional Trust Services Facsimille 44 1202 689601
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