FRN Variable Rate Fix
15 Juin 2006 - 7:29PM
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 Class B1c
GBP 45,500,000 Mortgage Backed FRN due 10 Jun 2043
ISIN Number : XS0212691660
Common Code/
144A ISIN : US84359WAE03
Issue Nomin GBP : 45,500,000.00
Period : 12-Jun-2006 to 11-Sep-2006 Payment Date 11-Sep-2006
Number of Days : 91
Rate : 4.99
Denomination GB : 50,000.00
Amouny Payable : 622.04
per Deno
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