56YO Wells Fargo 35

    


Pillar Funding Series 2005-1 plc


As Agent Bank, please be advised of the following rate determined on:15-Nov-2007
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Issue               : Pillar Funding Series 2005 - Class B
                      GBP 12,500,000 Asset Backed FRN due 15 Nov 2012
ISIN Number         : XS0236181250
Common Code /       : 23618125
144A ISIN
Issue Nomin GBP     : 12,500,000.00
Period              : 15-Nov-2007  to  15-Feb-2008   Payment Date: 15-Feb-2008
Number of Days      : 92
Rate                : 6.6025
Denomination GB     : 50,000.00
Amount Payable
per Denomination    : 829.82

Bank of New York
Rate Fix Desk         Telephone 44 1202 689580
Corporate Trust Services Facsimile 44 1202 689601

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