FRN Variable Rate Fix
13 September 2006 - 1:56AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on:07-Sep-2006
Issue : Southern Pacific Securities 05-1 plc - Class A2a
EUR 153,000,000 Mortgage Backed FRN due 10 Jun 2043
ISIN Number : XS0212691157
Common Code/
144A ISIN : US84359WAC47
Issue Nomin EUR : 153,000,000.00
Period : 11-Sep-2006 to 11-Dec-2006 Payment Date 11-Dec-2006
Number of Days : 91
Rate : 3.444 Pool Factor: 0.9963
Denomination EU : 99,630.00
Amount Payable : 867.35
per Denomination
Rate Fix Desk Telephone 44(0) 1202 34 1286
Institutional Trust Services Facsimile 44(0) 1202 34 1267
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