FRN Variable Rate Fix
13 December 2006 - 6:05PM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on:07-Dec-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-Dec-2006 to 12-Mar-2007 Payment Date 12-Mar-2007
Number of Days : 91
Rate : 3.812 Pool Factor: 0.96351
Denomination EU : 96,351.00
Amount Payable : 928.43
per Denomination
JPMorgan Chase Bank
Rate Fix Desk Telephone 44(0) 1202 34 8236
Institutional Trust Services Facsimile 44(0) 1202 34 7939
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