FRN Variable Rate Fix
26 March 2008 - 1:11AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on: 10-Mar-2008
Issue : Southern Pacific Securities 05-1 plc - Class A2c
GBP 230,850,000.00 Mortgage Backed FRN Due 10 June 2043
ISIN Number : XS0212691314
Common Code/ : 21269131
144A ISIN
Issue Nomin GBP : 230,850,000.00
Period : 10-Mar-2008 to 10-Jun-2008 Payment Date 10-Jun-2008
Number of Days : 92
Rate : 5.94438 Pool Factor: 0.234622
Denomination GBP : 11,731.08
Amount Payable
per Denomination : 175.29
Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Institutional Trust Services Facsimille 44 1202 689601
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