FRN Variable Rate Fix
14 September 2007 - 2:13AM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on: 10-Sep-2007
Issue : Southern Pacific Securities 05-1 Plc - Class B1c
GBP 45,500,000.00 Mortgage Backed FRN Due 10-Jun-2043
ISIN Number : XS0212691660
Common Code/ : US84359WAE03
144A ISIN
Issue Nomin GBP : 45,500,000.00
Period : 10-Sep-2007 to 10-Dec-2007 Payment Date 10-Dec-2007
Number of Days : 91
Rate : 7.16625
Denomination GBP : 50,000.00
Amount Payable
per Denomination : 893.33
Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Institutional Trust Services Facsimille 44 1202 689601
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