FRN Variable Rate Fix
13 December 2005 - 6:05PM
UK Regulatory
Southern Pacific Securities D PLC
As Agent Bank, please be advised of the following rate determined on:12-Sep-2005
Issue : Southern Pacific Securities D Plc - Class M
�17,200,000 FRN Due 10 Mar 2040
ISIN Number : XS0148241036
Common Code/
144A ISIN : 14824103
Issue Nomin GBP : 17,200,000.00
Period : 12-Dec-2005 to 10-Mar-2006 Payment Date 10-Mar-2006
Number of Days : 88
Rate : 5.89125 Pool Factor: 0.2169
Denomination GB : 2,169.00
Amount Payable
per Denomination : 30.81
Rate Fix Desk Telephone 44(0) 1202 34 1286
Institutional Trust Services Facsimile 44(0) 1202 34 1267
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