FRN Variable Rate Fix
June 15 2006 - 12:45PM
UK Regulatory
Southern Pacific Securities 05-1 plc
As Agent Bank, please be advised of the following rate determined on:
12-Jun-2006
Issue : Southern Pacific Securities 05-1 plc - Class A1c
GBP 160,850,000 Mortgage Backed FRN due 10 Jun 2025
ISIN Number : XS0212690852
Common Code/
144A ISIN : US84359WAB63
Issue Nomin GBP : 160,850,000.00
Period : 12-Jun-2006 to 11-Sep-2006 Payment Date 11-Sep-2006
Number of Days : 91
Rate : 4.8 Pool Factor 0,34282
Denomination GB : 17,141.00
Amouny Payable : 205.13
per Denomination
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