TIDM52LY 
 
 
As Agent Bank, please be advised of the following rate determined  on: 08/09/10 
Issue                            ¦ Southern Pacific Securities 04-2 plc - Class B1b - USD 22,500,000  Mortgage Backed FRN due 10 Dec 2042 
ISIN Number                      ¦ XS0196613425 
ISIN Reference                   ¦ US84359VAH50 
Issue Nomin USD                  ¦ 22,500,000 
Period                           ¦ 10/09/10 to 10/12/10    Payment Date 10/12/10 
Number of Days                   ¦ 91 
Rate                             ¦ 0.7125                 Pool Factor: Pool Factor 
Denomination USD                 ¦ 1,681  ¦                   ¦ 
Amount Payable per Denomination  ¦ 3.03   ¦                   ¦ 
Bank of New York 
Rate Fix Desk                            Telephone          ¦ 44 1202 689580 
Corporate Trust Services                  Facsimile         ¦ 44 1202 689601
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