FRN Variable Rate Fix
June 14 2006 - 8:56AM
UK Regulatory
Southern Pacific Securities 04-2 plc
As Agent Bank, please be advised of the following rate determined on:12-Jun-2006
Issue : Southern Pacific Securities 04-2 plc - Class B1c
GBP 31,600,000 Mortgage Backed FRN due 10 Dec 2042
ISIN Number : XS0196614829
Common Code/
144A ISIN : US84359VAJ17
Issue Nomin GBP : 31,600,000.00
Period : 12-Jun-2006 to 11-Sep-2006 Payment Date 11-Sep-2006
Number of Days : 91
Rate : 5.22
Denomination GB : 10,000.00
Amount Payable : 130.14
per Denomination
Rate Fix Desk Telephone 44(0) 1202 34 1286
Institutional Trust Services Facsimile 44(0) 1202 34 1267
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