FRN Variable Rate Fix
March 16 2007 - 3:05AM
UK Regulatory
Southern Pacific Securities 04-2 plc
As Agent Bank, please be advised of the following rate determined on:12-Mar-2007
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 / US84359VAJ17
144A ISIN
Issue Nomin GBP : 31,600,000.00
Period : 12-Mar-2007 to 11-Jun-2007 Payment Date 11-Jun-2007
Number of Days : 91
Rate : 6.0275
Denomination GB : 10,000.00
Amount Payable
per Denomination : 150.27
Institutional Telephone 44(0) 1202 32 8236
Trust Services Facsimile 44(0) 1202 34 7939
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