FRN Variable Rate Fix
June 14 2006 - 8:36AM
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 C1c
GBP 19,400,000 Mortgage Backed FRN due 10 Dec 2042
ISIN Number : XS0196616360
Common Code/
144A ISIN : US84359VAM46
Issue Nomin GBP : 19,400,000.00
Period : 12-Jun-2006 to 11-Sep-2006 Payment Date 11-Sep-2006
Number of Days : 91
Rate : 6.32
Denomination GB : 10,000.00
Amount Payable : 157.57
per Denomination
Rate Fix Desk Telephone 44(0) 1202 34 1286
Institutional Trust Services Facsimile 44(0) 1202 34 1267
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