FRN Variable Rate Fix
September 13 2006 - 8:55AM
UK Regulatory
Southn Pac Secs 04-1
As Agent Bank, please be advised of the following rate determined on:
11-Sep-2006
Issue : Southern Pacific Securities 04-1 plc - Class B - Reg S
GBP 6,000,000.00 Mortgage Backed FRN Due 10 Dec 2042
ISIN Number : XS0186715222
Common Code/ : 18671522
144A ISIN
Issue Nomin GBP : 6,000,000.00
Period : 11-Sep-2006 to 11-Dec-2006 Payment Date 11-Dec-2006
Number of Days : 91
Rate : 8.48625
Denomination GBP : 10,000.00
Amount Payable
per Denomination : 211.58
JPMorgan Chase Bank
Rate Fix Desk Telephone 44 (0) 1202 32 8226
Institutional Trust Services Facsimille 44 (0) 1202 34 7939
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