TIDM69BH 
 
 
As Agent Bank, please be advised of the following rate determined  on: 10/12/2010 
Issue                            ¦ Southern Pacific Securities 05-1 plc - Class C1c - GBP 26,250,000  Mortgage Backed FRN due 10 Jun 2043 
ISIN Number                      ¦ XS0212691744 
ISIN Reference                   ¦ US84359WAF77 
Issue Nomin GBP                  ¦ 26,250,000 
Period                           ¦ 10/12/2010 to 10/03/2011    Payment Date 10/03/2011 
Number of Days                   ¦ 90 
Rate                             ¦ 1.235 
Denomination GBP                 ¦ 50,000  ¦                      ¦ 
Amount Payable per Denomination  ¦ 152.26  ¦                      ¦ 
Bank of New York 
Rate Fix Desk                             Telephone             ¦ 44 1202 689580 
Corporate Trust Services                   Facsimile            ¦ 44 1202 689601 
 
 
 
 
 

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