FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

As Agent Bank, please be advised of the following rate determined on: 10/12/2012
Issue	¦ Southern Pacific Securities 04-2 plc - Class E GBP 7,000,000 Mortgage Backed FRN due 10 Dec 2042
ISIN Number	¦ XS0196618499
ISIN Reference	¦ 19661849
Issue Nomin GBP	¦ 7000000
Period	¦ 10/12/2012 to 11/03/2013		Payment Date 11/03/2013
Number of Days	¦ 91
Rate	¦ 3.76875
Denomination GBP	¦ 10000	¦ 7000000		¦
Amount Payable per Denomination	¦ 93.96	¦ 65772.43		¦