FRN Variable Rate Fix

LONDON--()--

As Agent Bank, please be advised of the following rate determined on: 10/12/2012
Issue ¦ Southern Pacific Securities 05-1 plc - Class B1c GBP 45,500,000 Mortgage Backed FRN due 10 Jun 2043
 
ISIN Number ¦ XS0212691660
ISIN Reference ¦ 0
Issue Nomin GBP ¦ 45500000
Period ¦ 10/12/2012 to 11/03/2013   Payment Date 11/03/2013
Number of Days ¦ 91
Rate ¦ 0.78875
Denomination GBP ¦ 50000   ¦ 45500000   ¦
 
Amount Payable per Denomination ¦ 34.44 ¦ 31340.93 ¦

Short Name: Southern PacSec 05-1
Category Code: RC
Sequence Number: 355209
Time of Receipt (offset from UTC): 20121211T103931+0000

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ISIN: XS0212691660