REG-Southern Pacific Securities 04-2 plc FRN Variable Rate Fix

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Wed Jun 10, 2009 12:05pm EDT

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 10/06/09                                                                                   
 Issue                            | Southern Pacific Securities 04-2 plc - Class C1c - GBP 19,400,000 Mortgage Backed FRN due 10 Dec 2042                        
                                                                                                                                                                 
 ISIN Number                      | XS0196616360                                                                                                                 
 ISIN Reference                   | US84359VAM46                                                                                                                 
 Issue Nomin GBP                  | 19,400,000                                                                                                                   
 Period                           | 10/06/09 to 10/09/09                                                        Payment Date 10/09/09                          
 Number of Days                   | 92                                                                                                                           
 Rate                             | 2.05563                                                                                                                     
 Denomination GBP                 | 10,000                      |                                                                             |              
                                                                                                                                                                
 Amount Payable per Denomination  | 51.81                       |                                                                             |              
                                                                                                                                                                
 Bank of New York                                                                                                                                               
 Rate Fix Desk                                                   Telephone                                     | 44 1202 689580                               
 Corporate Trust Services                                         Facsimile                                     | 44 1202 689601                               


Southern Pacific Securities 04-2 plc 

Copyright Business Wire 2009

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