52MC Sthn.pac.42c1as

    


Southern Pacific Securities 04-2 plc



As Agent Bank, please be advised of the following rate determined on: 08-Sep-2008
Issue              � Southern Pacific Securities 04-2 plc - Class C1a
                     EUR 5,000,000.00 Mortgage Backed FRN Due 10-Dec-2042
ISIN Number        � XS0196615396
Common Code / 144A � US84359VAK89
 ISIN
Issue Nomin EUR    � 5,000,000.00
Period             � 10-Sep-2008 to 10-Dec-2008            Payment Date 10-Dec-2008
Number of Days     � 91
Rate               � 5.659
Denomination EUR   � 50,000.00             �                      �

Amount Payable per � 715.23                �                      �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601

Sthn.pac.42c1as (LSE:52MC)
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