Southern Pacific Securities D Plc

                   Southern Pacific Securities D plc
     Class A Mortgage Backed floating rate due 2040 - XS0148238081
               Class A Detachable Coupons - XS0148238248
     Class M Mortgage Backed floating rate due 2040 - XS0148241036
     Class B Mortgage Backed floating rate due 2040 - XS0148241200

Please be advised that the above issue will REDEEM EARLY on the 11 Sep 2006. The
outstanding balance will therefore be ZERO.

Please amend your records accordingly.

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