56YO Wells Fargo 35

    

Pillar Funding Series 2005-1 plc


As Agent Bank, please be advised of the following rate determined on:15-Aug-2008
Issue                : Pillar Funding Series 2005 - Class B
                       GBP 12,500,000 Asset Backed FRN due 15 Nov 2012
ISIN Number          : XS0236181250
Common Code /        : 23618125
144A ISIN
Issue Nomin GBP      : 12,500,000.00
Period               : 15-Aug-2008 to 17-Nov-2008    Payment Date 17-Nov-2008
Number of Days       : 94
Rate                 : 6.02188
Denomination GB      : 50,000.00
Amount Payable       : 773.30
per Denomination

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

Wells Fargo 35 (LSE:56YO)
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