Moody's upgrades notes in 4 UK non-conforming RMBS transactions

London, 12 August 2014 -- Moody's Investors Service, ("Moody's"), has today upgraded 2 notes issued by Eurosail 2006-1 plc ("ESAIL 6-1"), 2 notes issued by Southern Pacific Securities 04-1 plc ("SPS 4-1"), 4 notes issued by Southern Pacific Securities 05-1 plc ("SPS 5-1") and 5 notes issued by Southern Pacific Securities 06-1 plc ("SPS 6-1"). At the same time, Moody's affirms the ratings on all other notes. Please refer to the list of the affected ratings at the end of this press release, before the regulatory disclosure section. The list is an integral part of this press release.

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