RNS Number:1665L
Residential Property Secs No 5.PLC
24 May 2000


RE:   RESIDENTIAL PROPERTY SECURITIES 
      GBP 3,650,000 NO5 CLASS B2 BOND 
      DUE 24 SEPTEMBER 2023
      ISIN: XS0080292963

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 24MAY00 TO 24AUG00 HAS BEEN FIXED AT 7.01 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 24AUG00 WILL AMOUNT TO:
GBP 881.04 PER GBP 50,000.00 DENOMINATION.
---------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.

RATEFIX DESK
CITIBANK N.A., LONDON


END

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