RNS Number:0757N
Residential Mortgage Secs No.7 PLC
13 November 2001


As Agent Bank, please be advised of the following rate determined on: 
13-NOV-2001.

Issue             :  RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS M
                     #16,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN NO           :  XS0102820981
Issue Nominal GBP :  16,200,000.00
Period            :  13-NOV-2001  To  11-FEB-2002    Payment Date  11-FEB-2002 
Number of Days    :  90
Rate              :  5.13625
Denomination GBP  :  100,000.00
Amount Payable
Per Denomination  :  1,266.47

From:
Institutional         Telephone 44 (0) 1202 34 1286
Trust Services        Facsimile 44 (0) 1202 34 7438
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