RNS Number:7208V
Residential Mortgage Secs No.7 PLC
9 May 2002


As Agent Bank, please be advised of the following rate determined on: 
09-MAY-2002.

Issue             :     RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS A 
                        EUR256,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN Number       :     XS0102812020
Issue Nominal EUR :     256,200,000.00
Period            :     13-MAY-2002  To 12-AUG-2002  Payment Date 12-AUG-2002 
Number of Days    :     91
Rate              :     3.778             Pool Factor:  0.257244
Denomination EU   :     25,724.41
Amount Payable
Per Denomination  :     245.67

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


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