RNS Number:7276V
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
                     DETACHABLE COUPONS DUE 2038
ISIN Number       :  XS0102812024
Issue Nominal GBP :  256,200,000.00
Period            :  13-MAY-2002  To  12-AUG-2002    Payment Date  12-AUG-2002 
Number of Days    :  91
Rate              :  0.64822                      POOL FACTOR:     0.257244
Denomination  GBP :  16,650.09
Amount Payable
Per Denomination  :  107.93

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


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