RNS Number:7996Z
Residential Mortgage Secs No.7 PLC
9 August 2002

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

Issue             :     Residential Mortgage Securities 7 PLC - Class A
                        EUR 256,200,000 Mortgage Backed FRN Due 2038
ISIN Number       :     XS0102812020
Issue Nominal EUR :     256,200,000.00
Period            :     12-Aug-2002  To  12-Nov-2002   Payment Date  12-Nov-2002
Number of Days    :     92
Rate              :     3.686       Pool Factor: 0.205425
Denomination EU   :     20,542.48
Amount Payable          193.51
Per Denomination  :  

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


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

Issue             :      Residential Mortgage Securities 7 PLC - Class A
                         Detachable Coupons Due 2038
ISIN Number       :      XS0102812024
Issue Nominal GBP :      256,200,000.00
Period            :      12-Aug-2002  To  12-Nov-2002  Payment Date  12-Nov-2002
Number of Days    :      92
Rate              :      0.65534         Pool Factor:    0.205425
Denomination GB   :      13,296.09
Amount Payable           87.13
Per Denomination  :  

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



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