RNS Number:8597Z
Residential Mortgage Secs No.7 PLC
12 August 2002



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

Issue             :   RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS M
                      #16,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN Number       :   XS0102820981
Issue Nominal GBP :   16,200,000.00
Period            :   12-AUG-2002  To  12-NOV-2002    Payment Date  12-NOV-2002 
Number of Days    :   92
Rate              :   5.22219
Denomination GB   :   100,000.00
Amount Payable
Per Denomination  :   1,316.28



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

Issue             :   RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS B
                      #8,000,000 MORTGAGE BACKED FRN DUE 2038
ISIN Number       :   XS0102822177
Issue Nominal GBP :   8,000,000.00
Period            :   12-AUG-2002  To  12-NOV-2002    Payment Date  12-NOV-2002 
Number of Days    :   92
Rate              :   8.42219
Denomination GB   :   100,000.00
Amount Payable
Per Denomination  :   2,122.85


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




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