RNS Number:7152D
Residential Mortgage Secs No.7 PLC
12 November 2002


As Agent Bank, please be advised of the following rate determined on: 
12-NOV-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-NOV-2002  To  11-FEB-2003    Payment Date  11-FEB-2003 
Number of Days    :  91
Rate              :  8.41484
Denomination GB   :  100,000.00
Amount Payable
Per Denomination  :  2,097.95

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




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