RNS Number:7452D
Residential Mortgage Secs No.7 PLC
13 November 2002


                             AMENDED  


As Agent Bank, please be advised of the following rate determined on: 
12-Nov-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-Nov-2002  to  *11-Feb-2003*   Payment Date  11-Feb-2003
Number of Days    :  91
Rate              :  5.21484        
Denomination GB   :  100,000.00
Amount Payable            
per Denomination  :  *1,300.14*


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


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