97NP Non C.m.1 A Frn

RNS Number:1078T
Non Conforming Mortgages 1 PLC
15 March 2002

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

Issue             :      Non Conforming Mortgages 1 PLC - Class A
                         Mortgage Backed FRN Detachable Coupons
ISIN NO           :      XS0096552715
Issue Nominal GBP :      56,400,000.00
Period            :  15-Mar-2002  To  15-Apr-2002    Payment Date  15-Apr-2002
Number of Days    :      31
Rate              :      0.16986301369      Pool Factor:   0.1735
Denomination GB   :      1,735.00
Amount Payable           2.95
Per Denomination  :  

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


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