98LR Orig B Frn29s

RNS Number:1084T
Originated Mortgage Loans 1 PLC
15 March 2002

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

Issue             :      Originated Mortgage Loans 1 Plc Class M2
                         £11,000,000 Mortgage backed FRN Due 2029
ISIN NO           :      XS0088533632
Issue Nominal GBP :      11,000,000.00
Period            :  15-Mar-2002  To  15-Apr-2002    Payment Date  15-Apr-2002
Number of Days    :      31
Rate              :      4.97914
Denomination GB   :      11,000,000.00
Amount Payable           46,517.44
Per Denomination  :  

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





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