RNS Number:4439F
Residential Mortgage Secs No.7 PLC
11 February 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
11/02/2000.

Issue:              RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS M
                    #16,200,000 MORTGAGE BACKED FRN DUE 2038     

ISIN NO:            XS0102820981             Payment Date  11-MAY-2000
Issue NominalGBP:   16,200,000.00
Period:             11/02/2000     To      11/05/2000
Number of Days:     90
Rate:               7.5025                     PCT
DenominationGBP:    100,000.00
Amount Payable
Per Denomination:   1,844.88

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

END

RC UAVORRRRUAAR


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