55OJ Res.mort.7'a'4a

RNS Number:4333K
Residential Mortgage Secs No.7 PLC
11 May 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
11-MAY-2000

Issue:             RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS M
                   #16,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN NO:           XS0102820981              
Issue Nominal GBP: 16,200,000.00
Period:            11-MAY-2000  To  11-AUG-2000    Payment Date  11-AUG-2000
Number of Days:    92
Rate:              7.56313                     
Denomination GBP:  100,000.00
Amount Payable
Per Denomination:  1,901.11

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


END
RC UAOSRRNRVAAR

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