RNS Number:8597Z
Residential Mortgage Secs No.7 PLC
12 August 2002



As Agent Bank, please be advised of the following rate determined on: 
12-AUG-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-AUG-2002  To  12-NOV-2002    Payment Date  12-NOV-2002 
Number of Days    :   92
Rate              :   5.22219
Denomination GB   :   100,000.00
Amount Payable
Per Denomination  :   1,316.28



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

Issue             :   RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS B
                      #8,000,000 MORTGAGE BACKED FRN DUE 2038
ISIN Number       :   XS0102822177
Issue Nominal GBP :   8,000,000.00
Period            :   12-AUG-2002  To  12-NOV-2002    Payment Date  12-NOV-2002 
Number of Days    :   92
Rate              :   8.42219
Denomination GB   :   100,000.00
Amount Payable
Per Denomination  :   2,122.85


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




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
RC UUVSRUNRWAAR

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