95PB Mortgage 1 A

RNS Number:9249P
Mortgages No 1 PLC
14 January 2002

LETTER TO:  COMPANY ANNOUNCEMENTS OFFICE

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

Issue             : MORTGAGE NO 1 PLC - SERIES B  
                    #13,500,000 MORTGAGE BACKED FRN DUE APRIL 2033 

ISIN NO           : XS0111091871

Issue Nominal GBP : 13,500,000.00 
Period            : 14-JAN-2002  To  12-APR-2002    Payment Date  12-APR-2002 
Number of Days    : 88 
Rate              : 7.04266
Denomination GBP  : 10,000.00   1,000,000.00 
Amount Payable      169.80
Per Denomination  :  

From:  JP Morgan

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