RNS Number:2511B
Non Conforming Mortgages 1 PLC
16 September 2002

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

Issue             :  NON CONFORMING MORTGAGES 1 PLC - CLASS B
                     #3,300,000 MORTGAGE BACKED FRN DUE 2037
ISIN Number       :  XS0096558241
Issue Nominal GBP :  3,300,000.00
Period            :  16-SEP-2002  To  15-OCT-2002    Payment Date  15-OCT-2002 
Number of Days    :  29
Rate              :  6.735
Denomination GBP  :  10,000.00        10,000.00
Amount Payable
Per Denomination  :  53.51





Issue             :  NON CONFORMING MORTGAGES 1 PLC - CLASS M
                     #6,300,000 MORTGAGE BACKED FRN DUE 2037
ISIN Number       :  XS0096557276
Issue Nominal GBP :  6,300,000.00
Period            :  16-SEP-2002  To  15-OCT-2002    Payment Date  15-OCT-2002 
Number of Days    :  29
Rate              :  5.285             
Denomination GBP  :  10,000.00        10,000.00
Amount Payable
Per Denomination  :  41.99

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

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