97NP Non C.m.1 A Frn

RNS Number:2184G
Non Conforming Mortgages 1 PLC
15 January 2003


As Agent Bank, please be advised of the following rate determined on: 
15-JAN-2003.

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            :  15-JAN-2003  To  17-FEB-2003    Payment Date  17-FEB-2003 
Number of Days    :  33
Rate              :  5.32625
Denomination GBP  :  10,000.00          10,000.00
Amount Payable
Per Denomination  :  48.16

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

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