BR47 Bingh Sukuk.27

RNS Number:9402I
Maple Mortgage Securities No.1
23 February 2005


MAPLE MORTGAGE SECURITIES NO 1 PLC
#93 MILLION CLASS A2 NOTES
MULTI-CLASS MORTGAGE BACKED FLOATING RATE NOTES DUE 2030

Please accept this letter as confirmation that, with respect to the above, there
will be a principal repayment of #1408.00 per #100,000 A2 Note, pursuant to
Clause (5b) of the Notes, on the interest payment date of 28 February 2005.

The principal amount outstanding at the latter date will be #5651.00 per Note.

Please note that The Mortgage Works (UK) plc acts as Administrator for the above
mortgage pool.


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