RNS Number:4438F
Residential Mortgage Secs No.7 PLC
11 February 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
11/02/00.

Issue:  RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS B
        #8,000,000 MORTGAGE BACKED FRN DUE 2038

ISIN NO: XS0102822177      Payment Date  11 MAY 2000
Issue Nominal GBP: 8,000,000.00
Period:            11/02/00     To      11/05/00
Number of Days:    90
Rate:              10.7025              PCT
Denomination GBP:  100,000.00
Amount Payable
Per Denomination:  2,631.76

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

END

RC UASORRKRUAAR


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