55OJ Res.mort.7'a'4a

RNS Number:3595P
Residential Mortgage Secs No.7 PLC
11 August 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
11-AUG-2000


Issue:               RESIDENTIAL MORTGAGE SECURITIES 7 PLC - CLASS M
                     #16,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN NO:             XS0102820981            
Issue Nominal GBP:   16,200,000.00
Period:              11-AUG-2000    To   13-NOV-2000  Payment Date 13-NOV-2000
Number of Days:      94
Rate:                7.45375
Denomination GBP:    100,000.00
Amount Payable
Per Denomination:    1,914.35

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

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