98LR Orig B Frn29s

RNS Number:2484G
Originated Mortgage Loans 1 PLC
16 January 2003


*******************************AMENDED*****************************************

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

Issue             :        Originated Mortgage Loans 1 Plc Class B
                           #10,000,000 Mortgage Backed FRN Due 2029
ISIN Number       :        XS0088533988
Issue Nominal GBP :        10,000,000.00
Period            :  15-Jan-2003  To  *18-Feb-2003*    Payment Date  18-Feb-2003
Number of Days    :        *34*
Rate              :        5.77258
Denomination GB   :        10,000,000.00
Amount Payable             *53,771.98*
Per Denomination  :  

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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