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

RNS Number:0337U
Residential Mortgage Secs No.7 PLC
13 November 2000



Letter To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
13-NOV-2000

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

ISIN NO:             XS0102822177             
Issue Nominal GBP:   8,000,000.00
Period:              13-NOV-2000   To 12-FEB-2001   Payment Date 12-FEB-2001
Number of Days:      91
Rate:                10.55875                        
Denomination GBP:    100,000.00
Amount Payable
per Denomination:    2,628.58

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7945

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