RNS Number:0605U
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 M 
                  #16,200,000 MORTGAGE BACKED FRN DUE 2038

ISIN NO:          XS0102820981               
Issue NominalGBP: 16,200,000.00
Period:           13-NOV-2000 TO 12-FEB-2001   Payment Date  12-FEB-2001
Number of Days:   91
Rate:             7.35875                       
DenominationGBP:  100,000.00
Amount Payable
Per Denomination:  1,831.95

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


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