RNS No 7961v
RAMS MORTGAGE CORPORATION LIMITED
2nd October 1998

To: Company Announcements Office


RE. RAMS MORTGAGE CORP LTD USD 16MN FRN DUE 2032
(CLASS B)
COMMON CODE. 9089012
INTEREST PERIOD. 01OCT98-11JAN99
INTEREST RATE SET. 5.7425   PER CENT
INTEREST PAYABLE PER DENOMINATION OF USD 100,000
IS 1627.04
INTEREST PAYABLE DATE. 11JAN99

From: PAUL ALLSOP
      CORPORATE TRUST SERVICES
      TEL. 171 982 2387 / 5903
      BANKERS TRUST COMPANY LONDON


END

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