RNS Number:6178Y
Residential Mortgage Secs No.7 PLC
8 February 2001


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
08-Feb-2001.

Issue:            Residential Mortgage Securities 7 PLC - Class A
                  EUR 256,200,000 Mortgage Backed FRN Due 2038
ISIN NO:          XS0102812020               
Issue NominalEUR: 256,200,000.00
Period:           12-Feb-2001    To   11-May-2001     Payment Date: 11-May-2001
Number of Days:   88
Rate:             5.081          Pool Factor: 0.665773             
DenominationEUR:  66,577.28
Amount Payable
Per Denomination: 826.90

From:
Steven Coutts                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services      Facsimile 44 (0) 1202 34 7438
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