RNS Number:8001Y
Residential Mortgage Secs No.7 PLC
13 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
                    EUR256,200,000 MORTGAGE BACKED FRN DUE 2038
ISIN NO:            XSO102812020             
Issue Nominal EUR:  256,200,000.00
Period:             12-FEB-2001 To 11-MAY-2001    Payment Date  11-MAY-2001
Number of Days:     88
Rate:               5.081                     
Denomination EUR:   66,577.28         POOL FACTOR:  0.665773
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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