PREFERRED RESIDENTIAL SECURITIES 7 PLC


As Agent Bank, please be advised of the following rate determined on: 15-Jun-2007

Issue               : Preferred Residential Securities 7plc - Class B
                      GBP 40,500,000 Mortgage Backed FRN Due 15 Dec 2041
ISIN Number         : XS0183101558
Common Code/        : 18310155
144A ISIN
Issue Nomin     GBP : 40,500,000.00
Period              : 15-Jun-2007 to 17-Sep-2007          Payment Date 17-Sep-2007
Number of Days      : 94
Rate                : 6.95                        Pool Factor:    0.437493
Denomination GBP    : 4,374.93

Amount Payable
per Denomination    : 78.31

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services  Facsimille          44 1202 689601



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