PREFERRED RESIDENTIAL SECURITIES 7 PLC




As Agent Bank, please be advised of the following rate determined on: 17-Dec-2007

Issue               : Preferred Residential Securities 7 plc - Class B
                      GBP 40,500,000.00 Mortgage Backed FRN Due 15-Dec-2041
ISIN Number         : XS0183101558
Common Code/        : 18310155
144A ISIN
Issue Nomin     GBP : 40,500,000.00
Period              : 17-Dec-2007 to 17-Mar-2008          Payment Date 17-Mar-2008
Number of Days      : 91
Rate                : 7.53125                     Pool Factor:    0.281661
Denomination GBP    : 2,816.61

Amount Payable
per Denomination    : 52.74

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



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