BW20030612002250  20030613T061840Z UTC


( BW)(RMAC-2002-NS1-PLC)(AK51) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--June 13, 2003--

As Agent Bank, please be advised of the following rate determined on: 12-Jun-2003

Issue               : RMAC 2002 NS1 plc - Class C 
                      GBP 3,800,000 Mortgage backed FRN due June 2034
ISIN Number         : XS0143668142
Issue Nomin GBP     : 3,800,000.00   
Period              : 12-Jun-2003 to 12-Sep-2003       Payment Date 12-Sep-2003
Number of Days      : 92
Rate                : 7.15266                    Pool Factor:  0.72698071
Denomination GB     : 2,762,526.68

Amount Payable      : 49,804.55
per Denomination    

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438

   Short Name: RMAC 2002 NS1 PLC
   Category Code: RC
   Sequence Number: 00005884
   Time of Receipt (offset from UTC): 20030613T032358+0100

    --30--SDG/ny

    CONTACT: RMAC 2002 NS1 PLC
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: RMAC 2002 NS1 PLC

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