RNS Number:5554P
Maple Mortgage Securities No.1
01 August 2005

  Class A2 Mortgage Backed Floating Notes due 2030 (Common Code 5484316 - ISIN
                             Number XS0054843163)

 Class B Mortgage Back Floating Rate Notes due 2030 (Common Code 5484332 - ISIN
                             Number XS0054843320)

                                (the "Notes")


                  issued by Maple Mortgage Securities No. 1 plc

                                (the "Issuer")

The Issuer hereby gives notice that, pursuant to Condition 5(d) of the Notes, it
intends to redeem the Notes in full on the Interest Payment Date falling in
August 2005 ( August 31 2005 ) at their Principal Amount Outstanding together
with interest accrued to the date of redemption.

This Notice is given by Maple Mortgage Securities No. 1 plc


01 August 2005


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            The company news service from the London Stock Exchange

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