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RNS Number:2272E
Maple Mortgage Securities No.1
25 November 2002

MAPLE MORTGAGE SECURITIES NO 1 PLC
#93 MILLION CLASS A2 NOTES
MULTI-CLASS MORTGAGE BACKED FLOATING RATE NOTES DUE 2030

Please accept this letter as confirmation that, with respect to the above, there
will be a principal repayment of #2,339.00 per #100,000 A2 Note, pursuant to
Clause (5b) of the Notes, on the interest payment date of 29 November 2002.

The principal amount outstanding at the latter date will be #24,512.00 per Note.


Please note that Sun Bank acts as Administrator for the above mortgage pool.


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END

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