RNS Number:8764H
Maple Mortgage Securities No.1
24 February 2003

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 #2,422.00 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 #22,090.00 per Note.




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