BR47 Bingh Sukuk.27

RNS Number:7091V
Maple Mortgage Securities No.1
23 February 2004


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 #2,289.00 per #100,000 A2 Note, pursuant to
Clause (5b) of the Notes, on the interest payment date of 27 February 2004.

The principal amount outstanding at the latter date will be #12,653.00 per Note.

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


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