PREFERRED RESIDENTIAL SECURITIES 7 PLC




As Agent Bank, please be advised of the following rate determined on: 17-Sep-2007

Issue               : Preferred Residential Securities 7 Plc - Class C
                      GBP 37,500,000.00 Mortgage Backed FRN Due 15 Dec 2041
ISIN Number         : XS0183102283
Common Code/        : 18310228
144A ISIN
Issue Nomin     GBP : 37,500,000.00
Period              : 17-Sep-2007 to 17-Dec-2007          Payment Date 17-Dec-2007
Number of Days      : 91
Rate                : 10.25125                              Pool Factor:    0.350274
Denomination GBP    : 3,502.74

Amount Payable
per Denomination    : 89.52

Bank of New York
Rate Fix Desk                           Telephone  44 1202 689580
Institutional Trust Services            Facsimille 44 1202 689601
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