RNS No 0154r
RESIDENTIAL MORTGAGE SECURITIES NO 2 PLC
16th June 1998

TO COMPANY ANNOUNCEMENTS OFFICE

RE. RMS 2 PLC GBP2,480,000 MORTGAGE BACKED CLASS
B FRN DUE 2037
ISIN  XS0076801470

INTEREST PERIOD. 15JUN98-15SEP98
INTEREST RATE SET.  10.6875 PER CENT
INTEREST PAYABLE PER DENOMINATION OF CBP10,000 IS
269.38

INTEREST PAYABLE DATE. 15SEP98

JAMES SHILLINGFORD
CORPORATE TRUST SERVICES
TEL. 171 982 2387 / 5903
BANKERS TRUST COMPANY LONDON

END

RC ANORKWUKNAUR
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