NOTICE TO
NOTEHOLDERS
MORTGAGES NO 7 PLC
6th Floor, 65 Gresham Street
London EC2V 7NQ
(the Issuer)
29 March
2018
To the Noteholders
of:
£232,500,000 Class A1 Mortgage
Backed Floating Rate Notes due 2028 (ISIN:
XS0225921732)
£438,000,000 Class A2 Mortgage
Backed Floating Rate Notes due 2038 (ISIN:
XS0225922110)
£36,350,000 Class B Mortgage
Backed Floating Rate Notes due 2038 (ISIN:
XS0225922383)
£24,400,000 Class
C Mortgage Backed Floating Rate Notes due 2038 (ISIN:
XS0225922466)
£11,250,000 Class D Mortgage
Backed Floating Rate Notes due 2038 (ISIN:
XS0225922623)
£7,500,000 Class E Mortgage Backed
Floating Rate Notes due 2038 (ISIN: XS0225922896)
£7,500,000 Class F
Mortgage Backed Floating Rate Notes due 2038 (ISIN:
XS0225923191)
(together, the
Notes)
NOTICE IS HEREBY GIVEN THAT, in accordance with Condition
5(e)(ii) of the Terms and Conditions of the Notes, the Issuer will,
on 30 April 2018, redeem all of the
Notes in full at their respective Principal Amount Outstanding.This
notice is irrevocable.
The Issuer has requested the UK Listing Authority to cancel the
listing of the Notes on the Official List maintained by the UK
Listing Authority with effect on 30 April
2018 and also notified the London Stock Exchange plc that it
wishes to cancel the admission to trading on the London Stock
Exchange of the Notes with effect on 30
April 2018 following the full and final redemption of the
Notes by the Issuer on such date.
The terms defined in the master definitions schedule dated
8 August 2005 (as amended, restated,
as supplemented, replaced or novated (in whole or in part) from
time to time) and signed for the purposes of identification by,
amongst others, the Issuer and U.S. Bank Trustees Limited as
Trustee shall, unless otherwise defined herein or the context
requires otherwise, have the same meaning in this letter.
MORTGAGES NO 7 PLC