RAMS Mortgage Securities


As Agent Bank, please be advised of the following rate determined on:19-Apr-2007

Issue               : RAMS Mortgage Securities Pty Limited - Class 1- A - Reg S
                      EUR 750,000,000 Mortgage Backed FRN Due 21 Jul 2035
ISIN Number         : XS0191114155
Common Code/        : 19111415
144A ISIN
Issue Nomin     EUR : 750,000,000.00
Period              : 23-Apr-2007 to 23-Jul-2007       Payment Date 23-Jul-2007
Number of Days      : 91
Rate                : 4.195                      Pool Factor:    0.506689
Denomination     EU : 253,344.51

Amount Payable      : 2,686.47
per Denomination


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



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