RAMS Mortgage Securities


As Agent Bank, please be advised of the following rate determined on:19-Jul-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/        : 19111415144A ISIN
Issue Nomin     EUR : 750,000,000.00
Period              : 23-Jul-2007 to 22-Oct-2007       Payment Date 22-Oct-2007
Number of Days      : 91
Rate                : 4.436                            Pool Factor:    0.460621
Denomination     EU : 230,310.50
Amount Payable      : 2,582.52
per Denomination

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



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