RMAC 2001 NSP2 PLC

As Agent Bank, please be advised of the following rate determined on: 14-Mar-2005

Issue               : RMAC 2001 NSP2 PLC - Class A4 notes
                      GBP 82,500,000 Mortgage Backed FRN due 12 Dec 2033
ISIN Number         : XS0135902061
Common Code/
144A ISIN           : 13590206
Issue Nomin     GBP : 82,500,000.00
Period              : 14-Mar-2005 to 13-Jun-2005     Payment Date 13-Jun-2005
Number of Days      : 91
Rate                : 5.33
Denomination    GB  : 82,500,000.00
Amount Payable 
per Denomination    : 1,096,300.68

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 1267

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