RMAC 2001 NSP2 PLC

As Agent Bank, please be advised of the following rate determined on:
12-Mar-2004

Issue               : RMAC 2001 NSP2 PLC - Class A4 Notes
                      GBP 82,500,000 Mortgage Backed FRN due 12 Dec 2033
ISIN Number    : XS0135902061
Issue Nomin     GBP : 82,500,000.00
Period              : 12-Mar-2003 to 14-Jun-2004      Payment Date 14-Jun-2004
Number of Days      : 94
Rate                : 4.61125
Denomination    GB  : 82,500,000.00

Amount Payable 
per Denomination    : 977,055.84

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438

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