RMAC 2001 NSP2 PLC

As Agent Bank, please be advised of the following rate determined on: 13-Sep-2004

Issue               : RMAC 2001 NSP2 PLC - Class C Notes
                      GBP 7,800,000 Mortgage Backed FRN due 12 Dec 2033
ISIN Number         : XS0135902481
Common Code/
144A ISIN           : 13590248
Issue Nomin     GBP : 7,600,000.00
Period              : 13-Sep-2004 to 13-Dec-2004     Payment Date 13-Dec-2004
Number of Days      : 91
Rate                : 8.45                 Pool Factor: 0.023175
Denomination    GB  : 176,133.54
Amount Payable 
per Denomination    : 3,700.49

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

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