RMAC 2001 NSP2 PLC

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

Issue               : RMAC 2001 NSP2 PLC - Class C Notes
                      GBP 7,600,000 Mortgage Backed FRN due 12 Dec 2033
ISIN Number         : XS0135902491
Common Code/        : 13590249
144A ISIN           
Issue Nomin     GBP : 7,600,000.00
Period              : 13-Dec-2004 to 14-Mar-2005     Payment Date 14-Mar-2005
Number of Days      : 91
Rate                : 8.36
Denomination     GB :

Amount Payable      : 1,532.75
per Denomination    

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

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