RNS Number:1946F
Originated Mortgage Loans 7 PLC
16 December 2002


As Agent Bank, please be advised of the following rate determined on: 
16-DEC-2002.

Issue             :  ORIGINATED MORTGAGE LOANS 7 PLC - CLASS A DETACHABLE
                     #220,000,000 MORTGAGE BACKED FRN DUE 15/11/32
ISIN Number       :  XS0120526180
Issue Nominal GBP :  220,000,000.00
Period            :  16-DEC-2002  To  15-JAN-2003    Payment Date  15-JAN-2003 
Number of Days    :  30
Rate              :  0.1808219178          Pool Factor:  0.32988984
Denomination GBP  :  72,575,764.74          10,000.00
Amount Payable
Per Denomination  :  131,232.89

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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