RNS Number:9765R
Maple Mortgage Securities No.1
25 February 2002


Letter to Company Announcements Office
Dated 21 February 2002

MAPLE MORTGAGE SECURITIES NO 1 PLC
£93 MILLION CLASS A2 NOTES
MULTI-CLASS MORTGAGE BACKED FLOATING RATE NOTES DUE 2030

Please accept this letter as confirmation that, with respect to the above, there
will be a principal repayment of £4,518.00 per £100,000 A2 Note, pursuant to 
Clause (5b) of the Notes, on the interest payment date of 28 February 2002.

The principal amount outstanding at the latter date will be £31,999.00 per Note.

Please note that Sun Bank plc acts as Administrator for the above mortgage pool.


Letter from Sun Bank plc

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