RNS Number:9147E
Residential Mortgage Secs No.5 PLC
10 December 2002


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

Issue             :   RESIDENTIAL MORTGAGE SECURITIES 5 PLC - CLASS B
                      GB#5,200,000 MORTGAGE BACKED FRN DUE 2037
ISIN Number       :   XS0095056015
Issue Nominal GBP :   5,200,000.00
Period            :   10-DEC-2002  To  10-MAR-2003    Payment Date  10-MAR-2003 
Number of Days    :   90
Rate              :   8.25695
Denomination GBP  :   100,000.00
Amount Payable
Per Denomination  :   2,035.96

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



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RC URAVRUORUAAA
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