RNS Number:5020P
Non Conforming Mortgages 1 PLC
15 August 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
15-AUG-2000.

Issue:             NON CONFORMING MORTGAGES 1 PLC - CLASS A
                   #56,400,000 MORTGAGE BACKED FRN DUE 2037
ISIN NO:           XS0096552392
Issue Nominal GBP: 56,400,000.00
Period:            15-AUG-2000  To  15-SEP-2000  Payment Date: 15-SEP-2000
Number of Days:    31
Rate:              6.45781      POOL FACTOR: 0.5892                      
Denomination GBP:  5,892.00
Amount Payable
Per Denomination:  32.23

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939


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