RNS Number:2673X
Non Conforming Mortgages 1 PLC
15 January 2001


As Agent Bank, please be advised of the following rate determined on:
15-Jan-2001

Issue              : Non Conforming Mortgages 1 PLC- Class M
                     #6,300,000 Mortgage backed FRN due 2037
ISIN Number        : XS0096557276
Issue Nominal GBP  : 6,300,000.00
Period             : 15-Jan-2001 to 15-Feb-2001    Payment Date  15-Feb-2001
Number of Days     : 31
Rate               : 7.2925
Denomination GBP   : 10,000.00         10,000.00
Amount Payable
per Denomination   : 61.94

From:


Steven Coutts                          Telephone     44(0) 1202 34 1286
Capital Markets Fiduciarty Services    Facsimilie    44 (0)1202 34 7438
Non C.m.1 A Frn (LSE:97NP)
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