RNS Number:5586I
Non Conforming Mortgages 1 PLC
15 August 2001

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

Issue              : Non Conforming Mortgages 1 PLC - Class A
                     #56,400,000 Mortgage Backed FRN due 2037
ISIN Number        : XS0096552392
Issue Nominal GBP  : 56,400,000.00
Period             : 15-Aug-2001 to 17-Sep-2001     Payment Date 17-Sep-2001
Number of Days     : 33
Rate               : 15.33094       Pool Factor:    0.2894
Denomination GBP   : 2,894.00
Amount Payable
per Denomination   : 13.95


Issue              : Non Conforming Mortgages 1 PLC - Class B
                     #3,300,000 Mortgage Backed FRN due 2037
ISIN Number        : XS0096558241
Issue Nominal GBP  : 3,300,000.00
Period             : 15-Aug-2001 to 17-Sep-2001     Payment Date 17-Sep-2001
Number of Days     : 33
Rate               : 7.68094     
Denomination GBP   : 10,000.00       10,000.00
Amount Payable
per Denomination   : 69.44

Alison Clayton                            Telephone 44(0) 1202 34 1286
Institutional Trust Services              Facsimile 44(0) 1202 34 7438



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