RNS Number:1077T
Non Conforming Mortgages 1 PLC
15 March 2002


To:  Company Announcements Office:

As Agent Bank please be advised of the following rate determined on: 15-Mar-2002
 
Issue                    :   Non Conforming Mortgages 1 PLC - Class A
                         :   £56,400,000 Mortgage Backed FRN due 2037
ISIN Number              :   XS0096552392
Issue Nomin GBP          :   56,400,000.00
Period                   :   15-Mar-2002 to 15-Apr-2002 Payment Date 15-Apr-2002
Number of Days           :   31
Rate                     :   4.47625         Pool Factor:  0.1735
Denomination GB          :   1,735.00 
Amount Payable           :   6.60
per Denomination

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




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