95PB Mortgage 1 A

RNS Number:7552K
Mortgages No 1 PLC
17 May 2000


To:   Company Announcements Office

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

Issue                 :Mortgages No. 1 plc - Class A
                       #154,000,000 Mortgage Backed FRN due April 2033
ISIN NO               :XS0111091368                        
Issue Nominal GBP     :154,000,000.00
Period                :16-May-2000 to 12-Jul-2000     Payment Date 12-Jul-2000 
Number of Days        :57
Rate                  :6.67186
Denomination GBP      :10,000.00      100,000.00
Amount Payable
Per Denomination      :103.91         1,039.06

From:

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

END


RC EASSXFESEEFE

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