RNS Number:5080A
Maple Mortgage Securities No.1
29 August 2002


LETTER DATED 22 AUGUST 2002


#93 MILLION CLASS A2 NOTES
MULTI-CLASS MORTGAGE BACKED FLOATING RATE NOTES DUE 2030

Please accept this letter as confirmation that, with respect to the above, there
will be a principal repayment of #2,267.00 per #100,000 A2 Note, pursuant to
Clause (5b) of the Notes, on the interest payment date of 30 August 2002.

The principal amount outstanding at the latter date will be #26,851.00 per Note. 

Please note that Sun Bank plc acts as Administrator for the above mortgage pool. 




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