98LR Orig B Frn29s

RNS Number:2199G
Originated Mortgage Loans 1 PLC
15 January 2003


As Agent Bank, please be advised of the following rate determined on: 
15-JAN-2003.

Issue             :  ORIGINATED MORTGAGE LOANS 1 PLC CLASS M2
                     #11,000,000 MORTGAGE BACKED FRN DUE 2029
ISIN Number       :  XS0088533632
Issue Nominal GBP :  11,000,000.00
Period            :  15-JAN-2003  To  17-FEB-2003    Payment Date  17-FEB-2003 
Number of Days    :  33
Rate              :  4.92258               
Denomination GBP  :  11,000,000.00
Amount Payable
Per Denomination  :  48,956.07

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



                      This information is provided by RNS
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