98LR Orig B Frn29s

RNS Number:2482G
Originated Mortgage Loans 1 PLC
16 January 2003

*********************************AMENDED****************************************

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

Issue             :     Originated Mortgage Loans 1 Plc Class M1
                        #20,000,000 Mortgage Backed FRN Due 2029
ISIN Number       :     XS0088533475
Issue Nominal GBP :     20,000,000.00
Period            :  15-Jan-2003  To  *18-Feb-2003    Payment Date  18-Feb-2003
Number of Days    :     *34*
Rate              :     4.47258           Pool Factor:   0.518244
Denomination GB   :     10,364,870.53
Amount Payable          *43,182.53*
Per Denomination  :  

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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