BR47 Bingh Sukuk.27

RNS Number:9948Y
Maple Mortgage Securities No.1
24 May 2004



TO:  RNS
DATED; 21 MAY 2004


MAPLE MORTGAGE SECURITIES NO 1 PLC
#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 #1463.00 per #100,000 A2 Note, pursuant to
Clause (5b) of the Notes, on the interest payment date of 28 May 2004.

The principal amount outstanding at the latter date will be #11,190.00 per Note.

Please note that The Mortgage Works (UK) plc acts as Administrator for the above
mortgage pool.



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