Preferred Residential Securities 7 Plc



As Agent Bank, please be advised of the following rate determined on: 15-Mar-2007

Issue               : Preferred Residential Securities 7 plc - Class D
                      GBP 6,000,000.00 Mortgage Backed FRN Due 15 Dec 2041
ISIN Number         : XS0183102879
Common Code/        : 18310287
144A ISIN
Issue Nomin     GBP : 6,000,000.00
Period              : 15-Mar-2007 to 15-Jun-2007          Payment Date 15-Jun-2007
Number of Days      : 92
Rate                : 8.02875                     Pool Factor:    0.558565
Denomination GBP    : 5,585.65

Amount Payable
per Denomination    : 113.04

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 8226
Institutional Trust Services  Facsimille          44 (0) 1202 34 7939



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