70NK Res.mort.5'a's

RNS Number:4738C
Residential Mortgage Secs.No.5 PLC
14 December 1999

**AMENDMENT**


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
10/12/99.

Issue:  Residential Mortgage Securities 5 PLC - Class M
        GB#12,000,000 Mortgage Backed FRN due 2037

ISIN NO:    XS0095056288     
Issue NominalGBP: 12,000,000.00
Period:             10/12/99    To    10/03/2000  Payment Date  10/03/2000
Number of Days:     91
Rate:               6.845                     PCT
DenominationGBP:  100,000.00
Amount Payable
Per Denomination:   1,703.03

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

END
RC GBGGCPBGBGUC

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