98LR Orig B Frn29s

RNS Number:9295D
Originated Mortgage Loans 1 PLC
18 November 2002


                               ***AMENDMENT***


As Agent Bank, please be advised of the following rate determined on: 
15-NOV-2002.

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-NOV-2002  To  16-DEC-2002    Payment Date  16-DEC-2002 
Number of Days    :   31
Rate              :  *4.85047*
Denomination GBP  :   11,000,000.00
Amount Payable
Per Denomination  :   45,315.35

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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