FRN Variable Rate Fix

RNS Number:0111B
Residential Mortgage Secs No.5 PLC
10 September 2002


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

Issue             :  Residential Mortgage Securities 5 PLC - Class A
                     GB#132,800,000 Mortgage Backed FRN due 2037
ISIN Number       :  XS0095050166
Issue Nominal GBP :  132,800,000.00
Period            :  10-Sep-2002  To  10-Dec-2002    Payment Date  10-Dec-2002 
Number of Days    :  91
Rate              :  4.30625             Pool Factor: 0.109365
Denomination GBP  :  10,936.50
Amount Payable
Per Denomination  :  117.42

From:
Institutional    Telephone [phone]
Trust Services   Facsimile 44 (0) 1202 34 7438



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

Issue             :  Residential Mortgage Securities 5 PLC - Class B
                     GB#5,200,000 Mortgage Backed FRN due 2037
ISIN Number       :  XS0095056015
Issue Nominal GBP :  5,200,000.00
Period            :  10-Sep-2002  To  10-Dec-2002    Payment Date  10-Dec-2002 
Number of Days    :  91
Rate              :  8.26625 
Denomination GBP  :  100,000.00
Amount Payable
Per Denomination  :  2,060.90

From:
Institutional    Telephone [phone]
Trust Services   Facsimile 44 (0) 1202 34 7438



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

Issue             :  Residential Mortgage Securities 5 PLC - Class M
                     GB#12,000,000 Mortgage Backed FRN due 2037
ISIN Number       :  XS0095056288
Issue Nominal GBP :  12,000,000.00
Period            :  10-Sep-2002  To  10-Dec-2002    Payment Date  10-Dec-2002 
Number of Days    :  91
Rate              :  4.86625 
Denomination GBP  :  100,000.00
Amount Payable
Per Denomination  :  1,213.23

From:
Institutional    Telephone [phone]
Trust Services   Facsimile 44 (0) 1202 34 7438



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

Issue             :  Residential Mortgage Securities 5 PLC - Class A
                     Detachable Coupons due 2037
ISIN Number       :  XS0095069422
Issue Nominal GBP :  132,800,000.00
Period            :  10-Sep-2002  To  10-Dec-2002    Payment Date  10-Dec-2002 
Number of Days    :  91
Rate              :  0.62329            Pool Factor: 0.109365
Denomination GBP  :  10,936.50
Amount Payable
Per Denomination  :  68.17

From:
Institutional    Telephone [phone]
Trust Services   Facsimile 44 (0) 1202 34 7438


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