Transfer of Securities to the PSM

    Company: Residential Mortgage Securities 16 plc

Headline: Transfer of Securities to the PSM

Notice is given that on or about 31 October 2008, the outstanding notes issued
by Residential Mortgage Securities 16 plc listed below will be transferred from 
the regulated market of the London Stock Exchange to the Professional Securities 
Market of the London Stock Exchange:

£320,000,000 ClassA1R Mortgage Backed Floating Rate Notes due 2026 (ISIN:
XS0175733145)

£230,000,000 ClassA2a Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175735439)

Euro108,500,000 ClassA2c Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175737724)

USD65,000,000 Class M1b Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175738532)

Euro11,000,000 Class M1c Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175738706)

£17,500,000 Class M2a Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175739001)

USD5,000,000 Class M2b Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175740512)

Euro12,750,000 Class M2c Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175740785)

£10,000,000 Class B1a Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175740868)

Euro11,500,000 Class B1c Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175741080)

£30,300,000 Class C Mortgage Backed Floating Rate Notes due 2036 (ISIN:
XS0175741247)

37,650 Mortgage Early Redemption Certificates due 2036 (ISIN: XS0175741593).

Any queries should be directed to [e-mail].

Yours faithfully,

Residential Mortgage Securities 16 plc



END