70NK Res.mort.5'a's

RNS Number:5305C
Residential Mortgage Secs.No.5 PLC
14 December 1999


The issuer has advised that the following alteration should be made to the
Residential Mortgage Secs.No.5 PLC - FRN Variable Rate Fix announcement released
on 10 December 1999 at 16.07 under RNS No 5305C.  

The Amount Payable Per Denomination should have read 2,548.94 and not 2,547.25
as previously shown. 

The full corrected version is shown below.


-------------------------------------------------------------------------------

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
10-Dec-1999.

Issue:   Residential Mortgage Securities 5 PLC - Class B
         GB#5,200,000 Mortgage Backed FRN due 2037

ISIN NO: XS0095056015                    
Issue Nominal GBP:  5,200,000.00
Period:             10-Dec-1999   To   10-Mar-2000 Payment Date  10-Mar-2000
Number of Days:     91
Rate:               10.245                     
Denomination GBP:   100,000.00
Amount Payable
Per Denomination:   2,548.94

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

END
RC NFXALFSSNFFN

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