95PB Mortgage 1 'a'

RNS Number:7081S
Mortgages No 1 PLC
18 October 2000


AMENDMENT

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the 
12-Oct-2000.

Issue:            Mortgages No 1 plc - Class A detachable coupons
                  #154,000,000 Mortgage Backed FRN due April 2033
ISIN NO:          XS0111094442               
Issue NominalGBP: 154,000,000.00
Period:           12-Oct-2000    To   12-Jan-2001     Payment Date: 12-Jan-2001
Number of Days:   92
Rate:             0.50289692341          Pool Factor: 0.8095             
DenominationGBP:  8,095.00
Amount Payable
Per Denomination: 40.71

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

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