Investor Reporting

First Flexible No.4 plc - July 2001

Issuer : First Flexible No.4 plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Closing Date : 26 July 2001
Originator : Mortgage Trust Limited, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Notes Issued : Class A Class M Class B
Original Rating (S&P/Fitch): AAA/AAA A/A BBB/BBB
Current Rating (S&P/Fitch): AAA/AAA AA/AAA A/AA-
Original Notes : £460,000,000 £35,000,000 £5,000,000
Note Denominations : £10,000 £10,000 £10,000
Initial Margins : 27bp 85bp 180bp
Step Up Dates : July 2008 July 2008 July 2008
Step Up Margins : 54bp 170bp 280bp
Optional Redemption Dates : July 2008 July 2008 July 2008
Determination Dates : 8 business days prior to each Interest Payment Date
Monthly Interest Payment Dates: First business day of the month
Lead Manager : Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Servicer : Mortgage Trust Services plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
Trustee : Bank of New York, 40thFloor, One Canada Square, London E14 5AL
Rating Agencies : Fitch Ratings Limited, 30 North Colonnade, London, E14 5GN
Standard & Poors, 20 Canada Square, Canary Wharf, London, E14 5LH
Principal Paying / Reference Agent : Bank of New York, 40thFloor, One Canada Square, London E14 5AL
Legal Advisors to the Issuer/Servicer : Lovells, 65 Holburn Viaduct, London, EC1A 2DY
Legal Advisors to the Lead Manager and Trustee : Weil, Gotshal & Manges, One South Place, London, EC2M 2WG
Auditors to the Issuer : KPMG Audit Plc, 1 The Embankment, Neville Street, Leeds, LS1 4DW
Underlying Assets : First Charged Residential Owner Occupied Mortgages and First Charged Residential Investment Home Loan Mortgages
Start Up Loan Provider : Mortgage Trust Services plc, 51 Homer Road, Solihull, West Midlands, B91 3QJ
SWAP Counterparty : Morgan Guaranty Trust Company of New York, 60 Victoria Embankment, London, EC4Y 0JP
Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
The Royal Bank of Scotland PLC, 135 Bishopsgate, London, EC2M 3UR
Redraw Facility Provider : Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB (Facility cancelled on 3 March 2014)
GIC Provider : Barclays Bank PLC, 5 The North Colonnade, Canary Wharf, London, E14 4BB
Substitution Period : July 2001 to July 2004