Document:

Exhibit 10.5.1

                            Dated 22 September 2004
                            -----------------------

                          GRANITE MORTGAGES 01-1 PLC

                          GRANITE MORTGAGES 01-2 PLC

                          GRANITE MORTGAGES 02-1 PLC

                          GRANITE MORTGAGES 02-2 PLC

                          GRANITE MORTGAGES 03-1 PLC

                          GRANITE MORTGAGES 03-2 PLC

                          GRANITE MORTGAGES 03-3 PLC

                          GRANITE MORTGAGES 04-1 PLC

                          GRANITE MORTGAGES 04-2 PLC

                               NORTHERN ROCK PLC

                       GRANITE FINANCE TRUSTEES LIMITED

                        GRANITE FINANCE FUNDING LIMITED

                                    - and -

                                    OTHERS

           -------------------------------------------------------
                          MASTER DEFINITIONS SCHEDULE
                             NINTH AMENDMENT DEED
           -------------------------------------------------------

                          SIDLEY AUSTIN BROWN & WOOD
                               WOOLGATE EXCHANGE
                             25 BASINGHALL STREET
                                LONDON EC2V 5HA
                            TELEPHONE 020 7360 3600
                            FACSIMILE 020 7626 7937
                            ref:30507-30030/672217

<PAGE>

THIS MASTER DEFINITIONS SCHEDULE NINTH AMENDMENT DEED is made on 22 September
2004

BETWEEN:

(1)   Granite Mortgages 01-1 PLC (registered number 4129652), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "First Issuer");

(2)   Granite Mortgages 01-2 PLC (registered number 4270015), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Second Issuer");

(3)   Granite Mortgages 02-1 PLC (registered number 4340767), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Third Issuer");

(4)   Granite Mortgages 02-2 PLC (registered number 4482804), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Fourth Issuer");

(5)   Granite Mortgages 03-1 PLC (registered number 4598035), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Fifth Issuer");

(6)   Granite Mortgages 03-2 PLC (registered number 4684567), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Sixth Issuer");

(7)   Granite Mortgages 03-3 PLC (registered number 4823268), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Seventh Issuer");

(8)   Granite Mortgages 04-1 PLC (registered number 4959572), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Eighth Issuer");

(9)   Granite Mortgages 04-2 PLC (registered number 5057377), a public limited
      company incorporated under the laws of England and Wales, whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX
      (the "Ninth Issuer");

(10)  Northern Rock PLC, a public limited company incorporated under the laws
      of England and Wales, whose registered office is at Northern Rock House,
      Gosforth, Newcastle upon Tyne NE3 4PL in its capacity as (1) Seller; (2)
      Cash Manager; (3) Start-up Loan Provider; (4) Administrator; (5) Account
      Bank; (6) Funding GIC Provider; (7) Mortgages Trustee GIC Provider; (8)
      Basis Rate Swap Provider in relation to the Previous Issuers; and (8)
      Issuer Cash Manager in relation to the Previous Issuers;

(11)  Granite Finance Funding Limited (registered number 79308), a private
      limited company incorporated under the laws of Jersey, Channel Islands,
      acting through its branch at 69 Park Lane, Croydon CR9 1TQ as Funding;

                                      1
<PAGE>

(12)   Granite Finance Trustees Limited (registered number 79309), a private
      limited company incorporated under the laws of Jersey whose registered
      office is at 22 Grenville Street, St. Helier, Jersey JE4 8PX, Channel
      Islands as the Mortgages Trustee;

(13)  Lloyds TSB Bank PLC (registered number 2065), a public limited company
      incorporated under the laws of England and Wales whose registered office
      is at 25 Gresham Street, London EC2V 7HN, in its capacity as (1) Account
      Bank; (2) a Collection Bank; (3) Funding GIC Provider, (4) Stand-by
      Funding GIC Provider and (5) Stand-by Account Bank;

(14)  Lloyds TSB Bank PLC, Jersey International Branch, acting through its
      office at 4 Bond Street, St. Helier, Jersey JE4 8ZE, Channel Islands as
      Jersey Account Bank;

(15)  The Bank of New York, a New York banking corporation whose London branch
      address is at One Canada Square, 48th Floor, London E14 5AL in its
      capacity as (1) Security Trustee and (2) Note Trustee in relation to the
      Previous Issuers;

(16)  Mourant & Co. Capital (SPV) Limited, a private limited company
      incorporated under the laws of England and Wales whose registered office
      is 69 Park Lane, Croydon CR9 1TQ, as Corporate Services Provider for
      Funding;

(17)  Mourant & Co. Limited, a company incorporated under the laws of Jersey,
      registered number 36615, whose registered office is at 22 Grenville
      Street, St. Helier, Jersey JE4 8PX, Channel Islands, as Corporate
      Services Provider for the Mortgages Trustee;

(18)  Citibank, N.A., acting through its offices at 5 Carmelite Street, London
      EC4Y 0PA, in its capacity as (1) an agent bank; (2) a principal paying
      agent; (3) a registrar; (4) a transfer agent; (5) Issuer Account Bank in
      relation to the Previous Issuers; acting through its offices at
      Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB as Euro
      Currency Swap Provider in relation to the Euro Notes issued by the Fifth
      Issuer, the Seventh Issuer and the Eighth Issuer; and acting through its
      office at 111 Wall Street, 14th Floor, New York, New York 10005, U.S.A.,
      as (1) a U.S. paying agent in relation to the Previous Issuers, and (2)
      a note depository in relation to the First Issuer;

(19)  Banque AIG, London Branch, whose registered branch office is 5th Floor,
      One Curzon Street, London W1J 5RT as Currency Swap Provider in relation
      to the Notes issued by the First Issuer and the Dollar Currency Swap
      Provider in relation to the Dollar Notes issued by the Sixth Issuer and
      the Ninth Issuer and in relation to the Series 2 Class A1 Notes issued
      by the Eighth Issuer;

(20)  JPMorgan Chase Bank whose registered branch office is at 125 London
      Wall, London EC2Y 5AJ as Currency Swap Provider in relation to the Notes
      issued by the Second Issuer;

(21)  Credit Suisse First Boston International, whose registered branch office
      is at One Cabot Square, London E14 4QJ, as Currency Swap Provider in
      relation to the Notes issued by the Third Issuer;

                                      2
<PAGE>

(22)  CDC IXIS Capital Markets, a company incorporated in France and
      registered in the Trade and Companies Register under number Paris B 340
      706 407 acting through its branch at Cannon Bridge, 25 Dowgate Hill,
      London EC4R 2GN, as Currency Swap Provider in relation to the Notes
      issued by the Fourth Issuer and Interest Rate Swap Provider in relation
      to the Series 3 Class A Notes issued by the Sixth Issuer;

(23)  ABN Amro Bank N.V., acting through its office at 250 Bishopsgate, London
      EC2M 4AA as Euro Currency Swap Provider in relation to the Euro Notes
      issued by the Sixth Issuer and the Ninth Issuer;

(24)  Swiss Re Financial Products Corporation, a company whose registered
      branch office is at 55 East 52nd Street, New York, New York 10055, as
      Dollar Currency Swap Provider in relation to the Dollar Notes issued by
      the Seventh Issuer and in relation to the Series 1 Dollar Notes issued
      by the Eighth Issuer;

(25)  Law Debenture Corporate Services Limited (registered number 3388362) a
      private limited company incorporated under the laws of England and Wales
      whose registered office is at Fifth Floor, 100 Wood Street, London EC2V
      7EX as the Corporate Services Provider for the Previous Issuers;

(26)  The Law Debenture Intermediary Corporation p.l.c. (registered number
      1525148) whose registered office is at Fifth Floor, 100 Wood Street,
      London EC2V 7EX as Share Trustee;

(27)  GPCH Limited (registered number 4128437), a private limited company
      incorporated under the laws of England whose registered office is a
      Fifth Floor, 100 Wood Street, London EC2V 7EX as Post-Enforcement Call
      Option Holder for the Previous Issuers; and

(28)  Granite Finance Holdings Limited (registered number 4127787) whose
      registered office is at Fifth Floor, 100 Wood Street, London EC2V 7EX as
      Holdings;

WHEREAS:

(A)   On 26 March 2001, the Master Definitions Schedule was signed for the
      purposes of identification by Brown & Wood MNP and Clifford Chance
      Limited Liability Partnership and on 28 September 2001, 20 March 2002,
      23 September 2002, 27 January 2003, 21 May 2003, 24 September 2003, 26
      January 2004 and 26 May 2004 respectively, that Master Definitions
      Schedule was amended (the "Existing Master Definitions Schedule").

(B)   The parties to this Deed now wish to amend and restate the Existing
      Master Definitions Schedule pursuant to the provisions set out in this
      Deed thereby amending and restating the Source Documents (as defined
      below) to which they are a party.

(C)   The parties to this Deed are party to various documents (each a "Source
      Document") to which all or part of the Existing Master Definitions
      Schedule applies or which incorporates by reference all or part of the
      Existing Master Definitions Schedule.

                                      3
<PAGE>

NOW IT IS HEREBY AGREED as follows:

1.    INTERPRETATION

1.1.  The Existing Master Definitions Schedule as amended and restated
      pursuant hereto shall be referred to herein as the "Ninth Amended and
      Restated Master Definitions Schedule".

1.2.  The provisions of the Ninth Amended and Restated Master Definitions
      Schedule are expressly and specifically incorporated into and shall
      apply to this Deed.

1.3.  As used in the Existing Master Definitions Schedule as amended and
      restated by this Deed, the terms "Master Definitions Schedule",
      "herein", "hereto" and other words of similar import shall mean or refer
      to the Ninth Amended and Restated Master Definitions Schedule, unless
      the context otherwise specifically requires.

2.    AMENDMENTS TO THE EXISTING MASTER DEFINITIONS SCHEDULE AND THE SOURCE
      DOCUMENTS

      Each of the parties to this Amendment and Restatement Deed agree that,
      with effect from (and including) the date of this Deed:

      (a)   the Existing Master Definitions Schedule is amended and restated
            in the form of Appendix 1 hereto.

      (b)   each Source Document to which it is a party shall be amended so
            that each reference in each Source Document to the Master
            Definitions Schedule shall be a reference to the Ninth Amended and
            Restated Master Definitions Schedule.

3.    CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999

      No person shall have any right to enforce any provision of this Deed of
      Amendment and Restatement or any provision of the Ninth Amended and
      Restated Master Definitions Schedule under the Contract (Rights of Third
      Parties) Act 1999 but this shall not affect any right or remedy of a
      third party which exists or is available apart from that Act.

4.    COUNTERPARTS

      This Deed of Amendment and Restatement may be executed in any number of
      counterparts, and has the same effect as if the signatures and/or seals
      on the counterparts were on a single copy of this Deed of Amendment and
      Restatement.

5.    GOVERNING LAW

5.1.  This Deed of Amendment and Restatement is governed by, and shall be
      construed in accordance with, English law.

5.2.  Each of the parties hereto irrevocably agrees that the courts of England
      shall have jurisdiction to hear and determine any suit, action or
      proceeding, and to settle any

                                      4
<PAGE>

      disputes, which may arise out of or in connection with this Deed and,
      for such purposes, irrevocably submits to the jurisdiction of such
      courts.

                                      5
<PAGE>

                                EXECUTION PAGE

IN WITNESS WHEREOF this Ninth Amendment and Restatement Deed has been executed
as a deed and delivered by the parties hereto on the day and year first above
written.

The First Issuer

Executed by
GRANITE MORTGAGES 01-1 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Second Issuer

Executed by
GRANITE MORTGAGES 01-2 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

                                      6
<PAGE>

The Third Issuer

Executed by
GRANITE MORTGAGES 02-1 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Fourth Issuer

Executed by
GRANITE MORTGAGES 02-2 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Fifth Issuer

Executed by
GRANITE MORTGAGES 03-1 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

                                      7
<PAGE>

The Sixth Issuer

Executed by
GRANITE MORTGAGES 03-2 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Seventh Issuer

Executed by
GRANITE MORTGAGES 03-3 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Eighth Issuer

Executed by
GRANITE MORTGAGES 04-1 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

                                      8
<PAGE>

The Ninth Issuer

Executed by
GRANITE MORTGAGES 04-2 plc
as its deed as follows:               By_____________________________________
Signed for and on its behalf by one     for and on behalf of LDC Securitisation
of its directors and by another of      Director No.1 Limited
its directors/its secretary
                                      Name Clive Rakestrow
                                           ------------------------------------

                                      By_______________________________________
                                        for and on behalf of LDC Securitisation
                                        Director No.2 Limited

                                      Name Sharon Tyson
                                           ------------------------------------

The Seller, the Cash Manager, the Start-Up Loan Provider, an Account Bank, the
Funding GIC Provider, the Mortgages Trustee GIC Provider, the Administrator
and the Issuer Cash Manager and Basis Swap Provider in relation to the
Previous Issuers

Executed by
NORTHERN ROCK PLC                      By______________________________________
as its deed as follows:                  Duly Authorised Attorney/Signatory
Signed for and on its behalf by
one of its duly authorised             Name____________________________________
attorneys/signatories

Signature  ---------------------------
           Witness

Full name  ---------------------------
Occupation Solicitor
Address    c/o Sidley Austin Brown & Wood
           Woolgate Exchange
           25 Basinghall Street
           London EC2V 5HA

Funding

Executed by
GRANITE FINANCE FUNDING LIMITED
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by one of    Director
its directors and by another of its
directors/its secretary                 Name___________________________________

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

                                      9
<PAGE>

The Mortgages Trustee

Executed by
GRANITE FINANCE FUNDING LIMITED
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by one of    Director
its directors and by another of its
directors/its secretary                 Name___________________________________

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

An Account Bank, a Collection Bank, a Funding GIC Provider, the Standby
Funding GIC Provider and the Standby Account Bank

Executed by
lloyds tsb bank plc
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by one of    Duly Authorised Attorney/Signatory
its duly authorised attorneys/
signatories                             Name___________________________________

Signature  ---------------------------
           Witness

Full name  ---------------------------
Occupation Solicitor
Address    c/o Sidley Austin Brown & Wood
           Woolgate Exchange
           25 Basinghall Street
           London EC2V 5HA

                                      10

<PAGE>

The Jersey Account Bank

Executed by
LLOYDS TSB BANK PLC, JERSEY
INTERNATIONAL BRANCH                   By______________________________________
as its deed as follows:                  Duly Authorised Attorney/Signatory
Signed for and on its behalf by
one of its duly authorised             Name____________________________________
attorneys/signatories

Signature  ---------------------------
           Witness

Full name  ---------------------------
Occupation Solicitor
Address    c/o Sidley Austin Brown & Wood
           Woolgate Exchange
           25 Basinghall Street
           London EC2V 5HA

The Security Trustee and Note Trustee

Executed by
THE BANK OF NEW YORK
as its deed as follows:                By______________________________________
Signed for and on its behalf by          Duly Authorised Attorney/Signatory
one of its duly authorised
attorneys/signatories                  Name____________________________________

The Corporate Services Provider
for Funding

Executed by
MOURANT & CO. CAPITAL (SPV)
LIMITED
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by one of    Director
its directors and by another of its
directors/its secretary                 Name___________________________________

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

                                      11

The Corporate Services Provider for
the Mortgages Trustee

Executed by
MOURANT & CO. LIMITED
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by one of    Director
its directors and by another of its
directors/its secretary                 Name___________________________________

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

The agent bank, a principal paying agent, a registrar, a transfer agent, the
Issuer Account Bank in relation to the Previous Issuers and a note depository
in relation to the First Issuer

Executed by
CITIBANK, N.A.
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Attorney/Signatory
one of its duly
authorised attorneys/
signatories                             Name___________________________________

A US paying agent in relation to
the Previous Issuers

Executed by
CITIBANK, N.A.
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Attorney/Signatory
one of its duly
authorised attorneys/
signatories                             Name___________________________________

The Currency Swap Provider in relation to the Notes issued by the First Issuer
and Dollar Currency Swap Provider in relation to the Dollar Notes issued by
the Sixth Issuer and the Ninth Issuer and the Series 2 Class A1 Notes issued
by the Eighth Issuer

Executed by
BANQUE AIG, LONDON BRANCH
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Attorney/Signatory
one of its duly
authorised attorneys/
signatories                             Name___________________________________

                                      12
<PAGE>

The Currency Swap Provider in relation
to the Notes issued by the Second Issuer

Executed by
JPMORGAN CHASE BANK
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Attorney/Signatory
one of its duly
authorised attorneys/
signatories                             Name___________________________________

The Currency Swap Provider in relation
to the Notes issued by the Third Issuer

Executed by
CREDIT SUISSE FIRST BOSTON
INTERNATIONAL
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Director
one of its duly
authorised attorneys/
signatories                             Name___________________________________

                                        By_____________________________________
                                          Directory/Secretary

                                        Name___________________________________

                                      13
<PAGE>

The Currency Swap Provider in relation to the Notes issued by the Fourth
Issuer and the Euro Currency Swap Provider in relation to the Euro Notes
issued by the Sixth Issuer

Executed by
CDC IXIS CAPITAL MARKETS
as its deed as follows:
Signed for and on its behalf by one
of its duly authorised attorneys and
by another of its duly authorised
attorneys
                                        By_____________________________________
                                          Attorney

                                        Name___________________________________

Signature  --------------------------
           Witness
Full name  __________________________
Occupation __________________________
Address    __________________________
           __________________________
           __________________________

                                        By_____________________________________
                                          Attorney

                                        Name___________________________________

Signature  --------------------------
           Witness
Full name  __________________________
Occupation __________________________
Address    __________________________
           __________________________
           __________________________

The Interest Rate Swap Provider in relation to the Series 3 Class A Notes
issued by the Sixth Issuer and the Euro Currency Swap Provider in relation to
the Ninth Issuer

Executed by
ABN AMRO BANK N.V.
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Signatory
two of its duly
authorised attorneys                    Name___________________________________

                                        By_____________________________________
                                          Duly Authorised Signatory

                                        Name___________________________________

                                      14

The Dollar Currency Swap Provider in relation to the Dollar Notes issued by
the Seventh Issuer and in relation to the Series 1 Dollar Notes issued by the
Eighth Issuer

Executed by
SWISS RE FINANCIAL PRODUCTS
CORPORATION
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Signatory
two of its duly signatory
                                        Name___________________________________

The Euro Currency Swap Provider in relation to the Euro Notes issued by the
Fifth Issuer, the Seventh Issuer and the Eighth Issuer

Executed by
CITIBANK N.A., LONDON BRANCH
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Duly Authorised Signatory
one of its duly authorised attornies
                                        Name___________________________________

The Corporate Services Provider for
the Previous Issuers

Executed by
LAW DEBENTURE CORPORATE
SERVICES LIMITED
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Director
one of its directors and by
another of its directors/               Name___________________________________
its secretary

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

                                      15
<PAGE>

The Share Trustee

Executed by
THE LAW DEBENTURE INTERMEDIARY
CORPORATION P.L.C.
as its deed as follows:                 By_____________________________________
Signed for and on its behalf by           Director
one of its directors and by
another of its directors/               Name___________________________________
its secretary

                                        By_____________________________________
                                          Director/Secretary

                                        Name___________________________________

The Post-Enforcement Call Option
Holder for the Previous Issuers

Executed by
GPCH LIMITED
as its deed as follows:                By_____________________________________
Signed for and on its behalf by          for and on behalf of LDC Securitisation
one of its directors and by              Director No.1 Limited
another of its directors/
its secretary                          Name___________________________________

                                       By_____________________________________
                                         for and on behalf of LDC Securitisation
                                         Director No.2 Limited

                                       Name___________________________________

Holdings

Executed by
GRANITE FINANCE HOLDINGS LIMITED
as its deed as follows:                By_____________________________________
Signed for and on its behalf by          for and on behalf of LDC Securitisation
one of its directors and by              Director No.1 Limited
another of its directors/
its secretary                          Name___________________________________

                                       By_____________________________________
                                         for and on behalf of LDC Securitisation
                                         Director No.2 Limited

                                       Name___________________________________

                                      16
<PAGE>

                                  Appendix I
               Amended and Restated Master Definitions Schedule

                                      17

                       GRANITE FINANCE TRUSTEES LIMITED

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

                          NINTH AMENDED AND RESTATED
                          MASTER DEFINITIONS SCHEDULE

                            Dated 22 September 2004

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

                          SIDLEY AUSTIN BROWN & WOOD
                               WOOLGATE EXCHANGE
                             25 BASINGHALL STREET
                                LONDON EC2V 5HA
                            TELEPHONE 020 7360 3600
                            FACSIMILE 020 7626 7937
                                  REF: 672521

<PAGE>

            NINTH AMENDED AND RESTATED MASTER DEFINITIONS SCHEDULE

1.   Definitions

Words and expressions used in any document which incorporates this clause or
to which this clause applies shall have the same meanings as are set out in
this Master Definitions Schedule except so far as the context requires
otherwise.

"1925 Act" means the Law of Property Act 1925;

"ACA Issuer" Granite Mortgages 04-2 plc, Granite Mortgages 04-3 plc and any
new issuer designated as such;

"ACA Limit Amount" means, in respect of an ACA Issuer, an amount equal to the
greater of:

(A)  the product of:

     (i)  the product of (a) the Mortgages Trustee Principal Receipts for that
          Distribution Date, and (b) the Funding Share Percentage or, as
          applicable, the Weighted Average Funding Share Percentage applicable
          as at the later to occur of the immediately preceding Assignment
          Date, the immediately preceding Funding Contribution Date and the
          immediately preceding Distribution Date; and

     (ii) the quotient of (a) the Outstanding Principal Balance of such ACA
          Issuer's Intercompany Loan as at the immediately preceding Payment
          Date (after taking into account principal payments on such Payment
          Date) less the aggregate of amounts recorded on the Principal
          Deficiency Ledger of such ACA Issuer (but only to the extent of
          Losses on the Mortgage Loans allocated to such ACA Issuer and
          application of Funding Available Principal Receipts to fund the
          Liquidity Reserve Fund of such ACA Issuer), divided by (b) the
          aggregate Outstanding Principal Balance on all Intercompany Loans as
          at the immediately preceding Payment Date (after taking into account
          principal payments on such Payment Date) less the sum of (1) the
          aggregate Outstanding Principal Balance of all Special Repayment
          Notes and (2) the aggregate of amounts recorded on the Principal
          Deficiency Ledgers of all Issuers (but only to the extent of Losses
          on the Mortgage Loans allocated to an Issuer and application of
          Funding Available Principal Receipts to fund the Issuer Liquidity
          Reserve Fund of that Issuer); and

(B)  in respect of such ACA Issuer's Notes, the Controlled Amortisation Amount
     for each Class of Notes of such ACA Issuer as if an ACA Trigger Event had
     not occurred.

"ACA Trigger Event" means, in respect of any ACA Issuer, an event which occurs
when any Issuer fails to exercise its option to redeem its Notes on the
relevant Step-Up Date pursuant to the terms and conditions of its Notes;

"Accession Undertaking" means a Deed of Accession;

"Account Bank" means, in relation to the Mortgages Trustee or Funding, the
bank at which the Mortgages Trustee Bank Accounts or, in the case of Funding,
the Funding Bank Accounts are maintained from time to time, being:

                                      2
<PAGE>

(a)  in relation to the Mortgages Trustee Transaction Account, the Jersey
     Account Bank;

(b)  in relation to the Funding Transaction Account, the UK Account Bank;

(c)  in relation to the Mortgages Trustee GIC Account, Northern Rock;

(d)  in relation to the Funding GIC Account, Northern Rock; and

(e)  in relation to the Funding Issuer GIC Accounts:

     (i)  in respect of any Funding (Issuer) GIC Account established prior to
          26 May 2004, the UK Account Bank; and

     (ii) in respect of any Funding (Issuer) GIC Account established on or
          after 26 May 2004 (including, for the avoidance of doubt, the
          Funding (Issuer) GIC Account relating to Granite Mortgages 04-2 plc
          and Granite Mortgages 04-3 plc), Northern Rock,

or any other Authorised Entity Appointed by the Mortgages Trustee or Funding
in accordance with the Transaction Documents;

"Accrued Interest" means, in respect of any Mortgage Loan as at any date (the
"relevant date"), the aggregate of all interest accrued but not yet due and
payable on such Mortgage Loan from and including the Monthly Payment Date
immediately preceding the relevant date until (but excluding) the relevant
date;

"Administration Agreement" means the agreement entered into on or before the
Initial Closing Date, between the Administrator, the Mortgages Trustee,
Funding, the Seller and the Security Trustee pursuant to which the
administrator agrees to provide administration services to the Mortgages
Trustee and the Beneficiaries in relation to the Mortgage Loans and their
Related Security comprised in the Mortgage Portfolio as may be amended,
restated, novated, varied or supplemented from time to time and shall include
any additional and/or replacement administration agreement entered into by
such parties from time to time;

"Administration Fee" has the meaning given to it in Clause 13.1
(Administration Fee) of the Administration Agreement;

"Administration Fee Rate" means 0.08% per annum (inclusive of VAT) on the
amount of the Funding Share of the Trust Property as determined on that
Distribution Date in respect of the then current Trust Calculation Period, but
only to the extent that the Mortgages Trustee has sufficient funds available
to pay such amount in accordance with the Mortgages Trustee Revenue Priority
of Payments or, at any time when the Administrator is not Northern Rock, such
other amount as set between such substitute administrator and the Mortgages
Trustee from time to time;

"Administration Procedures" means the administration, arrears and enforcement
policies and procedures forming part of the Seller's Policy from time to time
or, at any time when the Administrator is not also the Seller, the policies
and procedures from time to time which would be adopted by a reasonable,
prudent mortgage lender and, in either case, shall include the services set
out in Schedule 1 to the Administration Agreement;

"Administrator" means Northern Rock or such other person as may from time to
time be appointed as administrator of the Mortgage Portfolio pursuant to the
Administration Agreement;

"Administrator Termination Event" means any of the events specified in Clause
19 (Termination) of the Administration Agreement;

                                      3
<PAGE>

"Alternative Insurance Requirements" means the Seller's standard document
entitled Alternative Insurance Requirements, and any other document containing
similar recommendations or requirements which is sent to Borrowers in
accordance with the Administration Procedures;

"Arrears of Interest" means as at any date and in relation to any Mortgage
Loan, interest (other than Capitalised Interest or Accrued Interest) on such
Mortgage Loan which is currently due and payable on such date;

"Arrears or Step-Up Trigger Event" means an event which occurs when (i) the
Outstanding Principal Balance of the Mortgage Loans in arrears for more than
90 days divided by the Outstanding Principal Balance of all of the Mortgage
Loans in the Mortgages Trust (expressed as a percentage) exceeds 2% or (ii) if
any Issuer fails to exercise its option to redeem its Notes on the relevant
Step-Up Date pursuant to the terms and conditions of its Notes;

"Asset Trigger Event" means the event that occurs when an amount is debited to
the Class A Principal Deficiency Sub Ledger established for any Issuer with
respect to the Class A Notes of that Issuer;

"Assignation of Guarantees" means an assignation to the Mortgages Trustee of
the Seller's right, title, benefit and interest in the Guarantees governed by
Scots law substantially in the form set out in Part 2 of Schedule 5 to the
Mortgage Sale Agreement;

"Assignment Date" means the date of assignment of any New Mortgage Portfolio
to the Mortgages Trustee in accordance with Clause 4 (Sale and Purchase of New
Mortgage Portfolios) of the Mortgage Sale Agreement;

"Assignment of Guarantees" means an assignment to the Mortgages Trustee of the
Seller's right, title, benefit and interest in the Guarantees governed by
English law substantially in the form set out in Part 1 of Schedule 5 to the
Mortgage Sale Agreement;

"Assignment of Insurance Contracts" means an assignment to the Mortgages
Trustee of the Seller's right, title, benefit and interest in the Insurance
Contracts substantially in the form set out in Schedule 3 (Assignment of
Insurance Contracts) to the Mortgage Sale Agreement;

"Auditors" or "auditors" means PricewaterhouseCoopers of 89 Sandyford Road,
Newcastle upon Tyne NE99 1PL or such other internationally recognised
independent firm of auditors selected from time to time by (in the case of the
Mortgages Trustee) the Mortgages Trustee or (in the case of Funding) Funding
or (in the case of any Issuer) the relevant Issuer and appointed by the
Mortgages Trustee, Funding or, as the case may be, the relevant Issuer;

"Authorised Entity" means (a) any entity the short term and secured,
unsubordinated, and unguaranteed debt of which is rated at least A-1+ by S&P,
P-1 by Moody's and F1+ by Fitch or (b) any other entity approved in writing by
the Security Trustee and the Rating Agencies, in each case being an
institution authorised to carry on banking business (including accepting
deposits) under the Financial Services and Markets Act 2000;

"Authorised Institution" means an institution authorised to take deposits
under the Financial Services and Markets Act 2000;

"Authorised Investments" means:

(a)  sterling gilt-edged securities; and

                                      4
<PAGE>

(b)  sterling demand or time deposits, certificates of deposit and short-term
     debt obligations (including commercial paper) (which may include deposits
     into any account which earns a rate of interest related to LIBOR)
     provided that in all cases such investments have a maturity date of 90
     days or less and mature on or before the next following Payment Date or,
     in relation to any Mortgages Trustee Bank Account, the next following
     Distribution Date, and the short-term unsecured, unguaranteed and
     unsubordinated debt obligations of the issuing or guaranteeing entity or
     the entity with which the demand or time deposits are made (being an
     authorised institution under the Financial Services and Markets Act 2000)
     are rated at least equal to A-1+ by S&P, P-1 by Moody's and F1+ by Fitch
     or which are otherwise acceptable to the Rating Agencies (if they are
     notified in advance) to maintain the then-current rating of the Notes;

"Authorised Signatory" means in relation to:

(a)  any Issuer, any authorised signatory referred to in the relevant Issuer
     Account Mandates;

(b)  the Mortgages Trustee, any authorised signatory referred to in the
     Mortgages Trustee Account Mandates; and

(c)  Funding, any authorised signatory referred to in the Funding Account
     Mandates;

"Authorised Third Party" means any Person appointed by the Security Trustee
pursuant to the terms of Schedule 4 of the Administration Agreement and whom
the Rating Agencies have previously confirmed in writing to Funding and the
Security Trustee will not cause the then current ratings of the relevant
Issuer's Notes to be downgraded, withdrawn or qualified provided that if the
responsibilities that such appointed Person will assume include setting the
interest rate applicable to any Mortgage Loan, such Person must be a lender in
the UK residential mortgage market;

"Authorised Underpayment" means a Borrower Underpayment in respect of a
Flexible Mortgage Loan which is funded by, and does not exceed the amount of
any, Overpayments previously made by the Borrower in respect of such Flexible
Mortgage Loan or is otherwise permitted by the Seller in accordance with the
relevant Mortgage Conditions;

"Back-up Functions" has the meaning specified in Schedule 4 (Authorised Third
Party) to the Administration Agreement;

"Back-up Trigger Event" means any of the following circumstances:

(i)  failure by the Seller to comply with any of its obligations under the
     Mortgage Sale Agreement;

(ii) a Completion Event and any circumstances in connection therewith; or

(iii) an Administrator Termination Event and any circumstances in connection
     therewith;

"BACS" means the Bankers' Automated Clearing System as amended or supplemented
from time to time or any scheme replacing the same;

"BACS Amounts" means the amounts to be received by the Collection Banks from
Borrowers whether under the Direct Debiting Scheme or otherwise and to be
credited by the Collection Banks to the Collection Accounts on each Monthly
Payment Date, which each Collection Bank shall credit to the relevant
Collection Account;

"Bank Account Agreement" means the agreement entered into on or about the
Initial Closing Date

                                      5
<PAGE>

between the Account Banks, the Mortgages Trustee, Funding and the Security
Trustee which governs the operation of the Mortgages Trustee Bank Accounts and
the Funding Bank Accounts other than the Funding (Issuer) GIC Accounts, as has
been and may be amended, restated, novated, varied or supplemented from time
to time and shall include any additional and/or replacement bank account
agreement entered into by such parties from time to time;

"Bank of England Base Rate" means the Bank of England's official dealing rate
(the repo rate) as set by the UK Monetary Policy Committee and in the event
that such rate ceases to exist or becomes inappropriate as an index for the
Base Rate Pledge such alternative rate or index, not controlled by the Seller,
that the Seller considers to be the most appropriate in the circumstances;

"Barclays" means Barclays Bank PLC;

"Barclays Collection Account" means the account in the name of Northern Rock
as Administrator (sort code 20/59/42, account number 60655996) held with
Barclays Bank PLC and maintained subject to the Collection Bank Agreement
and/or such other accounts of Northern Rock held with Barclays Bank PLC as may
be utilised from time to time for the purpose of collecting sums due to
Northern Rock in respect of the Mortgage Loans;

"Base Rate Pledge" means the guarantee of the Seller that where Mortgage Loans
are eligible to be charged at or based on the Standard Variable Rate
(including Fixed Rate Mortgage Loans upon conversion from a Fixed Rate to the
Standard Variable Rate) and they are within the Base Rate Pledge Period, the
actual variable gross interest rate charged on such Mortgage Loans will be the
lower of the following two rates:

(a)  the Standard Variable Rate; or

(b)  the Bank of England base rate plus a margin which is determined by the
     Seller;

such variable gross interest rate to be applied as necessary within one month
of a change in the Bank of England base rate;

"Base Rate Pledge Period" means, in relation to any Mortgage Loan having the
benefit of the Base Rate Pledge, the period if any during which the Borrower
may be subject to an Early Repayment Charge;

"Basis Rate Swap" means, in relation to the First Issuer, the First Issuer
Basis Rate Swap and for any other Issuer, the swap transaction documented
under the Basis Rate Swap Agreement for such Issuer;

"Basis Rate Swap Agreement" means, in relation to the First Issuer, the First
Issuer Basis Rate Swap Agreement and for any other Issuer, the ISDA Master
Agreement, Schedule, Confirmation and any credit support documents thereto
entered into among such Issuer, the Basis Rate Swap Provider, the Note Trustee
and any credit support provider, as may be amended, restated, novated, varied
or supplemented from time to time and shall include any additional and/or
replacement basis rate swap agreement entered into by such Issuer from time to
time in connection with the Notes issued by such Issuer;

"Basis Rate Swap Provider" means in relation to the First Issuer, the First
Issuer Basis Rate Swap Provider and for any other Issuer the basis rate swap
provider for such Issuer appointed from time to time in accordance with the
relevant Issuer Transaction Documents;

"Basis Rate Swap Provider Default" means the occurrence of an Event of Default
or a Downgrade Termination Event (as defined in the relevant Basis Rate Swap
Agreement) under a Basis Rate Swap

                                      6
<PAGE>

Agreement where the Basis Rate Swap Provider is the Defaulting Party or the
Affected Party (as defined in the relevant Basis Rate Swap Agreement);

"Beneficiaries" means both Funding and the Seller together, as beneficiaries
of the Mortgages Trust and "Beneficiary" means either of them;

"Block Buildings Policy" means the block buildings insurance policies listed
in paragraph 2 of Schedule 4 (Insurance Contracts) to the Mortgage Sale
Agreement and any endorsements or extensions thereto as issued from time to
time and any additional, replacement or substitute block insurance policy
which relates to Mortgage Loans in the Mortgages Trust from time to time;

"Borrower" means, in relation to each Mortgage Loan, the person or persons who
is or are named and defined as such in the relevant Mortgage Deed or such
other person or persons (other than a guarantor) who shall become legally
obligated to comply with such Borrower's obligations under the related
Mortgage Loan;

"Borrower Underpayment" means a situation where a Borrower makes a Monthly
Payment on its Mortgage Loan which is less than the required Monthly Payment
for that month;

"Buildings Policies" means

(a)  all buildings insurance policies relating to freehold English Properties
     or any Scottish Properties which have been taken out in the name of the
     relevant Borrower or in the name of the Borrower and the Seller or in the
     name of the Borrower with the Seller's interest noted, in accordance with
     the applicable Mortgage Conditions or the Alternative Insurance
     Requirements, including, without limitation, the Block Buildings Policy;
     and

(b)  all landlord's buildings insurance policies relating to leasehold
     Mortgaged Properties;

"Business Day" means, in relation to the First Issuer Notes and the First
Issuer Intercompany Loan, a day that is a London Business Day and a New York
Business Day;

"Capital Balance" means, in relation to any Mortgage Loan at any date, the
principal balance of that Mortgage Loan to which the Seller applies the
relevant interest rate at which interest on each Mortgage Loan applies;

"Capital Payment" means a Monthly Payment made by a Borrower under a Mortgage
Loan (other than a Flexible Mortgage Loan) that is greater by (GBP)200 or
more than the amount due for that month, and in respect of which the Borrower
has notified the Seller that such overpayment is intended to reduce the
Capital Balance of the related Mortgage Loan;

"Capitalised Arrears" means, in relation to any Mortgage Loan at any date,
interest or other amounts which are overdue in respect of such Mortgage Loan
and which as at such date have been added to the Capital Balance of such
Mortgage Loan either in accordance with the Mortgage Conditions or otherwise
by arrangement with the relevant Borrower;

"Capitalised Interest" means, in relation to any Mortgage Loan at any date,
interest which is overdue in respect of such Mortgage Loan and which as at
such date has been added to the Capital Balance of such Mortgage Loan in
accordance with the Mortgage Conditions or otherwise by arrangement with the
relevant Borrower (excluding for the avoidance of doubt any Arrears of
Interest which have not been so capitalised on such date);

"Cash" means cash and/or amounts standing to the credit of a bank account, as
the context shall

                                      7
<PAGE>

require;

"Cashback" means, in relation to any Mortgage Loan, the agreement by the
Seller to pay an amount to the relevant Borrower upon completion of the
relevant Mortgage Loan;

"Cash Management Agreement" means the cash management agreement entered into
on or before the Initial Closing Date between the Cash Manager, the Mortgages
Trustee, Funding and the Security Trustee as may be amended, restated,
novated, varied or supplemented from time to time and shall include any
additional and/or replacement cash management agreement entered into by such
parties from time to time in accordance with the Transaction Documents;

"Cash Management Services" means, in relation to the any Issuer, the services
to be provided to such Issuer and the Note Trustee pursuant to the Issuer Cash
Management Agreement and in relation to the Mortgages Trustee and Funding, the
services to be provided to the Mortgages Trustee and Funding pursuant to the
Cash Management Agreement;

"Cash Manager" means Northern Rock or such other person or persons for the
time being acting, pursuant to the Cash Management Agreement, as agent for the
Mortgages Trustee, Funding and (following enforcement of the Funding Security)
the Security Trustee for the purposes of, inter alia, managing all cash
transactions and maintaining certain ledgers on behalf of the Mortgages
Trustee, Funding and (following enforcement of the Funding Security) the
Security Trustee;

"Cash Manager Termination Event" has the meaning given in Clause 12.1
(Termination) of the Cash Management Agreement;

"Cash Re-Draw" means a cash payment granted and made by the Seller in
accordance with the Mortgage Conditions at the request of a Borrower after
such Borrower has made an Overpayment in respect of any Flexible Mortgage Loan
but only to the extent of the Overpayment so made. The Seller is solely
responsible for funding any such Cash Re-draw;

"Cash Re-Draw Amount" means, in relation to any Cash Re-Draw, the amount of
monies advanced by the Seller to the relevant Borrower in respect of such Cash
Re-Draw;

"Cash Re-Draws Sub Ledger" means the sub-ledger of the Re-Draws Ledger, which
will be established by the Cash Manager on the Initial Closing Date in order
to record any Cash Re-Draws made on Flexible Mortgage Loans in the Trust
Property;

"Certificate of Title" means a solicitor's or licensed or qualified
conveyancer's report or certificate of title obtained by or on behalf of the
Seller in respect of each Mortgaged Property substantially in the form of the
pro-forma set out in the Standard Documentation;

"Class A Notes" means, in relation to the First Issuer, the Series 1 Class A
Notes and the Series 2 Class A Notes or any of them as the context may require
and, in relation to any New Issuer, the Class A Notes as defined in the
relevant Issuer Master Definitions Schedule;

"Class A Principal Deficiency Sub Ledger" means, in relation to any Issuer,
the sub-ledger of the Issuer Principal Deficiency Ledger of such Issuer
corresponding to the Class A Notes issued by such Issuer;

"Class B Notes" means, in relation to the First Issuer, the Series 1 Class B
Notes and the Series 2 Class B Notes or any of them as the context may require
and, in relation to any New Issuer, the Class B Notes as defined in the
relevant Issuer Master Definitions Schedule;

                                      8
<PAGE>

"Class B Principal Deficiency Sub Ledger" means, in relation to any Issuer,
the sub-ledger of the Issuer Principal Deficiency Ledger of such Issuer
corresponding to the Class B Notes issued by such Issuer;

"Class C Notes" means, in relation to the First Issuer, the Series 1 Class C
Notes and the Series 2 Class C Notes or any of them as the context may require
and, in relation to any New Issuer, the Class C Notes as defined in the
relevant Issuer Master Definitions Schedule;

"Class C Principal Deficiency Sub Ledger" means, in relation to any Issuer,
the sub-ledger of the Issuer Principal Deficiency Ledger of such Issuer
corresponding to the Class C Notes issued by such Issuer;

"Class D Notes" means, in relation to the Second Issuer, the Series 2 Class D
Notes and in relation to any New Issuer, the Class D Notes as defined in the
Issuer Master Definitions Schedule relating to that New Issuer;

"Class M Notes" means, in relation to Granite Mortgages 03-3 plc, the Series 1
Class M Notes, the Series 2 Class M Notes and the Series 3 Class M Notes or
any of them as the context may require, and in relation to any New Issuer, the
Class M Notes as defined in the relevant Issuer Master Definitions Schedule;

"Class M Principal Deficiency Sub Ledger" means, in relation to any Issuer,
the sub-ledger of the Issuer Principal Deficiency Ledger of such Issuer
corresponding to the Class M Notes issued by such Issuer;

"Clearstream, Luxembourg" means Clearstream Banking, societe anonyme;

"Closing Date" means, in relation to the First Issuer, the Initial Closing
Date and, in relation to any New Issuer, the date of any issue of New Notes by
a New Issuer;

"Closing Trust Property" means the Initial Mortgage Portfolio assigned by the
Seller to the Mortgages Trustee on the Initial Closing Date;

"Collection Account" means the Barclays Collection Account, the Lloyds TSB
Collection Account and any other account in the name of Northern Rock which is
from time to time used for the purpose of collecting, directly or indirectly,
monies due in respect of Mortgage Loans and/or the Related Security;

"Collection Bank" means any of Barclays, acting through its branch at Percy
Street, Newcastle upon Tyne NE99 1JP and Lloyds TSB acting through its branch
at City Office, Bailey Drive, Gillingham Business Park, Kent ME8 0LS and/or
such other banks as may be appointed from time to time under and in accordance
with the Transaction Documents;

"Collection Bank Agreement" means the collection bank agreement entered into
on or about the Initial Closing Date between the Collection Banks, Mortgages
Trustee, Funding, the Seller and the Administrator as may be amended,
restated, novated, varied or supplemented from time to time and shall include
any additional and/or replacement collection bank agreement entered into by
such parties from time to time in accordance with the Transaction Documents;

"Combined Credit Balance" means the average monthly cleared credit balance of
certain accounts of the Borrower held with the Seller which, pursuant to the
Together Connection Conditions, are required to be deducted from, among other
things, the balance of the Together Connections Mortgage

                                      9
<PAGE>

Loan in calculating the Together Connections Benefit;

"Combined Debit Balance" means the aggregate of the outstanding balances of:

(a)  a Borrower's Together Connections Mortgage Loan; and

(b)  certain other products held with the Seller,

from which the Combined Credit Balance is deducted in calculating the Together
Connections Benefit;

"Common Depositary" means Citibank, N.A., in its capacity as common depositary
for Euroclear and Clearstream, Luxembourg, in relation to the First Issuer
Notes, the CDIs (as defined in the Issuer Master Definitions Schedule relating
to the First Issuer) and, in relation to any New Notes, the Reg S Global Note
Certificates;

"Completion Event" means a Perfection Event;

"Connection Conditions" means the Mortgage Conditions of the Seller identified
as Connection Conditions;

"Connections Benefit" means the amount by which:

(a)  the interest that would be payable on the Connections Debit Balance at
     the Connection Interest Rate exceeds:

(b)  the interest at the Connection Interest Rate that would be payable on the
     amount by which the Connections Debit Balance exceeds the Connections
     Combined Credit Balance;

"Connections Combined Credit Balance" means the average monthly cleared credit
balance in a Borrower's linked Save Direct deposit account (a deposit account
operated by a dedicated savings division of the Seller) and/or current account
with the Seller;

"Connections Debit Balance" means the outstanding balance on a Connections
Mortgage Loan from which the Connections Combined Credit Balance is deducted
in calculating the Connections Benefit;

"Connection Interest Rate" means the rate or rates of interest which are
applicable to, amongst other things, a Together Connections Mortgage Loan and
a Connections Mortgage Loan, and is calculated in accordance with the Together
Connection Conditions and the Connection Conditions, respectively;

"Connections Mortgage Loan" means a type of Flexible Mortgage Loan which has
the same basic features as a Together Connections Mortgage Loan but without
the facility for an unsecured loan or credit card;

"Conditions" or "Terms and Conditions" means in relation to any Notes issued
by any Issuer, the terms and conditions to be endorsed on such Notes in the
form or substantially in the form scheduled to the Trust Deed entered into by
such Issuer with the Note Trustee and others, as any of the same may from time
to time be amended, varied or restated in accordance with the provisions of
such Trust Deed, and any reference to a numbered Condition shall be construed
accordingly;

"Contingency Insurance Policy" means the contingency insurance policy
identified in paragraph 2(d) of Schedule 4 (Insurance Contracts) to the
Mortgage Sale Agreement and any endorsements or extensions thereto as issued
from time to time and any additional, replacement or substitute contingency
insurance policy which relates to Mortgage Loans in the Mortgages Trust from
time to

                                      10
<PAGE>

time;

"Contributions" means the consideration in the form of cash provided to the
Mortgages Trustee by any Beneficiary in respect of the share of such
Beneficiary in the Trust Property under the Mortgages Trust Deed, being any of
an Initial Contribution, a Further Contribution or a Deferred Contribution;

"Contributions Ledger" means the ledger created to record (i) the making by
Funding to the Mortgages Trustee of Contributions to the Mortgages Trust
pursuant to the Mortgages Trust Deed (ii) the making by the Seller to the
Mortgages Trustee of Contributions to the Mortgages Trust pursuant to the
Mortgages Trust Deed (iii) the payment by the Mortgages Trustee to the Seller
of either (a) amounts of Initial Purchase Price for the sale of any New
Mortgage Portfolio which is acquired by the Mortgages Trustee from the Seller
under the provisions of Mortgage Sale Agreement (b) amounts of Deferred
Purchase Price in accordance with the Mortgage Sale Agreement and (iv) the
payment by the Mortgages Trustee to the Seller of any Special Distribution in
accordance with the Mortgages Trust Deed;

"Controlled Amortisation Amount" means on any Payment Date prior to the
occurrence of a Trigger Event or enforcement of the Issuer Security:

(a)  in relation to any Note or class of Notes issued by an Issuer which is a
     Controlled Amortisation Note, the maximum aggregate principal amount
     which may be repaid by such Issuer to the relevant Noteholder or
     Noteholders of such class on such Payment Date in accordance with the
     relevant Conditions and the Issuer Cash Management Agreement of such
     Issuer; or

(b)  in relation to the Intercompany Loan of any Issuer, the maximum aggregate
     principal amount which may be repaid by Funding to such Issuer in respect
     of such Intercompany Loan on such Payment Date (which will be equal to
     the aggregate of the Controlled Amortisation Amounts due on such Payment
     Date under the Notes issued by such Issuer);

"Controlled Amortisation Note" means any Note issued by an Issuer pursuant to
which prior to the occurrence of a Trigger Event or enforcement of the Issuer
Security, the Conditions of such Note impose a limit on the amount of
principal which may be repaid by such Issuer to the relevant Noteholder in
respect of such Note on any Payment Date;

"Corporate Services Agreement" means

(a)  in relation to any Issuer, the corporate services agreement entered into
     on or before the Closing Date of the issue of the relevant Notes among,
     inter alios, the relevant Corporate Services Provider, Holdings, the
     Post-Enforcement Call Option Holder and such Issuer, for the provision by
     the Corporate Services Provider of certain corporate services, and

(b)  in relation to the Mortgages Trustee or Funding, the corporate services
     agreement entered into on or before the Initial Closing Date between the
     relevant Corporate Services Provider and the Mortgages Trustee or Funding
     (as the case may be) for the provision by the relevant Corporate Services
     Provider of certain corporate services with respect to the Mortgages
     Trustee or Funding,

in each case as it has been and may be amended, restated, novated, varied or
supplemented from time to time and shall include any additional and/or
replacement corporate services agreements entered into by such parties from
time to time in accordance with the Transaction Documents;

                                      11
<PAGE>

"Corporate Services Provider" means in relation to any Issuer, Law Debenture
Corporate Services Limited, in relation to Funding, Mourant & Co. Capital
(SPV) Limited, and in relation to the Mortgages Trustee, Mourant & Co.
Limited, or any other person or persons for the time being acting as corporate
services provider under the relevant Corporate Services Agreement;

"CPR" means, unless otherwise defined in the text of the relevant Transaction
Document, the constant rate of scheduled and unscheduled repayments on the
Mortgage Loans in the Mortgage Portfolio each month relative to the aggregate
principal amount outstanding of such Mortgage Loans;

"Currency Swap Agreement" means, for any Issuer, the ISDA Master Agreement(s),
Schedule(s), Confirmation(s) and any credit support documents thereto entered
into among such Issuer, the relevant Currency Swap Provider, the Note Trustee
and any credit support provider, as may be amended, restated, novated, varied
or supplemented from time to time and shall include any additional and/or
replacement currency swap agreement entered into by such Issuer from time to
time in connection with the Notes issued by such Issuer;

"Currency Swap Provider" means in relation to any Issuer the swap counterparty
to such Issuer under any relevant Currency Swap Agreement of such Issuer;

"Currency Swap Provider Default" means the occurrence of an Event of Default
or a Downgrade Termination Event (as defined in the relevant Currency Swap
Agreement) under a Currency Swap Agreement where the Currency Swap Provider is
the Defaulting Party or the Affected Party (each as defined in the relevant
Currency Swap Agreement);

"Current Balance" means in relation to any Mortgage Loan as at any given date,
the aggregate (but avoiding double counting) of:

(a)  the original principal amount advanced to the relevant Borrower and any
     Further Advances on or before the given date to the relevant Borrower
     secured or intended to be secured by the related Mortgage;

(b)  the amount of any Re-Draw under any Flexible Mortgage Loan or of any
     Further Draw under a Personal Secured Loan secured or intended to be
     secured by the related Mortgage;

(c)  any interest, disbursement, legal expense, fee, charge, rent, service
     charge, premium or payment which has been properly capitalised in
     accordance with the relevant Mortgage Conditions or with the relevant
     Borrower's consent and added to the amounts secured or intended to be
     secured by such Mortgage Loan (including interest capitalised on any
     Re-Draw under a Flexible Mortgage Loan); and

(d)  any other amount (other than unpaid interest) which is due or accrued
     (whether or not due) and which has not been paid by the relevant Borrower
     and has not been capitalised in accordance with the relevant Mortgage
     Conditions or with the relevant Borrower's consent but which is secured
     or intended to be secured by that Mortgage Loan, as at the end of the
     London Business Day immediately preceding that given date less any
     repayment or payment of any of the foregoing made on or before the end of
     the London Business Day immediately preceding that given date and
     excluding any retentions made but not released and any Further Advances
     and/or Further Draws committed to be made but not made by the end of the
     London Business Day immediately preceding that given date;

"Current Funding Share" means the amount of Trust Property beneficially owned
by Funding from time to time, as determined in accordance with Clause 8
(Adjustment of Funding Share Percentage

                                      12
<PAGE>

and Seller Share Percentage) of the Mortgages Trust Deed;

"Current Funding Share Percentage" means the percentage share of Funding in
the Trust Property from time to time, as determined in accordance with Clause
8 (Adjustment of Funding Share Percentage and Seller Share Percentage) of the
Mortgages Trust Deed;

"Current Seller Share" means the amount of Trust Property beneficially owned
by the Seller from time to time, as determined in accordance with Clause 8
(Adjustment of Funding Share Percentage and Seller Share Percentage) of the
Mortgages Trust Deed;

"Current Seller Share Percentage" means the percentage share of the Seller in
the Trust Property from time to time as determined in accordance with Clause 8
(Adjustment of Funding Share Percentage and Seller Share Percentage) of the
Mortgages Trust Deed;

"Deed of Accession" means a deed executed by, inter alios, Funding, the
Security Trustee and the Note Trustee and any New Funding Secured Creditor in
the form set out in Schedule 2 to the Funding Deed of Charge or any other form
of deed as agreed between the parties;

"Deed of Consent" means a deed whereby a person in or intended to be in
occupation of a Mortgaged Property agrees with the Seller to postpone his or
her interest (if any) in the Mortgaged Property so that it ranks after the
interest of the Seller created by the relevant Mortgage;

"Deed of Postponement" means a deed whereby a Mortgagee of a Mortgaged
Property agrees with the Seller to postpone its Mortgage over the Mortgaged
Property so that the sums secured by it will rank for repayment after the sums
secured by the relevant Mortgage;

"Deferred Contribution" means the consideration in the form of cash payable by
Funding to the Mortgages Trustee from time to time in respect of the Funding
Share of the Trust Property pursuant to and in accordance with the Mortgages
Trust Deed and/or the Funding Deed of Charge including, for the avoidance of
doubt, Final Deferred Contribution (which Contribution will fund the payment
to the Seller by the Mortgages Trustee of amounts of Deferred Purchase Price
payable by the Mortgages Trustee to the Seller from time to time pursuant to
and in accordance with the Mortgage Sale Agreement);

"Deferred Purchase Price" means that portion of the Purchase Price for the
sale and assignment of the Initial Mortgage Portfolio or of any New Mortgage
Portfolio sold and assigned to the Mortgages Trustee which is not paid to the
Seller on the Initial Closing Date or, in the case of any New Mortgage
Portfolio, on the relevant Assignment Date and which is to be paid by the
Mortgages Trustee to the Seller from time to time from Deferred Contributions
received by the Mortgages Trustee from Funding and otherwise in accordance
with the Mortgage Sale Agreement;

"Direct Debit" means a payment made pursuant to the Direct Debiting Scheme;

"Direct Debiting Scheme" means the scheme for the manual or automated debiting
of bank accounts operated in accordance with the detailed rules of certain
members of the Association for Payment Clearing Services;

"Distribution Date" means the date on which the Mortgages Trust terminates and
the London Business Day as determined by the Cash Manager falling no later
than 6 Business Days after each Trust Determination Date;

"Distribution Period" means the period from, and including, a Distribution
Date to, but excluding, the next following Distribution Date or, in relation
to the first Distribution Period, the period from and

                                      13
<PAGE>

including the relevant Closing Date to, but excluding, the first Distribution
Date;

"Drawdown Date" means, in respect of the First Issuer Intercompany Loan, the
Initial Closing Date, and in respect of any New Intercompany Loan, the date on
which such New Intercompany Loan is made to Funding by any New Issuer;

"Drawdown Notice" means, in respect of an Intercompany Loan, a notice
delivered by Funding to the relevant Issuer and the Security Trustee
requesting a drawing under that Intercompany Loan Agreement;

"DTC" means The Depository Trust Company;

"Early Repayment Charge" means any charge or fee which the Mortgage Conditions
applicable to a Mortgage Loan require the relevant Borrower to pay in the
event that all or part of that Mortgage Loan is repaid before a certain date,
including without limitation repayment of any "cashback";

"Early Repayment Charge Receipts" means an amount equal to sums received by
the Mortgages Trustee from time to time in respect of Early Repayment Charges;

"Encumbrance" has the same meaning as "Security Interest";

"Enforcement Procedures" means the procedures for the enforcement of Mortgages
undertaken by the Administrator from time to time in accordance with the
Administration Procedures;

"English Mortgage" means, in respect of any Mortgage Loan in the Mortgage
Portfolio, a Mortgage secured over an English Property;

"English Mortgage Loan" means each Mortgage Loan secured by an English
Mortgage;

"English Property" means a Mortgaged Property situated in England or Wales;

"Euroclear" means Euroclear Bank S.A./N.V., as operator of the Euroclear
System;

"Event of Default" means, as the context requires, any of the following:

(a)  in relation to the First Issuer Notes, a First Issuer Note Event of
     Default;

(b)  in relation to the New Notes issued by any New Issuer, a Note Event of
     Default pursuant to the Terms and Conditions of such New Notes;

(c)  in relation to the First Intercompany Loan Agreement, a First Issuer
     Intercompany Loan Event of Default; or

(d)  in relation to any New Intercompany Loan Agreement, the occurrence of an
     event of default pursuant to the Intercompany Loan Terms and Conditions
     of such New Issuer;

"Exchange Act" means the United States Securities Exchange Act of 1934, as
amended;

"Existing Borrower's Re-Fix Rate" means at any date the fixed rate then being
offered to those of the Seller's existing Borrowers who at that date are
seeking to fix the rate of interest payable under their existing Fixed Rate
Mortgage Loan with the Seller for the applicable period;

"Final Deferred Contribution" has the meaning given to it in the Mortgages
Trust Deed;

"Final Repayment Date" means, in respect of the First Issuer Intercompany
Loan, the Payment Date falling in January, 2041 and in relation to any New
Intercompany Loan the date specified under the relevant Issuer Transaction
Documents and as defined in the relevant Issuer Master Definitions

                                      14
<PAGE>

Schedule;

"Financial Period" means a Financial Year or any other period in respect of
which accounts are required to be prepared and certified by the auditors of
the relevant company to enable it to comply with all relevant legal and
accounting requirements and all requirements of any stock exchange on which
any securities of the company are listed;

"First Issuer" means Granite Mortgages 01-1 plc;

"Fitch" means Fitch Ratings Limited and includes any successor to its ratings
business;

"Fixed Rate Mortgage Loan" means a Mortgage Loan which is subject to a fixed
rate of interest set by reference to a predetermined rate or series of rates
for a fixed period or periods;

"Fixed Rate Period" means, in relation to any Fixed Rate Mortgage Loan or
other Mortgage Loan offered with a Fixed Rate, the period agreed between the
Borrower and the Seller or Administrator (as applicable) as set out under the
terms and conditions of such Mortgage Loan during which the interest rate
applicable to such Mortgage Loan will remain fixed;

"Flexible Cash Re-Draw Capacity" has the meaning given to it in Clause 9.2
(Fluctuation of Minimum Seller Share on Distribution Date) of the Mortgages
Trust Deed;

"Flexible Mortgage Loan" means a type of Mortgage Loan (other than a Personal
Secured Loan) product that typically incorporates features that give the
Borrower options (which may be subject to certain conditions) to, among other
things, make further drawings on the mortgage loan account and/or to overpay
or underpay interest and principal in a given month and/or to take a Payment
Holiday;

"Flexible Overpayments Sub Ledger" means the sub-ledger of the Overpayments
Ledger which will be established by the Cash Manager on the Initial Closing
Date in order to record any Overpayments made on Flexible Mortgage Loans;

"Funding" means Granite Finance Funding Limited, a company incorporated with
limited liability in Jersey, registered number 79308;

"Funding Available Principal Receipts" in respect of any Payment Date will be
calculated by the Cash Manager or otherwise on behalf of Funding (or,
following enforcement of the Funding Security, the Security Trustee) on the
Distribution Date immediately preceding such Payment Date and will be an
amount equal to the sum of all Funding Principal Receipts received by Funding
from the Mortgages Trustee and recorded on the Group 1 Principal Sub-Ledger or
Group 2 Principal Sub-Ledger, as applicable, during the Interest Period ending
on the relevant Payment Date plus amounts transferred from the Funding
Principal Ledger to the Group 1 Principal Sub-ledger or the Group 2 Principal
Sub-Ledger during the Interest Period ending on the relevant Payment Date;
provided that, subject as otherwise provided in the Transaction Documents, for
the purpose only of determining the amount of Funding Available Principal
Receipts which may be allocated to any Issuer (but not to any other Issuer)
following an enforcement of the Issuer Security relating to that Issuer, it
may also include the aggregate of any amounts standing to the credit of the
Issuer Liquidity Reserve Ledger, if any, and the Issuer Reserve Fund Ledger of
such Issuer remaining on that Payment Date after the application of such
reserve funds in accordance with the Funding Pre-Enforcement Revenue Priority
of Payments. Provided, further, that in respect of an Issuer the Notes of
which include a Class or Classes of Money Market Notes having a Final Maturity
Date on such Payment Date, Funding Available Principal Receipts will include
the amount, if any, standing to the credit of the Issuer

                                      15
<PAGE>

Liquidity Reserve Ledger in respect of that Issuer on the Distribution Date
immediately preceding such Payment Date required (after taking into account
Funding Available Principal Receipts otherwise available to such Issuer) to
pay such Class of Money Market Notes on such Payment Date;

"Funding Available Revenue Receipts" in respect of any Payment Date will be
calculated by the Cash Manager on the Distribution Date immediately preceding
such Payment Date and will be an amount equal to the sum of:

(1)  all Mortgages Trustee Available Revenue Receipts distributed to Funding
     during the Interest Period ending on the relevant Payment Date and
     recorded on the Group 1 Revenue Sub-Ledger, the Group 2 Revenue
     Sub-Ledger and the Funding Expense Sub-Ledger;

(2)  other net income of Funding, including all amounts of interest received
     on the Funding GIC Account and the Funding Transaction Account, and/or
     all income from Authorised Investments (in each case to be received on or
     prior to the relevant Payment Date) as allocated by Funding between Group
     1 and Group 2 in proportion to the Group 1 Share Percentage and the Group
     2 Share Percentage and recorded on the Group 1 Revenue Sub-Ledger and
     Group 2 Revenue Sub-Ledger on each Distribution Date during the Interest
     Period ending on the relevant Payment Date; and

(3)  the amount standing to the credit of the Funding Reserve Ledger,

PROVIDED THAT for the purpose only of the payments to be made to any Issuer on
the relevant Payment Date in respect of the Intercompany Loan made by that
Issuer (but not for the purpose of any other payment to be made by Funding on
the relevant Payment Date including any payment in respect of any other
Intercompany Loan made by any other Issuer), Funding Available Revenue
Receipts shall also include the sum of:

(4)  the amount standing to the credit of the Issuer Reserve Fund Ledger in
     respect of such Issuer (but not in respect of any other Issuer), subject
     to any limits or conditions on the purposes for which that reserve may be
     utilised as set out in the Funding Deed of Charge; and

(5)  the amount standing to the credit of the Issuer Liquidity Reserve Ledger,
     if any, in respect of such Issuer (but not in respect of any other
     Issuer), subject to any limits or conditions on the purposes for which
     that reserve may be utilised as set out in the Funding Deed of Charge;
     and

PROVIDED FURTHER THAT, as set forth in Rule (3) of the Rules for application
of Funding Available Revenue Receipts, on the Payment Date following the
repayment in full of the Intercompany Loan of any Issuer and provided that
Funding has no further liability under the relevant Intercompany Loan
Agreement, subject to any limits or conditions on the purposes for which the
related Issuer Reserve Fund or Issuer Liquidity Reserve Fund, if any, may be
utilised as set out in the Funding Deed of Charge, any remaining amounts
standing to the credit of the Issuer Reserve Fund Ledger and the Issuer
Liquidity Reserve Ledger, if any, of that Issuer will constitute additional
Funding Available Revenue Receipts for the purpose of items (N) through (Q) of
the Funding Pre-Enforcement Revenue Priority of Payments and may be utilised
by Funding in paying any other liability of Funding (including, without
limitation, payment of interest and principal amounts due to each Start-up
Loan Provider under the relevant Start-up Loan Agreement and payment of any
Deferred Contribution due to the Mortgages Trustee under the Mortgages Trust
Deed), in each case, subject to and in accordance with the relevant Funding
Priority of Payments.

"Funding Bank Accounts" means the Funding GIC Account, the Funding Transaction
Account and

                                      16
<PAGE>

the Funding (First Issuer) GIC Account and each other Funding (Issuer) GIC
Account established after the Initial Closing Date and each such additional or
replacement account in the name of Funding that may be opened with the prior
approval of the Security Trustee after the Initial Closing Date;

"Funding Charged Property" means the property, assets and undertakings of
Funding which from time to time are or are expressed to be mortgaged, charged,
assigned, pledged or otherwise encumbered to, or in favour of the Security
Trustee for itself and for the Funding Secured Creditors under the Funding
Deed of Charge or any other Funding Transaction Document;

"Funding Contribution Date" means any date on which Funding makes a Further
Contribution to the Mortgages Trustee in connection with Funding's purchase of
an increased beneficial interest in the Trust Property, on which date the
Mortgages Trustee will also pay to the Seller an Initial Consideration equal
to the amount of such Further Contribution;

"Funding Deed of Charge" means the deed of charge entered into on or about the
Initial Closing Date between Funding, the Security Trustee, the First Issuer,
the Corporate Services Provider, the Account Bank, the Funding GIC Provider,
the Mortgages Trustee, the Start-up Loan Provider and the Cash Manager and the
Schedules thereto and including each Deed of Accession or Accession
Undertaking entered into in connection therewith as may be amended, restated,
novated, varied or supplemented from time to time;

"Funding Expense Sub-Ledger" means a sub-ledger of the Funding Revenue Ledger
on which receipts and payments of Funding Revenue Receipts allocable to the
payment of expenses will be recorded by the Cash Manager;

"Funding (First Issuer) Bank Account Agreement" means the agreement entered
into on or about the Initial Closing Date between Funding, the Cash Manager,
the Security Trustee and the Account Bank which governs the operation of the
Funding (First Issuer) GIC Account as may be amended, restated, novated,
varied or supplemented from time to time and shall include any additional
and/or replacement Funding (first issuer) bank account agreement entered into
by such parties from time to time in accordance with the Transaction
Documents;

"Funding (First Issuer) GIC Account" the account in the name of Funding (sort
code 30-15-57, account number 00001933, reference: GRANITE011GI) held at the
Account Bank and maintained subject to the terms of the Funding (First Issuer)
Guaranteed Investment Contract, the Funding (First Issuer) Bank Account
Agreement and the Funding Deed of Charge or such additional or replacement
account as may for the time being be in place with the prior consent of the
Security Trustee;

"Funding (First Issuer) GIC Account Mandate" means the resolutions,
instructions and signature authorities relating to the Funding (First Issuer)
GIC Account substantially in the form set out in Schedule 1 to the Funding
(First Issuer) Bank Account Agreement;

"Funding (First Issuer) Guaranteed Investment Contract" means the guaranteed
investment contract entered into on or about the Initial Closing Date between
Funding, the Funding GIC Provider, the Security Trustee and the Cash Manager
under which the Funding GIC Provider agrees to pay Funding a guaranteed rate
of interest on the balance from time to time of the Funding (First Issuer) GIC
Account, as may be amended, restated, novated, varied or supplemented from
time to time and shall include any additional and/or replacement guaranteed
investment contract entered into by Funding from time to time in accordance
with the Transaction Documents;

"Funding (Issuer) Bank Account Agreement" means, in relation to any Issuer,
the agreement

                                      17
<PAGE>

entered into on or about the relevant Closing Date between Funding, the Cash
Manager, the Security Trustee and the Account Bank which governs the operation
of the relevant Funding (Issuer) GIC Account and shall include any additional
and/or replacement Funding (Issuer) bank account agreement entered into by
such parties from time to time in accordance with the Transaction Documents;

"Funding (Issuer) GIC Account" means, in relation to any Issuer, the account
in the name of Funding held at the Account Bank and maintained subject to the
terms of the relevant Funding (Issuer) Guaranteed Investment Contract, the
relevant Funding (Issuer) Bank Account Agreement and the Funding Deed of
Charge or such additional or replacement account as may for the time being be
in place with the prior consent of the Security Trustee;

"Funding (Issuer) Guaranteed Investment Contract" means, in relation to any
Issuer, the guaranteed investment contract entered into on about the relevant
Closing Date between Funding, the Funding GIC Provider, the Security Trustee
and the Cash Manager under which the Funding GIC Provider agrees to pay
Funding a guaranteed rate of interest on the balance from time to time of the
relevant Funding (Issuer) GIC Account, as may be amended, restated, novated,
varied or supplemented from time to time and shall include any additional
and/or replacement guaranteed investment contract entered into by Funding from
time to time in accordance with the Transaction Documents;

"Funding GIC Account" means the account in the name of Funding (sort code
30-00-59, account number 00000000) held at Northern Rock, and maintained
subject to the Funding Guaranteed Investment Contract and the Bank Account
Agreement and such additional or replacement accounts as may for the time
being be in place with the prior consent of the Security Trustee;

"Funding GIC Account Mandate" means the resolutions, instructions and
signature authorities relating to the Funding GIC Account substantially in the
form set out in Schedule 1 to the Bank Account Agreement;

"Funding GIC Provider" means:

     (a)  in relation to the Funding GIC Account, Northern Rock;

(b)  in relation to any Funding (Issuer) GIC Account established prior to 26
     May 2004, Lloyds TSB Bank plc Financial Markets Division, 25 Monument
     Street, London EC3R 8BQ; and

(c)  in relation to any Funding (Issuer) GIC Account established on or after
     26 May 2004 (including, for the avoidance of doubt, the Funding (Issuer)
     GIC Account relating to Granite Mortgages 04-2 plc and Granite Mortgages
     04-3 plc), Northern Rock,

or such other person or persons as are for the time being the GIC Provider to
Funding under the Funding Guaranteed Investment Contract and any Funding
(Issuer) Guaranteed Investment Contract;

"Funding Guaranteed Investment Contract" means the guaranteed investment
contract entered into on or about the Initial Closing Date between Funding,
the Funding GIC Provider, the Cash Manager and the Security Trustee under
which the Funding GIC Provider agrees to pay Funding a guaranteed rate of
interest on the balance from time to time of the Funding GIC Account as may be
amended, restated, novated, varied or supplemented from time to time and shall
include any additional and/or replacement guaranteed investment contract
entered into by Funding in accordance with the Transaction Documents;

                                      18
<PAGE>

"Funding Jersey Secured Property" means, at any time, the Funding Charged
Property which is situated in Jersey at such time;

"Funding Ledgers" means the Funding Principal Ledger, the Funding Revenue
Ledger, the Funding Reserve Ledger, the Funding Principal Deficiency Ledger,
the Intercompany Loan Ledger and each Issuer Reserve Fund Ledger and each
Issuer Liquidity Reserve Ledger;

"Funding Post-Enforcement Priority of Payments" means the rules and the order
of priority in which Funding Available Revenue Receipts, Funding Available
Principal Receipts and all other monies, income, receipts and recoveries of
Funding or the Security Trustee or any Receiver of Funding and the proceeds of
enforcement of the Funding Security are to be applied following service of an
Intercompany Loan Enforcement Notice or otherwise following an enforcement of
the Funding Security as set out in Part III of Schedule 3 (Funding Priority of
Payments) to the Funding Deed of Charge, as the same may be amended, varied or
superseded from time to time in accordance with the terms of the Funding Deed
of Charge;

"Funding Pre-Enforcement Principal Priority of Payments" means the rules and
the order of priority in which Funding Available Principal Receipts will be
applied prior to the enforcement of the Funding Security as set out in Part II
of Schedule 3 (Funding Priority of Payments) to the Funding Deed of Charge, as
the same may be amended, varied or superseded from time to time in accordance
with the terms of the Funding Deed of Charge;

"Funding Pre-Enforcement Revenue Priority of Payments" means the rules and the
order of priority in which Funding Available Revenue Receipts will be applied
prior to the enforcement of the Funding Security as set out in Part I of
Schedule 3 (Funding Priority of Payments) to the Funding Deed of Charge, as
the same may be amended, varied or superseded from time to time in accordance
with the terms of the Funding Deed of Charge;

"Funding Principal Deficiency Ledger" means the ledger maintained by the Cash
Manager in the name of Funding pursuant to the Cash Management Agreement to
record the aggregate position of the Principal Deficiency Ledgers of all
Issuers as to Losses on the Mortgage Loans and the application of Funding
Available Principal Receipts to fund the Issuer Liquidity Reserve Funds;

"Funding Principal Ledger" means the ledger maintained by the Cash Manager in
the name of Funding pursuant to the Cash Management Agreement to record
receipts and payments of Funding Principal Receipts which ledger will be
divided into two sub-ledgers: (i) the Group 1 Principal Sub-Ledger and (ii)
the Group 2 Principal Sub-Ledger;

"Funding Principal Receipts" means the Principal Receipts received by Funding
from the Mortgages Trustee on each Distribution Date;

"Funding Priority of Payments" means, as applicable, any of the Funding
Pre-Enforcement Revenue Priority of Payments, the Funding Pre-Enforcement
Principal Priority of Payments or the Funding Post-Enforcement Priority of
Payments;

"Funding Reserve Additional Amount" means following the occurrence of a
Funding Step-Up Trigger Event, an amount equal to the sum of the Funding
Reserve Required Amount and (GBP)22,100,000;

"Funding Reserve Adjustment Date" means a Payment Date in respect of which (i)
a Funding Reserve Decrease has occurred on the immediately preceding Payment
Date and (ii) such immediately preceding Payment Date was not also a Funding
Reserve Adjustment Date; provided that a Funding

                                      19
<PAGE>

Reserve Adjustment Date shall not occur on any Payment Date for Group 1
Issuers or Payment Date for Group 2 Issuers if only Notes of Group 1 Issuers
or Group 2 Issuers, respectively, are outstanding;

"Funding Reserve Decrease" means a reduction in the amount standing to the
credit of the Funding Reserve Ledger resulting from the application of such
amount to the payment of items in accordance with the Funding Pre-Enforcement
Revenue Priority of Payments (except items (A)-(D)) or the Funding
Post-Enforcement Priority of Payments (except items (A)-(C));

"Funding Reserve Fund" means the reserve fund established in the name of
Funding on the Initial Closing Date in an amount up to the Funding Reserve
Required Amount, which prior to enforcement may be (a) allocated among Issuers
and between Groups to help meet any deficit in Funding Available Revenue
Receipts and thereby any deficit recorded on the Issuer Principal Deficiency
Ledgers and/or (b) utilised to fund initial reserves and other expenses in
connection with the issuance of Notes by New Issuers;

"Funding Reserve Ledger" means the ledger maintained by the Cash Manager in
the name of Funding pursuant to the Cash Management Agreement to record the
amount standing to the credit of the Funding Reserve Fund from time to time;

"Funding Reserve Required Amount" means the amount from time to time which is
equal to the sum of (1) the product of 1 per cent. and the greater of (a) the
aggregate Principal Amount Outstanding of the Notes outstanding of all Issuers
on the relevant determination date and (b) the aggregate Outstanding Principal
Balance of the Intercompany Loans of all Issuers on the relevant determination
date, or such other amount as may be agreed from time to time with the Rating
Agencies. As at the Initial Closing Date, the Funding Reserve Required Amount
will be zero;

"Funding Revenue Ledger" means the ledger maintained by the Cash
Manager in the name of Funding pursuant to the Cash Management Agreement to
record all monies received by Funding during an Interest Period other than the
Funding Principal Receipts which ledger will be sub-divided into three
sub-ledgers: (i) the Group 1 Revenue Sub-Ledger, (ii) the Group 2 Revenue
Sub-Ledger and (iii) the Funding Expense Sub-Ledger;

"Funding Revenue Receipts" means the Mortgages Trustee Available Revenue
Receipts received by Funding from the Mortgages Trustee on each Distribution
Date;

"Funding Secured Creditors" means the Security Trustee (and any Receiver of
Funding appointed pursuant to the Funding Deed of Charge), the First Issuer,
the Corporate Services Provider in relation to Funding, the Account Bank, the
Funding GIC Provider, the Mortgages Trustee, the Start-up Loan Provider, the
Cash Manager and each New Funding Secured Creditor who accedes to the Funding
Deed of Charge from time to time pursuant to a Deed of Accession (including,
for the avoidance of doubt, any New Issuer);

"Funding Secured Obligations" means any and all of the monies, obligations and
liabilities which Funding covenants to pay or discharge under or pursuant to
Clause 2 (Covenant to pay and to Perform) of the Funding Deed of Charge and
all other amounts owed by it to the Funding Secured Creditors pursuant to the
Funding Transaction Documents;

"Funding Security" means the security granted by Funding under or pursuant to
the Funding Deed of Charge in favour of the Security Trustee for the benefit
of the Funding Secured Creditors or any of them including the security granted
by Funding under or pursuant to any Deed of Accession and the security granted
by Funding under or pursuant to the Second Priority Funding Deed of Charge;

                                      20
<PAGE>

"Funding Share" means, prior to the first Distribution Date, the Initial
Funding Share and thereafter means the Current Funding Share;

"Funding Share Percentage" means, prior to the first Distribution Date, the
Initial Funding Share Percentage and thereafter means the Current Funding
Share Percentage;

"Funding Share/Seller Share Ledger" means the ledger to be maintained by the
Cash Manager, on behalf of the Mortgages Trustee and the Beneficiaries, to
record the Current Funding Share, the Current Funding Share Percentage, the
Current Seller Share and the Current Seller Share Percentage of the Trust
Property;

"Funding Step-Up Trigger Event" means an event which occurs if any Issuer
fails to exercise its option to redeem its Notes on the relevant Step-Up Date
pursuant to the terms and conditions of its Notes;

"Funding Transaction Account" means the account in the name of Funding
(account no. 0625898, sort code 30-00-02) held with the Account Bank and
maintained subject to the terms of the Bank Account Agreement and the Funding
Deed of Charge or any additional or replacement account as may for the time
being be in place with the prior consent of the Security Trustee;

"Funding Transaction Account Mandate" means the resolutions, instructions and
signature authorities relating to the Funding Transaction Account
substantially in the form set out in Schedule 1 to the Bank Account Agreement;

"Funding Transaction Document" means each of the following documents:

(a)  the Mortgages Trust Deed;

(b)  the Mortgage Sale Agreement;

(c)  the Administration Agreement;

(d)  the Funding Deed of Charge;

(e)  the Second Priority Funding Deed of Charge;

(f)  the Corporate Services Agreement;

(g)  the Bank Account Agreement;

(h)  the Stand-by Bank Account Agreement;

(i)  the Funding (Issuer) Bank Account Agreement;

(j)  the Funding Guaranteed Investment Contract;

(k)  the Stand-by Funding Guaranteed Investment Contract

(l)  the Funding (Issuer) Guaranteed Investment Contract;

(m)  the Cash Management Agreement;

(n)  the Start-up Loan Agreement;

(o)  each New Start-up Loan Agreement to be entered into by Funding after the
     Initial Closing Date;

(p)  the Collection Bank Agreement;

                                      21
<PAGE>

(q)  the First Issuer Intercompany Loan Agreement;

(r)  each New Intercompany Loan Agreement to be entered into by Funding after
     the date hereof;

(s)  the Stand-by Funding (Issuer) Guaranteed Investment Contract; and

(s)  each other deed, document, agreement, instrument or certificate entered
     into or to be entered into by Funding pursuant to or in connection with
     any of the documents set out in paragraphs (a) through (r) above
     including any agreement entered into by Funding as a replacement of any
     of the above agreements upon the termination thereof;

"Further Advance" means, in relation to a Mortgage Loan, any advance of
further money to the relevant Borrower following the making of the initial
advance of monies in respect of such Mortgage Loan (the "Initial Advance")
which is secured by the same Mortgage as the Initial Advance but does not
include the amount of any retention advanced to the relevant Borrower as part
of the Initial Advance after completion of the Mortgage and does not include
any Re-Draw or Further Draw;

"Further Contribution" means the consideration in the form of cash payable to
the Mortgages Trustee by any Beneficiary to increase the Funding Share or, as
the case may be, the Seller Share of the Trust Property pursuant to and in
accordance with the Mortgages Trust Deed but excluding any Initial
Contribution or Deferred Contribution paid by Funding to the Mortgages
Trustee;

"Further Draw" means additional amounts drawn by a Borrower under a Personal
Secured Loan in aggregate up to the fixed amount of credit extended under the
terms of the related Mortgage Conditions at the inception of the Borrower's
Personal Secured Loan;

"Further Draw Capacity" means an amount equal to the difference between (1)
the maximum amount of Further Draws that Borrowers may make under Personal
Secured Loans included in the Trust Property (whether or not drawn) as at the
last day of the immediately preceding Trust Calculation Period and (2) the
aggregate Current Balance of Personal Secured Loans which form part of the
Trust Property as at the last day of the immediately preceding Trust
Calculation Period;

"GIC Provider" means in relation to any person the provider of guaranteed
investment services to such person pursuant to a guaranteed investment
contract;

"Group" means either of Group 1 or Group 2;

"Group 1" means all Group 1 Issuers;

"Group 2" means all Group 2 Issuers;

"Group 1 Available Principal Receipts" means, in respect of a Payment Date for
Group 1 Issuers, an amount (calculated on the immediately preceding
Distribution Date) equal to all Mortgages Trustee Principal Receipts received
by Funding from the Mortgages Trustee plus any amounts transferred from the
Funding Principal Ledger to the Group 1 Principal Sub-Ledger during the
Interest Period ending on the relevant Payment Date;

"Group 2 Available Principal Receipts" means, in respect of a Payment Date for
Group 2 Issuers, an amount (calculated on the immediately preceding
Distribution Date) equal to all Mortgages Trustee Principal Receipts received
by Funding from the Mortgages Trustee plus any amounts transferred from the
Funding Principal Ledger to the Group 2 Principal Sub-Ledger during the
Interest Period ending on the relevant Payment Date;

"Group 1 Available Revenue Receipts" means, in respect of a Payment Date for
Group 1 Issuers, an

                                      22
<PAGE>

amount (calculated on the immediately preceding Distribution Date) equal to
the sum of (a) the amount of Mortgages Trustee Available Revenue Receipts
distributed to Funding during the Interest Period ending on the relevant
Payment Date and recorded on the Group 1 Revenue Sub-Ledger (b) other net
income of Funding (including all amounts of interest on the Funding GIC
Account and the Funding Transaction Account, and/or all income from Authorised
Investments, in each case received on or prior to the relevant Payment Date),
as allocated by Funding to Group 1 in proportion to the Group 1 Share
Percentage and recorded on the Group 1 Revenue Sub-Ledger on each Distribution
Date during the related Interest Period ending on the relevant Payment Date,
and (c) the product of the amount standing to the credit of the Funding
Reserve Ledger on such Distribution Date multiplied by the Group 1 Share
Percentage, in each case as on such Distribution Date (unless the related
Payment Date for Group 1 Issuers is also a Funding Reserve Adjustment Date, in
which case the product of the amount standing to the credit of the Funding
Reserve Ledger multiplied by the Group 1 Share Percentage, in each case as on
the Distribution Date immediately preceding the immediately preceding Payment
Date for Group 2 Issuers);

"Group 2 Available Revenue Receipts" means, in respect of a Payment Date for
Group 2 Issuers, an amount (calculated on the immediately preceding
Distribution Date) equal to the sum of (a) the amount of Mortgages Trustee
Available Revenue Receipts distributed to Funding Interest Period ending on
the relevant Payment Date and recorded on the Group 2 Revenue Sub-Ledger (b)
other net income of Funding (including all amounts of interest on the Funding
GIC Account and the Funding Transaction Account, and/or all income from
Authorised Investments, in each case received on or prior to the relevant
Payment Date), as allocated by Funding to Group 2 in proportion to the Group 2
Share Percentage and recorded on the Group 2 Revenue Sub-Ledger on each
Distribution Date during the related Interest Period ending on the relevant
Payment Date, and (c) the product of the amount standing to the credit of the
Funding Reserve Ledger on such Distribution Date multiplied by the Group 2
Share Percentage, in each case as on such Distribution Date (unless the
related Payment Date for Group 2 Issuers is also a Funding Reserve Adjustment
Date, in which case the product of the amount standing to the credit of the
Funding Reserve Ledger multiplied by the Group 2 Share Percentage, in each
case as on the Distribution Date immediately preceding the immediately
preceding Payment Date for Group 1 Issuers);

"Group 1 Issuer" means any Issuer which applies Issuer Available Revenue
Receipts and Issuer Available Principal Receipts in accordance with the
relevant priority of payments on the Payment Date falling in July, October,
January and April of each year;

"Group 2 Issuer" means any Issuer which applies Issuer Available Revenue
Receipts and Issuer Available Principal Receipts in accordance with the
relevant priority of payments on the Payment Date falling in March, June,
September and December of each year;

"Group 1 Principal Sub-Ledger" means a sub-ledger of the Funding Principal
Ledger on which receipts and payments of Funding Principal Receipts allocable
to Group 1 are recorded by the Cash Manager;

"Group 2 Principal Sub-Ledger" means a sub-ledger of the Funding Principal
Ledger on which receipts and payments of Funding Principal Receipts allocable
to Group 2 are recorded by the Cash Manager;

"Group 1 Revenue Sub-Ledger" means a sub-ledger of the Funding Revenue Ledger
on which receipts and payments of Funding Revenue Receipts allocable to Group
1 are recorded by the Cash

                                      23
<PAGE>

Manager;

"Group 2 Revenue Sub-Ledger" means the sub-ledger of the Funding Revenue
Ledger on which receipts and payments of Funding Revenue Receipts allocable to
Group 2 are recorded by the Cash Manager;

"Group 1 Share Percentage" means

   Aggregate Outstanding Principal Balance of all Group 1 Intercompany Loans
   -------------------------------------------------------------------------
       Aggregate Outstanding Principal Balance of all Intercompany Loans

PROVIDED THAT on any Distribution Date with respect to which Funding has made
a Further Contribution to the Mortgages Trustee in connection with Funding's
purchase of an increased beneficial interest in the Trust Property during the
immediately preceding Trust Calculation Period, the Outstanding Principal
Balance of any Intercompany Loan entered into during such Trust Calculation
Period shall be deemed to be (only for the purposes of the numerator and
denominator of the formula above) the Outstanding Principal Balance of such
Intercompany Loan multiplied by the number of days during which such
Intercompany Loan was outstanding during such Trust Calculation Period divided
by the number of days in such Trust Calculation Period.

"Group 2 Share Percentage" means

   Aggregate Outstanding Principal Balance of all Group 2 Intercompany Loans
   -------------------------------------------------------------------------
       Aggregate Outstanding Principal Balance of all Intercompany Loans

PROVIDED THAT on any Distribution Date with respect to which Funding has made
a Further Contribution to the Mortgages Trustee in connection with Funding's
purchase of an increased beneficial interest in the Trust Property during the
immediately preceding Trust Calculation Period, the Outstanding Principal
Balance of any Intercompany Loan entered into during such Trust Calculation
Period shall be deemed to be (only for the purposes of the numerator and
denominator of the formula above) the Outstanding Principal Balance of such
Intercompany Loan multiplied by the number of days during which such
Intercompany Loan was outstanding during such Trust Calculation Period divided
by the number of days in such Trust Calculation Period.

"Group 1 Shared Issuer Revenue Receipts" has the meaning given in the rules
for application of Funding Available Revenue Receipts under the Funding
Pre-Enforcement Priority of Payments set out in Part II of Schedule 3 to the
Funding Deed of Charge;

"Group 2 Shared Issuer Revenue Receipts" has the meaning given in the rules
for application of Funding Available Revenue Receipts under the Funding
Pre-Enforcement Priority of Payments set out in Part II of Schedule 3 to the
Funding Deed of Charge;

"Group 1 Shared Principal Receipts" has the meaning given in the rules for
application of Funding Available Principal Receipts under the Funding
Pre-Enforcement Priority of Payments set out in Part II of Schedule 3 to the
Funding Deed of Charge;

"Group 2 Shared Principal Receipts" has the meaning given in the rules for
application of Funding Available Principal Receipts under the Funding
Pre-Enforcement Priority of Payments set out in Part II of Schedule 3 to the
Funding Deed of Charge;

"Guarantee" means each guarantee in support of the obligations of a Borrower
under a Mortgage Loan;

                                      24
<PAGE>

"Heritable Creditor" means, in relation to Scottish Mortgage Loans, the holder
of a standard security over heritable or long leasehold property in Scotland;

"Holdings" means Granite Finance Holdings Limited, a private limited company
incorporated under the laws of England and Wales, registered number 4127787;

"ICTA" means the Income and Corporation Tax Act 1988;

"in Arrears" or "in arrears" means, in respect of a Mortgage Account, that
amount equal in the aggregate to one or more Monthly Payments in respect of
such Mortgage Account are overdue and unpaid by a Borrower;

"Independent Certificates" means certificates of independent parties in
accordance with Trust Indenture Act Sections 314(c) and 314(d)(1);

"Initial Closing Date" means 26 March 2001;

"Initial Contribution" the consideration in the form of cash payable by
Funding to the Mortgages Trustee in respect of the Funding Share of the Trust
Property pursuant to and in accordance with the Mortgages Trust Deed, which
Contribution is to fund the payment to the Seller by the Mortgages Trustee of
(and is equal to) the Initial Purchase Price in respect of the Initial
Mortgage Portfolio or (if any is payable) any New Mortgage Portfolio sold and
assigned to the Mortgages Trustee and is to be funded from the proceeds of the
First Issuer Intercompany Loan or any New Intercompany Loan;

"Initial Funding Share" means the share of Funding in the Trust Property on
the Initial Closing Date, being an amount equal to approximately
(GBP)1,500,000,000;

"Initial Funding Share Percentage" means the percentage share of Funding in
the Trust Property on the Initial Closing Date being approximately 86.61 per
cent.;

"Initial Mortgage Loans" means the portfolio of residential first Mortgage
Loans and their Related Security to be sold and assigned by the Seller to the
Mortgages Trustee on the Initial Closing Date pursuant to the Mortgage Sale
Agreement;

"Initial Mortgage Portfolio" means the Initial Mortgage Loans and their
Related Security, particulars of which are set out in Appendix A to the
Mortgage Sale Agreement but excluding any such Mortgage Loan and its Related
Security which has been redeemed in full on or before the Initial Closing
Date, and (subject where applicable to the subsisting rights of redemption of
the Borrowers) all right, title, interest and benefit of the Seller in and to:

(a)  all sums of principal, interest (including, for the avoidance of doubt,
     all Accrued Interest, Arrears of Interest and Capitalised Arrears) and
     any other sum due or to become due under or in respect of such Mortgage
     Loans and their Related Security on or after the Initial Closing Date and
     including, without limitation, the right to demand, sue for, recover and
     give receipts for all such principal, interest or other amounts, the
     right to sue on all covenants and undertakings made or expressed to be
     made in favour of the Seller under the applicable Mortgage and all sums
     due or to become due in respect of any Early Repayment Charge;

(b)  the benefit of all securities for such principal, interest and other sums
     payable (including without limitation any interest of the Seller in any
     Life Policy), the benefit of all Deeds of Consent, MHA Documentation and
     Deeds of Postponement, any Guarantee in respect of such Mortgage Loan or
     any other collateral security for the repayment of the relevant Mortgage

                                      25
<PAGE>

     Loans secured by the Mortgages;

(c)  the right to exercise all the powers of the Seller in relation thereto
     subject to and in accordance with the relevant Mortgage Conditions;

(d)  all the estate and interest in the Mortgaged Properties in relation
     thereto vested in the Seller;

(e)  to the extent they are assignable, each Certificate of Title and
     Valuation Report and any right of action of the Seller against any
     solicitor, valuer or other person in connection with any report,
     valuation, opinion, certificate or other statement of fact or opinion
     given in connection with any Mortgage Loan and its Related Security, or
     any part thereof affecting the decision of the Seller to make or offer to
     make the relevant Mortgage Loan or part thereof;

(f)  the Buildings Policies and Insurance Contracts, in each case so far as
     they relate to such Mortgage Loans comprised in that portfolio of
     Mortgage Loans and their Related Security, including the right to receive
     the proceeds of all claims made or to be made by or on behalf of the
     Seller or to which the Seller is or may become entitled;

(g)  the MIG Policies, so far as they relate to such Mortgage Loans comprised
     in that portfolio of Mortgage Loans and their Related Security, including
     the right to receive of all claims made or to be made by or on behalf of
     the Seller or to which the Seller is or may become entitled;

"Initial Purchase Price" means the sum of (GBP)1,480,000,000 payable by the
Mortgages Trustee to the Seller on the Initial Closing Date in consideration
of the Seller's sale and assignment to the Mortgages Trustee of the Initial
Mortgage Portfolio or the sum agreed to from time to time between the
Mortgages Trustee and the Seller and payable by the Mortgages Trustee to the
Seller on an Assignment Date in consideration of the Seller's sale and
assignment to the Mortgages Trustee of a New Mortgage Portfolio in respect of
which any Initial Purchase Price is payable (together with any accrued
principal, interest and expenses as at the Closing Date or Assignment Date, as
applicable) in accordance with the provisions of the Mortgage Sale Agreement;

"Initial Seller Share" means the share of the Seller in the Trust Property on
the Initial Closing Date being an amount equal to approximately
(GBP)232,000,000;

"Initial Seller Share Percentage" means the percentage share of the Seller in
the Trust Property on the Initial Closing Date being approximately 13.39 per
cent.;

"Initial Trust Property" means the sum of (GBP)100 (one hundred pounds) held
on trust absolutely as to both capital and income by the Mortgages Trustee for
the benefit of the Seller and Funding pursuant to Clause 2.1 (Initial Trust
Property) of the Mortgages Trust Deed;

"Inland Revenue" means the Inland Revenue of the United Kingdom;

"Insolvency Act" means the Insolvency Act 1986;

"Insolvency Event" in respect of the Seller, the Administrator, the Cash
Manager or any Issuer Cash Manager (each, for the purposes of this definition,
a "Relevant Entity") means:

(a)  an order is made or an effective resolution passed for the winding-up of
     the Relevant Entity or the appointment of an administrator over the
     Relevant Entity (except, in any such case, a winding-up or dissolution
     for the purpose of a reconstruction or amalgamation the terms of which
     have been previously approved by the Security Trustee);

(b)  the Relevant Entity ceases or threatens to cease to carry on its business
     or a substantial part of

                                      26
<PAGE>

     its business or stops payment or threatens to stop payment of its debts
     or is deemed unable to pay its debts within the meaning of section
     123(a), (b), (c) or (d) of the Insolvency Act (as amended, modified or
     re-enacted) or becomes unable to pay its debts as they fall due or the
     value of its assets falls to less than the amounts of its liabilities
     (taking into account, for both these purposes, contingent and prospective
     liabilities) or otherwise becomes insolvent;

(c)  proceedings are initiated against the Relevant Entity under any
     applicable liquidation, insolvency, composition, reorganisation (other
     than a reorganisation where the Relevant Entity is solvent) or other
     similar laws (including, but not limited to, application or pending
     application for an administration order or presentation of a petition for
     a winding-up order) save where such proceedings are being contested in
     good faith; an administration order being granted or an administrative or
     other receiver, administrator, liquidator or other similar official is
     appointed in relation to the whole or any substantial part of the
     undertaking or assets of the Relevant Entity; or a distress, execution,
     diligence or other process is enforced upon the whole or any substantial
     part of the undertaking or assets of the Relevant Entity and in any of
     the foregoing cases it is not discharged within 30 London Business Days;
     or if the Relevant Entity initiates or consents to judicial proceedings
     relating to itself under any applicable liquidation, administration,
     insolvency, reorganisation or other similar laws or makes a conveyance or
     assignment for the benefit of its creditors generally;

and in respect of Funding or any Issuer (each, for the purposes of this
definition, a "Relevant Entity"), "Insolvency Event" means:

(a)  except for the purposes of an amalgamation or restructuring as described
     in sub-clause (b) of this definition, the Relevant Entity ceases or
     threatens to cease to carry on all or a substantial part of its business
     or the Relevant Entity is deemed unable to pay its debts within the
     meaning of section 123(1)(a), (b), (c) or (d) of the Insolvency Act 1986
     (as that section may be amended) or becomes unable to pay its debts
     within the meaning of section 123(2) of the Insolvency Act 1986 (as that
     section may be amended, modified or re-enacted); or

(b)  an order is made or an effective resolution is passed for the winding-up
     of the Relevant Entity or the appointment of an administrator over the
     Relevant Entity (except for the purposes of or pursuant to an
     amalgamation, restructuring or merger previously approved by the Note
     Trustee or the Security Trustee, as the case may be, or as approved in
     writing by an Extraordinary Resolution (as defined in the Issuer Trust
     Deed) of the Class A Noteholders); or

(c)  proceedings are otherwise initiated against the Relevant Entity under any
     applicable liquidation, insolvency, composition, reorganisation or other
     similar laws (including, but not limited to, application or pending
     application for an administration order or presentation of a petition for
     a winding-up order) and (except in the case of an application or pending
     application for an administration order) such proceedings are not, in the
     opinion of the Note Trustee or the Security Trustee (as the case may be),
     being disputed in good faith with a reasonable prospect of success; or an
     administration order being granted or an administrative receiver or other
     receiver, administrator, liquidator or other similar official being
     appointed in relation to the Relevant Entity or in relation to the whole
     or any substantial part of the undertaking or assets of the Relevant
     Entity; or an encumbrancer taking possession of the whole or any
     substantial part of the undertaking or assets of the Relevant Entity, or
     a distress, execution, diligence or other process being levied or
     enforced upon or sued out against the whole or any substantial part of
     the undertaking or assets of the Relevant Entity and such

                                      27
<PAGE>

     possession or process (as the case may be) not being discharged or not
     otherwise ceasing to apply within 30 days; or the Relevant Entity
     initiating or consenting to judicial proceedings relating to itself under
     applicable liquidation, administration, insolvency, composition,
     reorganisation or other similar laws or making a conveyance or assignment
     for the benefit of its creditors generally;

"Insurance Contracts" means the insurance contracts or policies described in
Schedule 4 to the Mortgage Sale Agreement and any other additional, substitute
or replacement insurance contract or policy arranged by the Seller from time
to time relating to the Mortgage Loans in the Mortgages Trust;

"Insurance Policies" means:

(a)  the MIG Policies;

(b)  the Properties in Possession Policy;

(c)  the Contingency Insurance Policy; and

(d)  the Buildings Policies;

"Intercompany Loan Agreements" means the First Issuer Intercompany Loan
Agreement and any New Intercompany Loan Agreements and "Intercompany Loan
Agreement" means any one of them;

"Intercompany Loans" means the First Issuer Intercompany Loan and any New
Intercompany Loan and "Intercompany Loan" means any of them;

"Intercompany Loan Confirmation" means a document substantially in the form
set out in Schedule 2 (Form of Intercompany Loan Confirmation) to the
Intercompany Loan Terms and Conditions confirming the principal terms of each
Intercompany Loan Agreement between Funding, any Issuer, the Security Trustee
and the Agent Bank;

"Intercompany Loan Enforcement Notice" means an enforcement notice served by
the Security Trustee on Funding in relation to the enforcement of the Funding
Security following the occurrence of an Intercompany Loan Event of Default;

"Intercompany Loan Event of Default" means the occurrence of an event of
default as specified in Clause 14 (Default) of the Intercompany Loan Terms and
Conditions;

"Intercompany Loan Ledger" means the sub-ledger on which the Cash Manager will
record payments of interest and repayments of principal made under any
Intercompany Loan;

"Intercompany Loan Terms and Conditions" means the general terms and
conditions applicable to each Intercompany Loan Agreement, which have been
signed for the purposes of identification by the Security Trustee, the Agent
Bank and Funding on the Initial Closing Date, as amended, restated, novated,
varied or supplemented from time to time and shall include any additional
and/or replacement intercompany loan terms and conditions entered into from
time to time in accordance with the Transaction Documents;

"Interest Rate Shortfall" has the meaning given to it in Clause 4.3(a) of the
Administration Agreement;

"Interim Calculation Period" means the portion of a Trust Calculation Period
that is less than a full Trust Calculation Period during which any single
calculation of the Funding Share, Funding Share

                                      28
<PAGE>

Percentage, Seller Share and Seller Share Percentage applies;

"Irrecoverable VAT" means any amount in respect of VAT incurred by a party to
the Transaction Documents (for the purposes of this definition, a "Relevant
Party") as part of a payment in respect of which it is entitled to be
indemnified under the relevant Transaction Documents to the extent that the
Relevant Party does not or will not receive and retain a credit or repayment
of such VAT as input tax (as that expression is defined in section 24(1) of
the Value Added Tax Act 1994) for the prescribed accounting period (as that
expression is used in section 25(1) of the Value Added Tax Act 1994) to which
such input tax relates;

"Interest Rate Swap Agreement" means, for any Issuer, the ISDA Master
Agreement(s), Schedule(s), Confirmation(s) and any credit support documents
thereto entered into among such Issuer, the relevant Interest Rate Swap
Provider, the Note Trustee and any credit support provider, as may be amended,
restated, novated, varied or supplemented from time to time and shall include
any additional and/or replacement interest rate swap agreement entered into by
such Issuer from time to time in connection with the Notes issued by such
Issuer;

"Interest Rate Swap Provider" means in relation to any Issuer the swap
counterparty to such Issuer under any relevant Interest Rate Swap Agreement of
such Issuer;

"Interest Rate Swap Provider Default" means the occurrence of an Event of
Default or a Downgrade Termination Event (as defined in the relevant Interest
Rate Swap Agreement) where the Interest Rate Swap Provider is the Defaulting
Party or the Affected Party (as defined in the relevant Interest Rate Swap
Agreement);

"Issuer" means the First Issuer or, as the context may require, any New
Issuer;

"Issuer Account Bank" means, in relation to any Issuer, the bank at which the
Issuer Bank Accounts of such Issuer are maintained from time to time pursuant
to the relevant Issuer Transaction Documents;

"Issuer Account Mandates" means, in relation to any Issuer, the resolutions,
instructions, and Authorised Signatories relating to the Issuer Bank Accounts
substantially in the form scheduled to the relevant Issuer Bank Account
Agreement;

"Issuer Allocable Principal Receipts" has the meaning given to it in the rules
for application of Funding Available Principal Receipts under the Funding
Pre-Enforcement Principal Priority of Payments set out in Part I of Schedule 3
to the Funding Deed of Charge;

"Issuer Allocable Revenue Receipts" has the meaning given to it in the rules
for application of Funding Available Principal Receipts under the Funding
Pre-Enforcement Principal Priority of Payments set out in Part I of Schedule 3
to the Funding Deed of Charge;

"Issuer Arrears Test" is satisfied on a Payment Date if any Issuer Cash
Manager or the Cash Manager calculates on the Distribution Date immediately
preceding such Payment Date that as of the last day of the Trust Calculation
Period immediately preceding that Payment Date (i) the aggregate Current
Balance of the Mortgage Loans which are then in arrears for at least 3 months
is less than 4% of the aggregate Current Balance of all Mortgage Loans, unless
the Rating Agencies have confirmed that the then-current ratings of the Notes
will not be adversely affected by such test not having been met; and (ii) the
aggregate Interest Arrears in respect of all of the Mortgage loans in the
Mortgages Trust as a percentage of the aggregate gross interest due on all
Mortgage Loans during the previous 12 months, does not exceed 2%, or such
other percentage as is then acceptable to the then-current Rating

                                      29
<PAGE>

Agencies at such time.

"Issuer Available Principal Receipts" means, in relation to the First Issuer,
the Second Issuer and the Third Issuer, the First Issuer Available Principal
Receipts, the Second Issuer Available Principal Receipts, and the Third Issuer
Available Principal Receipts respectively, and in relation to any New Issuer,
the Current Issuer Available Principal Receipts as defined in the Issuer
Master Definitions Schedule relating to that New Issuer;

"Issuer Available Revenue Receipts" means, in relation to the First Issuer,
the Second Issuer and the Third Issuer, the First Issuer Available Revenue
Receipts, the Second Issuer Available Revenue Receipts, and the Third Issuer
Available Revenue Receipts respectively, and in relation to any New Issuer,
the Current Issuer Available Revenue Receipts as defined in the Issuer Master
Definitions Schedule relating to that New Issuer;

"Issuer Bank Account Agreement" means, in relation to the First Issuer, the
Second Issuer and the Third Issuer, the First Issuer Bank Account Agreement,
the Second Issuer Bank Account Agreement and the Third Issuer Bank Account
Agreement respectively, and in relation to any New Issuer, the Current Issuer
Bank Account Agreement as defined in the Issuer Master Definitions Schedule
relating to that New Issuer;

"Issuer Bank Accounts" means, in relation to the First Issuer, the Second
Issuer and the Third Issuer, the First Issuer Bank Accounts, the Second Issuer
Bank Accounts and the Third Issuer Bank Accounts respectively and, in relation
to any New Issuer, the Current Issuer Bank Accounts as defined in the Issuer
Master Definitions Schedule relating to that New Issuer;

"Issuer Cash Management Agreement" means, in relation to the First Issuer, the
Second Issuer and the Third Issuer, the First Issuer Cash Management
Agreement, the Second Issuer Cash Management Agreement and the Third Issuer
Cash Management Agreement respectively, and in relation to any New Issuer, the
Current Issuer Cash Management Agreement as defined in the Issuer Master
Definitions Schedule relating to that New Issuer;

"Issuer Cash Manager" means, in relation to the First Issuer, the First Issuer
Cash Manager and in relation to any New Issuer, the person identified as
managing all cash transactions and maintaining certain ledgers on behalf of
such Issuer pursuant to the relevant Issuer Cash Management Agreement or such
other person as may from time to time be appointed as cash manager for such
Issuer pursuant to the relevant Issuer Cash Management Agreement;

"Issuer Deed of Charge" means in relation to the First Issuer, the First
Issuer Deed of Charge and in relation to any New Issuer, the deed of charge
entered into such Issuer with the Note Trustee;

"Issuer Jersey Secured Property" means:

(a)  in relation to the First Issuer, the First Issuer Jersey Secured Property
     as defined in the Issuer Master Definitions Schedule relating to the
     First Issuer;

(b)  in relation to the Second Issuer, the Second Issuer Jersey Secured
     Property as defined in the Issuer Master Definitions Schedule relating to
     the Second Issuer;

(c)  in relation to the Third Issuer, the Third Issuer Jersey Secured Property
     as defined in the Issuer Master Definitions Schedule relating to the
     Third Issuer; and

(d)  in relation to any other Issuer, the Current Issuer Jersey Secured
     Property as defined in the Issuer Master Definitions Schedule relating to
     that Issuer;

                                      30
<PAGE>

"Issuer Junior Notes" means:

(a)  in relation to the First Issuer, the Series 1 Class C Notes and the
     Series 2 Class C Notes as defined in the Issuer Master Definitions
     Schedule relating to the First Issuer,

(b)  in relation to the Second Issuer, the Series 1 Class C Notes, the Series
     2 Class C Notes as defined in the Issuer Master Definitions Schedule
     relating to the Second Issuer, and

(c)  in relation to any other Issuer, the Junior Notes as defined in the
     relevant Issuer Master Definitions Schedule;

"Issuer Liquidity Reserve Fund" means, in relation to the First Issuer, the
First Issuer Liquidity Reserve Fund, in relation to the Second Issuer, the
Second Issuer Liquidity Reserve Fund and in relation to any New Issuer, the
Current Issuer Liquidity Reserve Fund as defined in the Issuer Master
Definitions Schedule which in each case Funding will be required to establish
pursuant to and in the circumstances set out in the Intercompany Loan of such
New Issuer ;

"Issuer Liquidity Reserve Ledger" means, in relation to the First Issuer, the
First Issuer Liquidity Reserve Ledger, in relation to the Second Issuer, the
Second Issuer Liquidity Reserve Ledger and in relation to any New Issuer, the
Current Issuer Liquidity Reserve Ledger as defined in Issuer Master
Definitions Schedule in each case maintained by the Cash Manager in the name
of Funding to record the balance from time to time of the Issuer Liquidity
Reserve Fund, if any;

"Issuer Liquidity Reserve Required Amount" means, in relation to the First
Issuer, the First Issuer Liquidity Reserve Required Amount (as defined in the
Issuer Master Definitions Schedule relating to the First Issuer), in relation
to the Second Issuer, the Second Issuer Liquidity Reserve Required Amount (as
defined in the Issuer Master Definitions Schedule relating to the Second
Issuer) and in relation to any New Issuer, the Current Issuer Liquidity
Reserve Required Amount (as defined in the Issuer Master Definitions Schedule
relating to that New Issuer) in each case required to be maintained in the
Issuer Liquidity Reserve Fund, if any;

"Issuer Master Definitions Schedule" means, in relation to the First Issuer,
the First Issuer Master Definitions Schedule and in relation to any New Issuer
the relevant master definitions schedule relating to that New Issuer;

"Issuer Mezzanine Notes" means:

(a)  in relation to the First Issuer, the Series 1 Class B Notes and the
     Series 2 Class B Notes as defined in the Issuer Master Definitions
     Schedule relating to the First Issuer,

(b)  in relation to the Second Issuer, the Series 1 Class B Notes, the Series
     2 Class B Notes as defined in the Issuer Master Definitions Schedule
     relating to the Second Issuer, and

(c)  in relation to any New Issuer, the Mezzanine Notes as defined in the
     relevant Issuer Master Definitions Schedule;

"Issuer Post-Enforcement Priority of Payments" means, in relation to the First
Issuer, the Second Issuer and the Third Issuer, the First Issuer
Post-Enforcement Priority of Payments, the Second Issuer Post-Enforcement
Priority of Payments and the Third Issuer Post-Enforcement Priority of
Payments respectively, and in relation to any New Issuer, the Current Issuer
Post-Enforcement Priority of Payments as defined in the Issuer Master
Definitions Schedule relating to that New Issuer;

                                      31
<PAGE>

"Issuer Post-Liquidity Payments" means, in the case of the First Issuer, the
payments set out in items (H) through (J) under the First Issuer
Pre-Enforcement Revenue Priority of Payments (or the relevant payments in the
equivalent items under such other First Issuer Priority of Payments as may
apply on that Payment Date), in the case of the Second Issuer, the payments
set out in items (H) through (J) under the Second Issuer Pre-Enforcement
Revenue Priority of Payments (or the relevant payments in the equivalent items
under such other Second Issuer Priority of Payments as may apply on that
Payment Date) and in the case of any New Issuer, means the Current Issuer
Post-Liquidity Payments as defined in the Issuer Master Definitions Schedule
relating to that New Issuer;

"Issuer Post-Reserve Payments" means, in the case of the First Issuer, the
payments set out in item (K) under the First Issuer Pre-Enforcement Revenue
Priority of Payments (or the relevant payments in the equivalent items under
such other First Issuer Priority of Payments as may apply on that Payment
Date), in the case of the Second Issuer, the payments set out in item (K)
under the Second Issuer Pre-Enforcement Revenue Priority of Payments (or the
relevant payments in the equivalent items under such other Second Issuer
Priority of Payments as may apply on that Payment Date), and in the case of
any New Issuer, means the Current Issuer Post-Reserve Payments as defined in
the Issuer Master Definitions Schedule relating to that New Issuer;

"Issuer Post Start-Up Payments" means, in the case of the First Issuer, the
payments set out in items (L) and (M) under the First Issuer Pre-Enforcement
Revenue Priority of Payments (or the relevant payments in the equivalent items
under such other First Issuer Priority of Payments as may apply on that
Payment Date), in the case of the Second Issuer, the payments set out in items
(L) and (O) under the Second Issuer Pre-Enforcement Revenue Priority of
Payments (or the relevant payments in the equivalent items under such other
Second Issuer Priority of Payments as may apply on that Payment Date) and in
the case of any New Issuer, means the Current Issuer Post Start-Up Payments as
defined in the Issuer Master Definitions Schedule relating to that New Issuer;

"Issuer Pre-Enforcement Principal Priority of Payments" means, in relation to
the First Issuer, the Second Issuer and the Third Issuer, the First Issuer
Pre-Enforcement Principal Priority of Payments, the Second Issuer
Pre-Enforcement Principal Priority of Payments and the Third Issuer
Pre-Enforcement Principal Priority of Payments respectively, and in relation
to any New Issuer, the Current Issuer Pre-Enforcement Principal Priority of
Payments as defined in the Issuer Master Definitions Schedule relating to that
New Issuer;

"Issuer Pre-Enforcement Priority of Payments" means, in relation to the First
Issuer, the Second Issuer and the Third Issuer, the First Issuer
Pre-Enforcement Priority of Payments, the Second Issuer Pre-Enforcement
Priority of Payments and the Third Issuer Pre-Enforcement Priority of Payments
respectively, and in relation to any New Issuer, the Current Issuer
Pre-Enforcement Priority of Payments as defined in the Issuer Master
Definitions Schedule relating to that New Issuer;

"Issuer Pre-Enforcement Revenue Priority of Payments" means, in relation to
the First Issuer, the Second Issuer and the Third Issuer, the First Issuer
Pre-Enforcement Revenue Priority of Payments, the Second Issuer
Pre-Enforcement Revenue Priority of Payments and the Third Issuer
Pre-Enforcement Revenue Priority of Payments respectively, and in relation to
any New Issuer, the Current Issuer Pre-Enforcement Revenue Priority of
Payments as defined in the Issuer Master Definitions Schedule relating to that
New Issuer;

"Issuer Pre-Liquidity Payments" means, in the case of the First Issuer, the
payments set out in items (A) through (G) under the First Issuer
Pre-Enforcement Revenue Priority of Payments (or the relevant

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<PAGE>

payments in the equivalent items under such other First Issuer Priority of
Payments as may apply on that Payment Date), in the case of the Second Issuer,
the payments set out in items (A) through (G) under the Second Issuer
Pre-Enforcement Revenue Priority of Payments (or the relevant payments in the
equivalent items under such other Second Issuer Priority of Payments as may
apply on that Payment Date) and, in the case of any New Issuer, means the
Current Issuer Pre-Liquidity Payments as defined in the Issuer Master
Definitions Schedule relating to that New Issuer;

"Issuer Pre-Reserve Payments" means, in relation to any Issuer (with the
exception of the First Issuer), the Current Issuer Pre-Reserve Payments as
defined in the Issuer Master Definitions Schedule relating to that New Issuer;

"Issuer Principal Deficiency Ledger" means, in relation to the First Issuer,
the First Issuer Principal Deficiency Ledger and in relation to any New
Issuer, the ledger maintained by the Issuer Cash Manager in the name of such
Issuer which will be established on the relevant Closing Date and will be
sub-divided into sub ledgers corresponding to the classes of Notes issued by
such Issuer in order to record Losses allocated to the Intercompany Loan of
such Issuer which are to be allocated to such Notes, the application of Issuer
Available Principal Receipts of such Issuer in paying interest on the Notes
issued by such Issuer and certain amounts ranking in priority thereto in
accordance with the Issuer Pre-Enforcement Revenue Priority of Payments of
such Issuer and the application by Funding of Issuer Allocable Principal
Receipts of the such Issuer to fund or replenish the Issuer Liquidity Reserve
Fund (if any) of such Issuer;

"Issuer Principal Deficiency Sub Ledger" means, in relation to the First
Issuer, any First Issuer Principal Deficiency Sub Ledger and in relation to
any New Issuer, any of the sub ledgers of the Issuer Principal Deficiency
Ledger of such Issuer relating to any class of Notes issued by such Issuer;

"Issuer Principal Payments" means, in relation to the First Issuer, the
payments set forth in items (A) through (E) under the First Issuer
Pre-Enforcement Principal Priority of Payments (or the relevant payments set
forth in the equivalent items in such other First Issuer Priority of Payments
as may apply on that Payment Date), in relation to the Second Issuer, the
payments set forth in items (A) through (E) under the Second Issuer
Pre-Enforcement Principal Priority of Payments (or the relevant payments set
forth in the equivalent items in such other Second Issuer Priority of Payments
as may apply on that Payment Date) and in relation to any New Issuer, the
Current Issuer Principal Payments as defined in the Issuer Master Definitions
Schedule relating to that New Issuer;

"Issuer Principal Receipts" means, in relation to the First Issuer, the First
Issuer Principal Receipts and in relation to any New Issuer, the principal
amounts repaid by Funding in respect of the Intercompany Loan of such Issuer;

"Issuer Priority of Payments" means, in relation to the First Issuer, the
First Issuer Priority of Payments and in relation to any New Issuer, as
applicable, any of the relevant Issuer Pre-Enforcement Revenue Priority of
Payments, the Issuer Pre-Enforcement Principal Priority of Payments or the
Issuer Post-Enforcement Priority of Payments;

"Issuer Reserve Additional Amount" means, in relation to any Issuer, the
Current Issuer Reserve Additional Amount as defined in the Issuer Master
Definitions Schedule relating to that Issuer;

"Issuer Reserve Fund" means, in relation to the First Issuer, the First Issuer
Reserve Fund, in relation to the Second Issuer, the Second Issuer Reserve Fund
and in relation to any New Issuer, the Current Issuer Reserve Fund as defined
in the Issuer Master Definitions Schedule relating to that Issuer, in

                                      33
<PAGE>

each case established in the name of Funding in respect of such Issuer as
required under the terms of the relevant Intercompany Loan of such Issuer on
the relevant Closing Date in an amount equal to the Issuer Reserve Required
Amount;

"Issuer Reserve Fund Ledger" means, in relation to the First Issuer, the First
Issuer Reserve Fund Ledger, in relation to the Second Issuer, the Second
Issuer Reserve Fund Ledger and in relation to any New Issuer, the Current
Issuer Reserve Fund Ledger as defined in the Issuer Master Definitions
Schedule relating to that Issuer, in each case maintained by the Cash Manager
in the name of Funding to record the amount credited to the Issuer Reserve
Fund held by Funding in respect of such Issuer on the relevant Closing Date,
and subsequent withdrawals and deposits in respect of the Issuer Reserve Fund;

"Issuer Reserve Required Amount" means, in relation to the First Issuer, the
First Issuer Reserve Required Amount (as defined in the Issuer Master
Definitions Schedule relating to the First Issuer), in relation to the Second
Issuer, the Second Issuer Reserve Required Amount (as defined in the Issuer
Master Definitions Schedule relating to the Second Issuer) and in relation to
any New Issuer, the Current Issuer Reserve Required Amount (as defined in the
Issuer Master Definitions Schedule relating to that New Issuer) in each case
required to be maintained in the Issuer Reserve Fund of such Issuer;

"Issuer Reserve Requirement" means a requirement that will be satisfied in
respect of any Issuer if, after taking account of the application of any
Funding Available Revenue Receipts to the credit of the Issuer Reserve Fund
Ledgers, the amount of funds in the Issuer Reserve Fund of such Issuer is
equal to the relevant Issuer Reserve Required Amount;

"Issuer Secured Creditors" means, in relation to the First Issuer, the Second
Issuer and the Third Issuer, the First Issuer Secured Creditors, the Second
Issuer Secured Creditors and the Third Issuer Secured Creditors respectively
and in relation to any New Issuer, the Current Issuer Secured Creditors as
defined in the Issuer Master Definitions Schedule relating to that New Issuer;

"Issuer Security" means in relation to the First Issuer, the First Issuer
Security and in relation to any New Issuer, the security created by such
Issuer pursuant to the relevant Issuer Deed of Charge in favour of the Note
Trustee for the benefit of the Issuer Secured Creditors;

"Issuer Senior Notes" means:

(a)  in relation to the First Issuer, the Series 1 Class A Notes and the
     Series 2 Class A Notes as defined in the Issuer Master Definitions
     Schedule relating to the First Issuer,

(b)  in relation to the Second Issuer, the Series 1 Class A Notes, the Series
     2 Class A Notes as defined in the Issuer Master Definitions Schedule
     relating to the Second Issuer, and

(c)  in relation to any other Issuer, the Senior Notes as defined in the
     relevant Issuer Master Definitions Schedule;

"Issuer Special Notes" means:

(a)  in relation to the Second Issuer, the Series 2 Class D Notes as defined
     in the Issuer Master Definitions Schedule relating to the First Issuer,

(b)  in relation to any other Issuer (other than the First Issuer), the
     Special Notes as defined in the relevant Issuer Master Definitions
     Schedule;

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<PAGE>

"Issuer Start-up Loan Agreement" means, in relation to any Issuer, the
agreement entered into on or about the Closing Date in relation to that Issuer
between Funding, the relevant Start-up Loan Provider and the Security Trustee
relating to the provision of the Issuer Start-up Loan to Funding as may be
amended, restated, novated, varied or supplemented from time to time and shall
include any additional and/or replacement start-up loan agreement entered into
by such parties in accordance with the Transaction Documents;

"Issuer Start-up Loan Provider" means Northern Rock, in its capacity as
provider of an Issuer Start-up Loan and/or such other person or persons for
the time being the lender under the relevant Issuer Start-up Loan Agreement;

"Issuer Transaction Accounts" means, in relation to the First Issuer, the
Second Issuer and the Third Issuer, the First Issuer Transaction Accounts, the
Second Issuer Transaction Accounts and the Third Issuer Transaction Accounts
and in relation to any New Issuer, the Current Issuer Transaction Accounts as
defined in the Issuer Master Definitions Schedule relating to that Issuer;

"Issuer Transaction Documents" means, in relation to the First Issuer, the
Second Issuer and the Third Issuer, the First Issuer Transaction Documents,
the Second Issuer Transaction Documents and the Third Issuer Transaction
Documents and in relation to any New Issuer, the Current Issuer Transaction
Documents as defined in the Issuer Master Definitions Schedule relating to
that Issuer;

"Jersey Account Bank" means Lloyds TSB Bank plc, Jersey International Branch,
4 Bond Street, St Helier, Jersey JE4 8ZE, Channel Islands;

"Jersey Secured Property" means, as the context requires, the Issuer Jersey
Secured Property or the Funding Jersey Secured Property;

"Jersey Security Law" has the meaning given to it in Clause 3.1 (Trust
Property) of the Funding Deed of Charge;

"Lending Criteria" means the lending criteria of the Seller in respect of
Mortgage Loans other than Personal Secured Loans which may be amended from
time to time (forming part of the Seller's Policy) which as at 1 January 2004
is set out in Schedule 12 (Lending Criteria) to the Mortgage Sale Agreement
and/or such other criteria as would be acceptable to a reasonable, prudent
mortgage lender. Lending Criteria for Personal Secured Loans are generally
similar though not as extensive as the Lending Criteria applicable to other
Mortgage Loans;

"LIBOR" means, unless stated otherwise, the London inter-bank offered rate for
deposits in the relevant currency, as determined by the relevant Agent Bank in
respect of the related Notes as specified in the Conditions or otherwise on
the following basis:

(1)  on the applicable Interest Determination Date the Agent Bank will
     determine the offered quotation to leading banks for deposits in the
     relevant currency for a period equal to the relevant period, to be
     determined by reference to the display as quoted on the
     Dow-Jones/Telerate Page No. 3750. If the Telerate Page No. 3750 stops
     providing these quotations, the replacement page for the purposes of
     displaying this information will be used. If the replacement page stops
     displaying the information, another service as determined by the relevant
     Issuer with the approval of the Note Trustee will be used. In each of
     these cases, such determination will be made as at or about 11.00 a.m.
     (London time) on such date;

(2)  if, on any such Interest Determination Date, the screen rate is
     unavailable, the Agent Bank

                                      35
<PAGE>

     will:

(a)  request the principal London office of each of the Reference Banks to
     provide the Agent Bank with its offered quotation to leading banks for
     deposits in the relevant currency of the equivalent amount, and for a
     time equal to the relevant period, in the London inter-bank market as at
     or about 11.00 a.m. (London time) on such date; and

(b)  calculate the arithmetic mean, rounded upwards to five decimal places, of
     those quotations;

(3)  if on any such Interest Determination Date, the screen rate is
     unavailable and only two or three of the Reference Banks provide offered
     quotations, the relevant rate for the relevant period will be the
     arithmetic mean of the quotations as calculated in (2); and

(4)  if fewer than two Reference Banks provide quotations, the Agent Bank will
     consult with the Note Trustee and the relevant Issuer for the purpose of
     agreeing a total of two banks to provide such quotations and the relevant
     rate for the relevant period will be the arithmetic mean of the
     quotations as calculated in (2). If no such banks agree then the relevant
     rate for the relevant period will be the rate in effect for the last
     preceding such period for which (1) or (2) was applicable;

"Life Policy" means each life insurance and/or assurance policy which serves
as collateral security for the repayment of a Mortgage Loan;

"Lloyds TSB" means Lloyds TSB Bank plc;

"Lloyds TSB Collection Account" means the account in the name of Northern Rock
as Administrator (sort code 30/00/02, account number 0893639) held with Lloyds
TSB Bank plc and maintained subject to the terms of the Collection Bank
Agreement or such additional or replacement account as may for the time being
be in place;

"Loan Repurchase Notice" means the notice served upon the Seller by the
Mortgages Trustee or upon the Mortgages Trustee by the Seller requiring the
repurchase by or re-transfer to (pursuant to Clause 8.4 (Repurchase) of the
Mortgage Sale Agreement) or purchase by or transfer to (pursuant to Clause 8.5
(Purchase of Product Switches, Further Advances and purchases relating to
Personal Secured Loans) of the Mortgage Sale Agreement) the Seller of
specified Mortgage Loans and their Related Security, as set forth in Schedule
7 to the Mortgage Sale Agreement;

"London Business Day" means a day (other than a Saturday or Sunday or public
holiday) on which banks are generally open for business in London;

"London Stock Exchange" means at any time the London Stock Exchange plc or any
other Person which at that time administers and manages the primary market in
the United Kingdom upon which the Notes are formally admitted for public
trading;

"Losses" means the realised losses experienced on the Mortgage Loans which are
in the Mortgages Portfolio;

"Losses Ledger" means the ledger of such name created and maintained by the
Cash Manager in the name of the Mortgages Trustee pursuant to the Cash
Management Agreement to record the Losses on the Mortgage Portfolio;

"LTV ratio" or "loan-to-value ratio" means , in respect of any Mortgage Loan
assigned to the Mortgages Trust, the ratio of the outstanding balance of such
Mortgage Loan to the value of the

                                      36
<PAGE>

Mortgaged Property securing such Mortgage Loan; and in respect of the Seller's
decision as to whether to make a mortgage loan to a prospective borrower and
for purposes of determining whether a MIG Policy is necessary in connection
with a mortgage loan, the ratio of the outstanding balance of such mortgage
loan to the lower of the purchase price or valuation of the mortgages property
securing such mortgage loan as determined by the relevant valuation by the
Seller;

"LTV tests" mean two tests which assign a credit enhancement value (i) to each
Mortgage Loan in the Mortgage Portfolio based on its current LTV ratio and the
amount of mortgage indemnity cover on that Mortgage Loan, and (ii) calculated
to include any related unsecured portion of a Mortgage Loan in respect of the
Together product based on its current LTV ratio and the amount of mortgage
indemnity cover on that mortgage loan. The weighted average credit enhancement
value of the Mortgage Portfolio is then determined;

"Mandates" means the resolutions, instructions and signature authorities
relating to any of the Barclays Collection Account, the Lloyds TSB Collection
Account, the Mortgages Trustee Bank Accounts, the Funding Bank Accounts and
the Issuer Transaction Accounts in the respective forms agreed between the
relevant parties from time to time in accordance with the Collection Bank
Agreement, the Bank Account Agreement, the relevant Funding (Issuer) Bank
Account Agreement and the relevant Issuer Bank Account Agreement, as
applicable;

"Master Definitions Schedule" means this Master Definitions Schedule signed
for the purposes of identification by Brown & Wood and Clifford Chance Limited
Liability Partnership on or about the Initial Closing Date, as the same may be
amended, varied or supplemented from time to time, which is a schedule of the
definitions used in the Transaction Documents;

"MHA Documentation" means an affidavit, consent or renunciation granted in
terms of the Matrimonial Homes (Family Protection) (Scotland) Act 1981 in
connection with a Scottish Mortgage or the Mortgaged Property secured thereby;

"MIG Policies" means the MIG insurance policy identified in paragraph 1 of
Schedule 4 (Insurance Contracts) to the Mortgage Sale Agreement and any
endorsements or extensions thereto as issued from time to time and any
additional, replacement or substitute MIG insurance policy which relates to
the Mortgage Loans in the Mortgages Portfolio from time to time;

"Minimum Seller Share" means an amount included in the Initial Seller Share
which is calculated in accordance with Clause 9.2 (Fluctuation of Minimum
Seller Share on each Distribution Date) of the Mortgages Trust Deed and which,
as at the Initial Closing Date is (GBP)50,000,000. The Minimum Seller Share
may be recalculated in accordance with the Mortgages Trust Deed;

"Money Market Notes" means, in respect of any Issuer, the Money Market Notes
as defined in the relevant Issuer Master Definitions Schedule and eligible for
purchase by money market funds under Rule 2a-7 of the US Investment Company
Act of 1940, as amended;

"Monthly Payment" means, in respect of a Mortgage Loan, the amount which the
applicable Mortgage Conditions require a Borrower to pay on a Monthly Payment
Date in respect of such Mortgage Loan;

"Monthly Payment Date" means, in respect of a Mortgage Loan, the date in each
month on which the relevant Borrower is required to make a payment of interest
and, if applicable, principal, in respect of such Mortgage Loan, as required
by the applicable Mortgage Conditions;

                                      37
<PAGE>

"Moody's" means Moody's Investors Services Inc. and includes any successor to
its rating business;

"Mortgage" means (i) in respect of any Mortgage Loan in the Mortgage Portfolio
(other than Personal Secured Loans), the first priority charge by way of legal
mortgage (in relation to English Mortgage Loans) or first ranking standard
security (in relation to Scottish Mortgage Loans), in each case which secures
the repayment of that Mortgage Loan including the Mortgage Conditions
applicable to it; and (ii) in respect of any Personal Secured Loan in the
Mortgage Portfolio, the second priority or lower ranking legal charge over
English Properties or the second or lower ranking standard security over
Scottish Properties;

"Mortgage Account" means as the context requires (i) all Mortgage Loans
secured on the same Mortgaged Property and thereby forming a single mortgage
account or (ii) an account maintained by the Administrator in respect of a
particular Mortgage Loan to record all amounts due in respect of that Mortgage
Loan (whether by way of principal, interest or otherwise) and all amounts
received in respect thereof;

"Mortgage Conditions" means, in relation to a Mortgage Loan, the terms and
conditions applicable to that Mortgage Loan and its Related Security as set out
in the relevant Seller's "Mortgage Conditions" booklet and the Seller's relevant
general conditions from time to time as varied by the relevant Mortgage Loan
Agreement and the relevant Mortgage Deed, and any variation or supplement
thereto;

"Mortgage Deed" means, in relation to each Mortgage, the deed creating such
Mortgage including, unless the context otherwise requires, the Mortgage
Conditions applicable thereto;

"Mortgage Loan" means unless specified otherwise any mortgage loan (including
for the avoidance of doubt any Personal Secured Loan) and any Permitted
Replacement Mortgage Loan which is sold and assigned by the Seller to the
Mortgages Trustee from time to time pursuant to the terms of the Mortgage Sale
Agreement and referenced by its mortgage loan identifier number and comprising
the aggregate of all principal sums, interest, costs, charges, expenses and
other monies (including all Further Advances) due or owing with respect to
that Mortgage Loan under the relevant Mortgage Conditions by a Borrower on the
security of a Mortgage from time to time outstanding or, as the context may
require, the Borrower's obligations in respect of the same;

"Mortgage Loan Agreement" means, in relation to any Mortgage Loan, the
agreement, facility letter or accepted offer of advance pursuant to which the
monies secured by the relevant Mortgage were advanced to the Borrower (as
varied from time to time in accordance with the applicable Mortgage Conditions
and including any modifying agreement within the meaning of Section 82 of the
Consumer Credit Act 1974 insofar as it relates to that Mortgage Loan);

"Mortgage Loan Files" means, in relation to each Mortgage Loan, the file or
files (including files kept in microfiche format or similar electronic data
retrieval system) containing correspondence between the Borrower and the
Seller and including the Standard Mortgage Documentation applicable to that
Mortgage Loan, each letter of offer in respect of such Mortgage Loan and other
relevant documents;

"Mortgage Portfolio" means, on any particular date, the combined Initial
Mortgage Portfolio and any New Mortgage Portfolio which has been sold and
assigned to the Mortgages Trustee on such date pursuant to the Mortgage Sale
Agreement, taking account of, among other things, the addition and/or removal
of any Mortgage Loans to or from that portfolio from the relevant Closing Date
but

                                      38
<PAGE>

excluding any Mortgage Loan and its Related Security which has been redeemed
in full or repurchased by the Seller pursuant to Clause 8 (Warranties and
Repurchase by the Seller) of the Mortgage Sale Agreement;

"Mortgage Rate" means the rate at which interest accrues on a Mortgage Loan
from time to time;

"Mortgage Sale Agreement" means the mortgage sale agreement entered into on or
about the Initial Closing Date among the Seller, the Mortgages Trustee,
Funding and the Security Trustee in relation to the assignment from time to
time of the Mortgage Portfolio to the Mortgages Trustee as may be amended,
restated, novated, varied or supplemented from time to time and shall include
any additional and/or replacement mortgage sale agreement entered into by such
parties from time to time in accordance with the Transaction Documents;

"Mortgage Terms" means, in relation to a Mortgage Loan and the relevant
Mortgage, the applicable Mortgage Conditions;

"Mortgaged Property" means, in relation to any Mortgage Loan, the freehold or
leasehold property in England and Wales or (as applicable) the heritable or
long leasehold property in Scotland and, in each case, all rights and security
attached or appurtenant or related thereto and all buildings and fixtures
thereon which are subject to the Mortgage securing repayment of such Mortgage
Loan;

"Mortgagee" means, in relation to any Mortgage Loan, the person for the time
being entitled to exercise the rights of the mortgagee or (in Scotland)
Heritable Creditor under the relevant Mortgage securing repayment of such
Mortgage Loan;

"Mortgages Trust" means the bare trust of the Trust Property as to both
capital and income, held by the Mortgages Trustee on trust absolutely for
Funding (as to the Funding Share) and the Seller (as to the Seller Share)
pursuant to the Mortgages Trust Deed so that each Beneficiary has an undivided
beneficial interest therein;

"Mortgages Trust Deed" means the mortgages trust deed entered into among the
Mortgages Trustee, Funding and the Seller on 26 March 2001 as may be amended,
restated, novated, varied or supplemented from time to time and shall include
any additional and/or replacement mortgage trust deed entered into by such
parties from time to time in accordance with the Transaction Documents;

"Mortgages Trustee" means Granite Finance Trustees Limited, a company
incorporated with limited liability under the laws of Jersey, registered
number 79309;

"Mortgages Trustee Available Revenue Receipts" means on any Distribution Date
an amount equal to the aggregate of (in each case in the period prior to the
end of the immediately preceding Trust Calculation Period):

(a)  Revenue Receipts received by the Mortgages Trustee (which shall include,
     in respect of any Non-Flexible Mortgage Loan only, the amount of any
     Overpayment made by the Borrower in respect of such Mortgage Loan as is
     equal to the amount of any Underpayment of interest made by such Borrower
     in respect of such Mortgage Loan in the immediately preceding Trust
     Calculation Period provided that such Underpayment of interest is made
     prior to 31 December in the year in which such Overpayment is received
     from the Borrower),

(b)  interest payable to the Mortgages Trustee on the Mortgages Trustee Bank
     Accounts, which will be received on or prior to the relevant Distribution
     Date, and

(c)  any Contribution paid by the Seller to the Mortgages Trustee to fund any
     Non-Cash Re-Draw

                                      39
<PAGE>

     in respect of any Flexible Mortgage Loan, less

(d)  Third Party Amounts, and

(e)  amounts distributed on each previous Distribution Date in accordance with
     the Mortgages Trust Distribution of Revenue Receipts

PROVIDED THAT Revenue Receipts in paragraph (a) above shall for this purpose
include such amount of any Overpayment made by a Borrower in respect of a
Non-Flexible Mortgage Loan and standing to the credit of the Overpayments
Ledger as is applied on such date in reduction of any Underpayment of Interest
made by such Borrower in respect of such Mortgage Loan in the immediately
preceding Trust Calculation Period (provided that such Underpayment of
Interest is made prior to 31 December in the year in which such Overpayment is
received from the Borrower) in accordance with Clause 13.1 (Non-Flexible
Mortgage Loans) of the Mortgages Trust Deed;

"Mortgages Trustee Bank Accounts" means the Mortgages Trustee Transaction
Account and the Mortgages Trustee GIC Account;

"Mortgages Trustee Collection Accounts Amounts" means all amounts from time to
time standing to the credit of the Collection Accounts to the extent that such
amounts represent payments into the Collection Accounts of sums derived or
resulting from the Mortgage Loans and their Related Security sold to the
Mortgages Trustee pursuant to the Mortgage Sale Agreement;

"Mortgages Trustee Distribution of Principal Receipts" means the order in
which the Cash Manager will apply the Mortgages Trustee Principal Receipts on
each Distribution Date, as set forth in Clause 11 (Distribution of Principal
Receipts) of the Mortgages Trust Deed;

"Mortgages Trustee Distribution of Revenue Receipts" means the order in which
the Cash Manager will apply the Mortgages Trustee Available Revenue Receipts
on each Distribution Date, as set forth in Clause 10 (Distribution of Revenue
Receipts) of the Mortgages Trust Deed;

"Mortgages Trustee GIC Account Mandate" means the resolutions, instructions
and signature authorities relating to the Mortgages Trustee GIC Account
substantially in the form set out in Schedule 1 to the Bank Account Agreement;

"Mortgages Trustee GIC Account" means the account in the name of the Mortgages
Trustee (sort code 30-00-59, account number 00000000, reference 1322000) held
at Northern Rock and maintained subject to the terms of Mortgages Trustee
Guaranteed Investment Contract and the Bank Account Agreement and such
additional or replacement bank accounts of the Mortgages Trustee as may for
the time being be in place with the prior consent of the Security Trustee;

"Mortgages Trustee GIC Provider" means Northern Rock or such other person or
persons as are for the time being the GIC Provider to the Mortgages Trustee
under the Mortgages Trustee Guaranteed Investment Contract;

"Mortgages Trustee Guaranteed Investment Contract" means the guaranteed
investment contract dated on or about the Initial Closing Date between the
Mortgages Trustee, the Mortgages Trustee GIC Provider, the Security Trustee
and the Cash Manager under which the Mortgages Trustee GIC Provider agrees to
pay the Mortgages Trustee a guaranteed rate of interest on the balance of the
Mortgages Trustee GIC Account from time to time as may be amended, restated,
novated, varied or

                                      40
<PAGE>

supplemented from time to time and shall include any additional and/or
replacement guaranteed investment contract entered into by the Mortgages
Trustee from time to time in accordance with the Transaction Documents;

"Mortgages Trustee Ledgers" means all of the ledgers as are required to be
maintained pursuant to Clause 15 (Ledgers) of the Mortgages Trust Deed;

"Mortgages Trustee Principal Priority of Payments" means the order in which
the Cash Manager will apply the Mortgages Trustee Principal Receipts on each
Distribution Date, as set forth in Clause 11 (Distribution of Principal
Receipts) of the Mortgages Trust Deed;

"Mortgages Trustee Principal Receipts" means, on any Distribution Date, any
Mortgages Trustee Retained Principal Receipts plus the Principal Receipts
received by the Mortgages Trustee in the immediately preceding Trust
Calculation Period which may be distributed, subject to Clause 13
(Overpayments) of the Mortgages Trust Deed, in accordance with Clause 11 of
the Mortgages Trust Deed;

"Mortgages Trustee Priority of Payments" means, as applicable, the Mortgages
Trustee Revenue Priority of Payments or the Mortgages Trustee Principal
Priority of Payments;

"Mortgages Trustee Retained Principal Receipts" means on a Seller Share Event
Distribution Date, the Mortgages Trustee Principal Receipts which are not
distributed to the Seller by the Cash Manager and which are instead deposited
into the Mortgages Trustee GIC Account pursuant to the Mortgages Trust Deed;

"Mortgages Trustee Revenue Priority of Payments" means the order in which the
Cash Manager will apply the Mortgages Trustee Available Revenue Receipts on
each Distribution Date, as set forth in Clause 10 (Distribution of Revenue
Receipts) of the Mortgages Trust Deed;

"Mortgages Trustee Transaction Account" means the account in the name of the
Mortgages Trustee (sort code 30/16/63, account number 27033010) held at the
Account Bank and maintained subject to the terms of the Bank Account
Agreement, or such additional or replacement bank account of the Mortgages
Trustee as may for the time being be in place;

"Mortgages Trustee Transaction Account Mandate" means the resolutions,
instructions and signature authorities relating to the Mortgages Trustee
Transaction Account substantially in the form set out in Schedule 1 to the
Bank Account Agreement;

"New Closing Date" means the date of any issue of New Notes by a New Issuer;

"New Funding Secured Creditor" means any person identified as such in any Deed
of Accession executed pursuant to the Funding Deed of Charge by such person
and the other parties thereto;

"New Intercompany Loan" means a loan of the net proceeds of any issue of New
Notes, such loan being advanced to Funding by a New Issuer pursuant to the
terms of a New Intercompany Loan Agreement;

"New Intercompany Loan Agreement" means a new intercompany loan agreement
entered into between Funding and a New Issuer in relation to a New
Intercompany Loan;

"New Issuer" means a new wholly-owned subsidiary of Funding, which is
established to issue New Notes and to make a New Intercompany Loan to Funding;

"New Mortgage Loans" means Mortgage Loans, other than the Initial Mortgage
Loans, which the

                                      41
<PAGE>

Seller may sell and assign, from time to time, to the Mortgages Trustee after
the Initial Closing Date pursuant to the Mortgage Sale Agreement;

"New Mortgage Portfolio" means any portfolio of Mortgage Loans and their
Related Security which are sold and assigned to the Mortgages Trustee on or
about the relevant Assignment Date, particulars of which are set out in the
Schedule to each New Mortgage Portfolio Notice delivered pursuant to the
Mortgage Sale Agreement but excluding any such Mortgage Loan and its Related
Security which has been redeemed in full on or before the relevant Assignment
Date, and (subject where applicable to the subsisting rights of redemption of
the Borrowers) all right, title, interest and benefit of the Seller in and to:

(a)  all sums of principal, interest (including, for the avoidance of doubt,
     all Accrued Interest, Arrears of Interest and Capitalised Arrears) and
     any other sum due or to become due under or in respect of such Mortgage
     Loans and their Related Security on or after such Closing Date and all
     sums of interest and other sums payable (but not paid before such Closing
     Date) in respect of any period before such Closing Date and including,
     without limitation, the right to demand, sue for, recover and give
     receipts for all such principal, interest or other amounts, the right to
     sue on all covenants and undertakings made or expressed to be made in
     favour of the Seller under the applicable Mortgage and all sums due or to
     become due in respect of any Early Repayment Charge;

(b)  the benefit of all securities for such principal, interest and other sums
     payable (including without limitation any interest of the Seller in any
     Life Policy), the benefit of all Deeds of Consent, MHA Documentation and
     Deeds of Postponement, any Guarantee in respect of such Mortgage Loan or
     any other collateral security for the repayment of the relevant Mortgage
     Loans secured by the Mortgages;

(c)  the right to exercise all the powers of the Seller in relation thereto
     subject to and in accordance with the relevant Mortgage Conditions;

(d)  all the estate and interest in the Mortgaged Properties in relation
     thereto vested in the Seller;

(e)  to the extent they are assignable, each Certificate of Title and
     Valuation Report and any right of action of the Seller against any
     solicitor, valuer or other person in connection with any report,
     valuation, opinion, certificate or other statement of fact or opinion
     given in connection with any Mortgage Loan and its Related Security in
     that portfolio of Mortgage Loans, or any part thereof or affecting the
     decision of the Seller to make or offer to make the relevant Mortgage
     Loan or part thereof;

(f)  the Buildings Policies and Insurance Contracts, in each case so far as
     they relate to such Mortgage Loans comprised in that portfolio of
     Mortgage Loans and their Related Security, including the right to receive
     the proceeds of all claims made or to be made by or on behalf of the
     Seller or to which the Seller is or may become entitled;

(g)  the MIG Policies, so far as they relate to such Mortgage Loans comprised
     in that portfolio of Mortgage Loans and their Related Security, including
     the right to receive of all claims made or to be made by or on behalf of
     the Seller or to which the Seller is or may become entitled;

"New Notes" means the notes issued and/or to be issued by the New Issuers to
investors;

"New Start-Up Loan" means a start-up loan made by a New Start-Up Loan Provider
to Funding

                                      42
<PAGE>

under a New Start-Up Loan Agreement;

"New Start-Up Loan Agreement" means any new start-up loan agreement entered
into from time to time between Funding and a New Start-Up Loan Provider
pursuant to which a New Start-Up Loan is advanced to Funding;

"New Start-Up Loan Provider" means the lender under any New Start-Up Loan
Agreement;

"New Trust Property" means, as the context requires, each New Mortgage
Portfolio from time to time sold and assigned by the Seller to the Mortgages
Trustee or as of any Closing Date the New Mortgage Portfolio sold and assigned
to the Mortgages Trustee on such date or as of any Distribution Date, any and
all New Mortgage Portfolios assigned by the Seller to the Mortgages Trustee
during the immediately preceding Trust Calculation Period;

"New York Business Day" means a day (other than a Saturday or a Sunday or
public holiday) on which banks are generally open in the city of New York;

"Non-Asset Trigger Event" means the occurrence of any of the following events:

(a)  an Insolvency Event occurs in relation to the Seller;

(b)  the role of the Seller as Administrator under the Administration
     Agreement is terminated and a new Administrator is not appointed within
     60 days; or

(c)  on the Distribution Date immediately succeeding a Seller Share Event
     Distribution Date, the Current Seller Share is equal to or less than the
     Minimum Seller Share (determined using the amounts of the Current Seller
     Share and Minimum Seller Share that would exist after making
     distributions of Mortgages Trustee Principal Receipts due on that
     Distribution Date on the basis that the Cash Manager assumes that those
     Mortgages Trustee Principal Receipts are distributed in the manner
     described under the Mortgages Trustee Principal Priority of Payments set
     forth in Clause 11.1 of the Mortgages Trust Deed;

"Non-Cash Re-Draw" means an Authorised Underpayment or a Payment Holiday under
a Flexible Mortgage Loan included in the Mortgages Trust, which will result in
the Seller being required to pay to the Mortgages Trustee an amount equal to
the Unpaid Interest associated with that Authorised Underpayment or Payment
Holiday;

"Non-Cash Re-Draws Sub Ledger" means the sub-ledger of the Re-Draws Ledger,
which will be established by the Cash Manager on the Initial Closing Date in
order to record any Non-Cash Re-Draws made with respect to Flexible Mortgage
Loans;

"Non-Flexible Mortgage Loan" means a Mortgage Loan other than a Flexible
Mortgage Loan;

"Non-Flexible Overpayments Sub Ledger" means the sub-ledger of the
Overpayments Ledger corresponding to Non-Flexible Mortgage Loans, which will
be established by the Cash Manager on the Initial Closing Date in order to
record any Overpayments made with respect to Non-Flexible Mortgage Loans;

"Non-Flexible Underpayments Ledger" means the ledger maintained by the Cash
Manager in the name of the Mortgages Trustee pursuant to the Cash Management
Agreement to record any Underpayments made with respect to Non-Flexible
Mortgage Loans in the Mortgages Trust from time to time;

"Northern Rock Collection Accounts Amounts" means all amounts from time to
time standing to

                                      43
<PAGE>

the credit of the Collection Accounts to the extent that such amounts
represent payments into the Collection Accounts of sums derived or resulting
from mortgage loans originated by Northern Rock which have not been sold to
the Mortgages Trustee pursuant to the Mortgage Sale Agreement;

"Northern Rock" means Northern Rock plc (registered number 3273685), a public
limited company incorporated under the laws of England and Wales, whose
registered office is at Northern Rock House, Gosforth, Newcastle upon Tyne NE3
4PL;

"Note Determination Date" means, in relation to the First Issuer, the First
Issuer Note Determination Date and in relation to any New Notes, the
Distribution Date immediately preceding the Payment Date;

"Note Enforcement Notice" means, in relation to the First Issuer, the First
Issuer Note Enforcement Notice and in relation to any New Issuer, a notice
issued by the Note Trustee to such Issuer and the Security Trustee declaring
the Notes issued by such Issuer or any class of such Notes to be due and
repayable pursuant to Conditions of such New Notes;

"Note Event of Default" means, in relation to the First Issuer, a First Issuer
Note Event of Default and in relation to any New Issuer, the occurrence of an
event of default by the relevant Issuer as specified in the relevant
Conditions of the Notes issued by such New Issuer;

"Noteholders" means, in relation to the First Issuer Notes, the Class A
Noteholders, the Class B Noteholders and the Class C Noteholders or any of
them and, in relation to any New Notes, the holders for the time being of such
New Notes;

"Note Principal Payment" means the principal amount redeemable from time to
time on each Note in accordance with the Conditions;

"Notes" means in relation to the First Issuer, the First Issuer Notes and, in
relation to any New Issuer, the New Notes issued by such New Issuer;

"Note Trustee" means The Bank of New York, or such person or persons for the
time being acting as note trustee or trustees under the Trust Deeds relating
to the Notes;

"Offer Conditions" means the terms and conditions applicable to a specified
Mortgage Loan as set out in the relevant offer letter to the Borrower;

"Official List" means the Official List maintained by the UK Listing
Authority;

"Operating Agreements" means the Administration Agreement, the Mortgage Sale
Agreement, the Seller's Power of Attorney and the Mortgages Trust Deed;

"Option Exercise Date" means the date on which the Post-Enforcement Call
Option Holder exercises its option to acquire all of the Notes outstanding as
at such date, together with accrued interest thereon;

"Outstanding Principal Balance" means:

(a)  in relation to any Note and as of any date, means the unpaid principal
     balance of that Note at such date; and

(b)  in relation to any Intercompany Loan and as of any date, means the unpaid
     principal balance of that Intercompany Loan at such date;

"Overpayment" means in respect of any Mortgage Loan, any additional amounts of
Principal

                                      44
<PAGE>

Receipts received in a month above the regular, scheduled Monthly Payment,
paid by the relevant Borrower which (a) is permitted by the terms of such
Mortgage Loan or by agreement with the Borrower and (b) reduces the Current
Balance of such Mortgage Loan;

"Overpayments Ledger" means the ledger of such name maintained by the Cash
Manager in the name of the Mortgages Trustee pursuant to the Cash Management
Agreement to record Overpayments on Mortgage Loans in the Mortgages Trust from
time to time which ledger will be sub-divided into two sub ledgers: (i) the
Non-Flexible Overpayments Sub Ledger corresponding to Overpayments made on
Non-Flexible Mortgage Loans, and (ii) the Flexible Overpayments Sub Ledger
corresponding to Overpayments made on Flexible Mortgage Loans;

"Paying Agent and Agent Bank Agreement" means, in relation to the First
Issuer, the First Issuer Paying Agent and Agent Bank Agreement and, in
relation to any New Issuer, has the meaning specified under the relevant
Issuer Transaction Documents;

"Paying Agents" means in relation to the First Issuer, the Principal Paying
Agent and the US Paying Agent initially appointed as paying agents pursuant to
the First Issuer Paying and Agent Bank Agreement and, in relation to any New
Issuer, the Principal Paying Agent and US Paying Agent appointed pursuant to
the Paying Agent and Agent Bank Agreement relating to that New Issuer or, if
applicable, any successor paying agents;

"Payment Date" means (i) in relation to any Group 1 Issuer, the twentieth day
of July, October, January and April in each year or, if such day is not a
Business Day, the next succeeding Business Day, and (ii) in relation to any
Group 2 Issuer, the twentieth day of March, June, September and December or,
if such day is not a Business Day, the next Succeeding Business Day, unless
otherwise indicated in the relevant Issuer Master Definitions Schedule for any
Issuer;

"Payment Holiday" means, in respect of any Flexible Mortgage Loan, a period of
one or more Monthly Payment Dates when the relevant Borrower under such
Mortgage Loan is permitted by the Seller in accordance with the relevant
Mortgage Conditions not to make its regular Monthly Payment;

"Perfection" means the perfection of the assignment and assignation of the
Mortgage Portfolio pursuant to and in accordance with Clause 6 (Perfection of
the Assignment) of the Mortgage Sale Agreement;

"Perfection Date" means the date of any Perfection;

"Perfection Event" means any of the events specified in Clause 6.1 (Perfection
Events) of the Mortgage Sale Agreement;

"Permitted Product Switch" means any variation in the financial terms and
conditions of a Mortgage Loan in which a Borrower exchanges its then-current
Mortgage Loan product for a different mortgage loan product offered by the
Seller or (in limited circumstances) the Administrator from time to time,
provided that such new mortgage loan for which the prior Mortgage Loan is to
be exchanged is a Permitted Replacement Mortgage Loan, and further provided
that no such product switch shall be permitted unless at the date of such
product switch each of the conditions set out in Clause 4.2 (Conditions to
Effecting an Assignment of New Mortgage Loans) of the Mortgage Sale Agreement
is satisfied (save to the extent that conditions (a), (c), (k), (n) and (o) of
such Clause must only be satisfied on the most recent Assignment Date for the
assignment of New Mortgage Loans to the Mortgages Trust);

"Permitted Replacement Mortgage Loan" means a mortgage loan (i) that is
subject to a variable

                                      45
<PAGE>

rate of interest, (ii) that has a Maturity Date prior to January 2039, and
(iii) upon which the related Borrower has made at least one Monthly Payment;

"Person" means a reference to any person, individual, corporation, limited
liability company, partnership, joint venture, association, joint-stock
company, trust, unincorporated organisation, governmental entity or other
entity of similar nature (whether or not having separate legal personality);

"Personal Secured Loan" means a Mortgage Loan for unrestricted purposes
offered to a Borrower who has an existing Mortgage Loan (other than a Personal
Secured Loan) with the Seller, which is secured on the same Mortgaged Property
which secures the Borrower's existing Mortgage Loan. Certain Personal Secured
Loans permit the Borrower to make Further Draws up to the fixed amount of
credit extended under the related Mortgage Conditions at the inception of the
Personal Secured Loan;

"Post-Enforcement Call Option Agreement" means the post-enforcement call
option agreement entered into on or about a Closing Date between the relevant
Issuer, the relevant Post-Enforcement Call Option Holder, the Note Trustee and
the Note Depository;

"Post-Enforcement Call Option Holder" means, in respect to the First Issuer,
GPCH Limited, a company incorporated with limited liability under the laws of
England and Wales, registered number 4128437, or such other person or persons
for the time being acting as post-enforcement call option holder under the
relevant Post-Enforcement Call Option Agreement, and, in relation to any New
Issuer, has the meaning specified under the relevant Issuer Master Definitions
Schedule;

"Potential Intercompany Loan Event of Default" means the occurrence of any
event which with the giving of notice, any relevant certificate, the lapse of
time or fulfilment of any other condition (or any combination of the
foregoing) would become an Intercompany Loan Event of Default;

"Potential Note Event of Default" means any condition, event or act which with
the lapse of time and/or the giving of any notice and/or determination of
materiality and/or fulfilment of any similar condition would constitute a Note
Event of Default;

"Previous Intercompany Loan" means a loan made by any Previous Issuer to
Funding on the Closing Date relating to such Previous Issuer under the
relevant Previous Intercompany Loan Agreement;

"Previous Intercompany Loan Agreement" means an intercompany loan agreement
entered into on the relevant Closing Date between, among others, Funding and a
Previous Issuer;

"Previous Issuer" means a wholly-owned subsidiary of Funding, which was
established to issue Previous Issuer Notes and to make a Previous Issuer
Intercompany Loan to Funding;

"Previous Issuer Notes" means the notes issued by any Previous Issuer;

"Previous Start-up Loan" means the start-up loan that any Previous Start-up
Loan Provider made available to Funding on the Closing Date relating to such
Previous Issuer pursuant to the relevant Previous Start-up Loan Agreement;

"Previous Start-up Loan Agreement" means a start-up loan agreement entered
into on the relevant Closing Date as amended from time to time between
Funding, the Previous Start-up Loan Provider and the Security Trustee;

                                      46
<PAGE>

"Previous Start-up Loan Provider" means Northern Rock in its capacity as
start-up loan provider under the relevant Previous Start-up Loan Agreement;

"Principal Deficiency Ledger" means, in relation to any Issuer, the ledger of
such name maintained by the Issuer Cash Manager pursuant to the Issuer Cash
Management Agreement, comprising such sub-ledgers as relate to the classes of
Notes of differing ratings issued by such Issuer as contemplated in the
relevant Issuer Cash Management Agreement;

"Principal Distribution" means, in relation to the Mortgages Trust, any
distribution by the Mortgages Trustee to any Beneficiary pursuant to Clause 11
(Distribution of Principal Receipts) or Clause 6.3 (Special Distribution) of
the Mortgages Trust Deed;

"Principal Directions" means, with respect to the Security Trustee, the
directions of the Note Trustee(s) for the Holders of the highest ranking class
of Notes outstanding (meaning the Class A Notes for so long as there are Class
A Notes outstanding and thereafter, the Class B Notes so long as there are no
Class A Notes outstanding and thereafter, the Class C Notes so long as there
are neither Class A Notes nor Class B Notes outstanding and thereafter, the
Class D Notes for so long as there are no Class A Notes, Class B Notes nor
Class C Notes outstanding;

"Principal Ledger" means the ledger maintained by the Cash Manager in the name
of the Mortgages Trustee pursuant to the Cash Management Agreement to record
any Mortgages Trustee Retained Principal Receipts plus the Principal Receipts
on the Mortgage Loans and distributions of such Principal Receipts to the
Seller and Funding on each Distribution Date;

"Principal Receipts" means, in relation to the Mortgages Trustee, any payment
in respect of principal received in respect of any Mortgage Loan, whether as
all or part of a Monthly Payment in respect of such Mortgage Loan, on
redemption (including partial redemption) of such Mortgage Loan, on
enforcement or on the disposal of such Mortgage Loan or otherwise (including
payments pursuant to any Insurance Policy)(and which may include the amount of
any Overpayment in respect of any Non-Flexible Mortgage Loan, but only to the
extent permitted by Clause 13.1 (Non-Flexible Mortgage Loans) of the Mortgages
Trust Deed, and which also may include the amount of any Further Contribution
made by Funding from time to time) and in relation to any distributions of
Principal Receipts which have been or are to be made on a Distribution Date,
Principal Receipts shall mean Mortgages Trustee Principal Receipts;

"Proceedings" means any suit, action or proceedings arising out of or in
connection with any of the Transaction Documents;

"Product Switch" means a variation to the financial terms and conditions of
any Mortgage Loan but excluding:

(a)  any variation in the financial terms and conditions of a Mortgage Loan
     involving a Permitted Product Switch;

(b)  variation agreed with a Borrower to control or manage arrears on a
     Mortgage Loan;

(c)  variation in the maturity date of a Mortgage Loan unless, while the First
     Issuer Intercompany Loan is outstanding, it is extended beyond January
     2039;

(d)  variation imposed by statute;

(e)  variation of the rate of interest payable in respect of Mortgage Loan
     where that rate is offered to the Borrowers of more than 10 per cent. by
     Current Balance of Mortgage Loans comprised

                                      47
<PAGE>

     in the Trust Property in any Interest Period;

(f)  a change between interest-only and repayment Mortgage Loans;

(g)  a transfer of equity; and/or

(h)  a release of a party to a Mortgage Loan or a release of part of the land
     subject to the Mortgage;

"Properties in Possession Policy" means the properties in possession insurance
policy identified in paragraph 2(e) of Schedule 4 (Insurance Contracts) to the
Mortgage Sale Agreement and any endorsements or extensions thereto as issued
from time to time and any additional, replacement or substitute properties in
possession insurance policy which relates to Mortgage Loans in the Mortgages
Trust from time to time;

"PS/FA/PSL Event" means the occurrence of either (i) confirmation from
Northern Rock that it will purchase the relevant Mortgage Loans which are
subject to any Further Advances or Product Switches (other than Re-Fixed
Mortgage Loans) in accordance with Clause 8.5 (Purchase of Product Switches
and Further Advances and purchases related to Personal Secured Loans) under
the Mortgage Sale Agreement, (ii) any Mortgage Loan becoming a Re-Fixed
Mortgage Loan, or (iii) Northern Rock making a Personal Secured Loan to the
Borrower of a Mortgage Loan;

"Purchase Price" means:

(a)  in respect of the Initial Mortgage Portfolio, the amount payable therefor
     by the Mortgages Trustee pursuant to Clause 3.2 (Purchase Price) of the
     Mortgage Sale Agreement; and

(b)  in respect of each New Mortgage Portfolio, the amount payable therefor by
     the Mortgages Trustee pursuant to Clause 4.5 (Purchase Price) of the
     Mortgage Sale Agreement;

"Rating Agencies" means S&P, Moody's and Fitch, and "Rating Agency" means any
of them;

"Receiver" means, in relation to the Funding Deed of Charge, any person or
persons appointed (and any additional person or persons appointed or
substituted) as an administrative receiver, receiver, manager, or receiver and
manager of the Funding Charged Property by the Security Trustee pursuant the
Funding Deed of Charge and in relation to any Issuer Deed of Charge, any
person or persons appointed (and any additional person or persons appointed or
substituted) pursuant thereto by the Note Trustee as an administrative
receiver, receiver, manager, or receiver and manager of the property charged
or secured under such Issuer Deed of Charge;

"Re-Draw" means either a Cash Re-Draw or a Non-Cash Re-Draw;

"Re-Draws Ledger" means the ledger maintained by the Cash Manager in the name
of the Mortgages Trustee pursuant to the Cash Management Agreement to record
Re-Draws on Flexible Mortgage Loans in the Mortgages Trust from time to time
which ledger shall be sub-divided into two sub ledgers: (i) the Non-Cash
Re-Draws Sub Ledger corresponding to Non-Cash Re-Draws and (ii) the Cash
Re-Draws Sub Ledger corresponding to Cash Re-Draws;

"Re-Fixed Mortgage Loan" means, as at any given date, a Mortgage Loan which on
or before such date had been a Fixed Rate Mortgage Loan in respect of which
the fixed period by reference to which the relevant fixed interest was charged
had come to an end, but as at or before that such date, the interest charged
under such Mortgage Loan was again fixed for a further fixed period by the
Seller or the Administrator as the case may be (following an election by the
Borrower) in accordance with the

                                      48
<PAGE>

original terms of the Fixed Rate Mortgage Loan;

"Registered Land" means land in England or Wales, title to which is registered
at H.M. Land Registry;

"Registered Transfer" means, in relation to Registered Land, a deed of
transfer of a Mortgage or Mortgages over registered land in the form referred
to in paragraph (a) of Clause 6.3 (Transfer Documents) of the Mortgage Sale
Agreement with such modifications as may be permitted from time to time in
accordance with such Clause;

"Registers of Scotland" means the Land Register of Scotland and/or the General
Register of Sasines;

"Reg S" means Regulation S under the United States Securities Act of 1933, as
amended;

"Reg S Global Note Certificates" or "Regulation S Global Note Certificates"
means the Global Note Certificates in registered form representing the Reg S
Notes;

"Reg S Individual Note Certificates" or "Regulation S Individual Note
Certificates" means the Individual Note Certificates in registered form
representing the Reg S Notes;

"Reg S Notes" means generally all Notes which are issued pursuant to Reg S and
in relation to an Issuer means the Notes issued or to be issued by that Issuer
pursuant to Reg S;

"Regulations" means as the context may require either (i) the Unfair Terms in
Consumer Contracts Regulations 1999 and/or, as applicable, the Unfair Terms in
Consumer Contracts Regulations 1994 or (ii) the Regulations set out in
Schedule 2 to the First Issuer Paying Agent and Agent Bank Agreement;

"Related Security" means, in relation to a Mortgage Loan, the security for the
repayment of such Mortgage Loan including the relevant Mortgage and all other
documents, matters and things related thereto acquired and referred to as part
of the Initial Mortgage Portfolio or, as the case may be, the New Mortgage
Portfolio, sold to the Mortgages Trustee pursuant to the Mortgage Sale
Agreement and which constitute all or part of the security for the payment of
all sums due in respect of such Mortgage Loan, including for the avoidance of
doubt, guarantees, MIG Policies and assignments and charges over Life
Policies;

"Relevant Distribution" has the meaning given to it in Clause 4.2
(Consideration) of the Mortgages Trust Deed;

"Relevant Deposit Amount" means the sum of the following:

(a)  either:

     (i)  prior to the Step-Up date in respect of any Notes (pursuant to the
          terms and conditions thereof) or if the Step-Up Date has occurred in
          respect of any Notes (pursuant to the terms and conditions thereof)
          and the option to redeem any Notes has been exercised by the
          applicable Issuer, an amount equal to:

          the Funding Share of the Trust Property (as most recently
          calculated)/the Funding share of the Trust Property on the relevant
          Closing Date) x (the outstanding balance in the Funding Reserve Fund
          plus the outstanding balance in the Issuer Reserve Fund (each as
          most recently calculated); or

     (ii) if an Issuer does not exercise its option to redeem its notes on the
          relevant Step-Up Date pursuant to the terms and conditions thereof,
          an amount equal to:

          the Funding Share of the Trust Property (as most recently
          calculated)/the Funding Share of the Trust property on the relevant
          Closing Date) x the outstanding balance in

                                      49
<PAGE>

          the Funding Reserve Fund plus the outstanding balance in the Issuer
          Reserve Fund (each as most recently calculated) x 2;

(b)  any amounts standing to the credit of the Funding GIC Account which will
     be applied on the next following payment date to pay amounts due under
     any Intercompany Loan which in turn will result in any Notes having
     ratings of "AAA", "AA", or "A-1+" from Standard & Poor's to be redeemed
     in whole or in part;

(c)  any amounts standing to the credit of the Mortgages Trustee GIC Account
     which will be distributed to Funding on the next following Distribution
     Date and which will be applied by Funding on the next following Payment
     Date to pay amounts due under any Intercompany Loan which in turn will
     result in any Notes having ratings of "AAA", "AA", or "A-1+" from
     Standard & Poor's to be redeemed in whole or in part; and

(d)  any other amounts standing to the credit of accounts maintained by the
     Mortgages Trustee. Funding or any Issuer with a bank and which would
     otherwise be required by Standard & Poor's to be rated "A-1+";

less any amounts invested in Authorized Investments or maintained in accounts
at a bank rated at least "A-1+" by Standard & Poor's;

"Repayment Mortgage Loan" means a Mortgage Loan in respect of which the
Borrower is under an obligation to the mortgagee to make monthly payments of
principal so that the whole principal (in addition to interest) is repaid by
the stated maturity date for that Mortgage Loan;

"Representations and Warranties" means the representations and warranties set
out in Schedule 1 (Representations and Warranties) to the Mortgage Sale
Agreement;

"Revenue Ledger" means the ledger maintained by the Cash Manager in the name
of the Mortgages Trustee pursuant to the Cash Management Agreement to record
Revenue Receipts received by the Mortgages Trustee and the payment of the same
on each Distribution Date in accordance with the terms of the Mortgages Trust
Deed;

"Revenue Receipts" means, in relation to the Mortgages Trustee, any payment
received in respect of any Mortgage Loan, whether as all or part of a Monthly
Payment in respect of such Mortgage Loan, on redemption (including partial
redemption) of such Mortgage Loan, on enforcement of such Mortgage Loan
(including the proceeds of sale thereof), on the disposal of such Mortgage
Loan or otherwise (including payments pursuant to any Insurance Policy) which
in any such case is not a Principal Receipt in respect of such Mortgage Loan;

"Right to Buy Mortgage Loan" means (i) in relation to an English Mortgage
Loan, a Mortgage Loan in respect of which the "right to buy" provisions of the
Housing Act 1985 apply (other than any Mortgage Loan in respect of which the
period during which the statutory charge referred to in section 156 of that
Act would have existed, had the relevant circumstances applied, has expired)
and (ii) in relation to a Scottish Mortgage Loan, a Mortgage Loan in respect
of which the "right to buy" provisions of the Housing (Scotland) Act 1987
apply (other than any Mortgage Loan in respect of the period during which the
seller's standard security referred to in section 72 of that Act remains in
effect has expired);

"Scottish Mortgage" means, in respect of any Mortgage Loan in the Mortgage
Portfolio, a Mortgage secured over a Scottish Property;

"Scottish Mortgage Loan" means each Mortgage Loan secured by a Scottish
Mortgage;

"Scottish Property" means a Mortgaged Property situated in Scotland;

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<PAGE>

"Scottish Transfer" means an assignation of a Scottish Mortgage or Mortgages
in the relevant form referred to in paragraphs (c) and (d) of Clause 6.3
(Transfer Documents) of the Mortgage Sale Agreement with such modifications as
may be permitted from time to time in accordance with such Clause;

"Scottish Trust" means, collectively, the trusts declared and created in terms
of each Scottish Trust Deed;

"Scottish Trust Deed" means a declaration of trust substantially in the form
set out in Schedule 11 to the Mortgage Sale Agreement declared by the Seller
in favour of the Mortgages Trustee over its whole right, title, benefit and
interest in and to the Scottish Trust Property specified therein;

"Scottish Trust Property" has the meaning given to it in each Scottish Trust
Deed and means, collectively, the whole trust property forming the subjects of
each such Scottish Trust Deed;

"S&P" and "Standard & Poor's" means Standard & Poor's Rating Services, a
division of The McGraw-Hill Companies, Inc., and includes any successor to its
rating business;

"SEC" means the United States Securities and Exchange Commission;

"Second Issuer" means Granite Mortgages 01-2 plc;

"Second Priority Funding Deed of Charge" means the deed of charge entered into
on or about 28 January 2004 between Funding and the Security Trustee as may be
amended, restated, novated, varied or supplemented from time to time;

"Securities Act" means the United States Securities Act of 1933, as amended;

"Security Documents" means the any Issuer Deed of Charge, the Funding Deed of
Charge, and each Deed of Accession entered into pursuant to the Funding Deed
of Charge, the Second Priority Funding Deed of Charge and any other security
document entered into pursuant to any of the foregoing;

"Security Interest" or "Encumbrance" means any mortgage or sub mortgage,
standard security, charge or sub charge (whether legal or equitable),
encumbrance, pledge, lien, hypothecation, assignment or assignation by way of
security or other security interest or title retention arrangement and any
agreement, trust or arrangement having substantially the same economic or
financial effect as any of the foregoing (other than a lien arising in the
ordinary course of business or by operation of law);

"Security Power of Attorney for Funding" means the power of attorney granted
by Funding in favour of the Security Trustee on the Initial Closing Date
pursuant to the Funding Deed of Charge;

"Security Trustee" means, The Bank of New York, whose principal office is at
48th Floor, One Canada Square, London E14 5AL, or such other persons and all
other persons for the time being acting as the security trustee or security
trustees pursuant to the Funding Deed of Charge;

"Seller" means Northern Rock plc;

"Seller Share Event" means the event which will occur if, on a Distribution
Date, (i) the result of the calculation of the Current Seller Share for such
Distribution Date would be equal to or less than the Minimum Seller Share for
such Distribution Date (determined using the amounts of the Current Seller
Share and Minimum Seller Share that would exist after making the distributions
of Mortgages Trustee Principal Receipts due in that Distribution Date on the
basis that the Cash Manager assumes that those Mortgages Trustee Principal
Receipts are distributed in the manner described under the Mortgages

                                      51
<PAGE>

Trustee Principal Priority of Payments set forth in Clause 11.1 of the
Mortgages Trust Deed, and (ii) a Seller Share Event has not occurred on the
immediately preceding Distribution Date;

"Seller Share Distribution Date" means a Distribution date on which a Seller
Share Event occurs;

"Seller Share" means, prior to the first Distribution Date, the Initial Seller
Share and thereafter, shall mean the Current Seller Share;

"Seller Share Ledger" means a ledger which shall record the Seller Share of
the Trust Property and the Seller Share Percentage;

"Seller Share Percentage" means, prior to the first Distribution Date, the
Initial Seller Share Percentage and thereafter shall mean the Current Seller
Share Percentage;

"Seller's Policy" means the originating, lending and underwriting,
administration, arrears and enforcement policies and procedures which are
applied from time to time by the Seller to mortgage loans and the security for
their repayment which are beneficially owned solely by the Seller and which
may be amended by the Seller from time to time;

"Seller's Power of Attorney" means the power of attorney granted by the Seller
in favour of Funding, the Mortgages Trustee and the Security Trustee on the
Initial Closing Date, substantially in the form set out in Schedule 10 (Power
of Attorney in favour of the Mortgages Trustee, Funding and the Security
Trustee) to the Mortgage Sale Agreement;

"Series" in relation to any Notes issued by any Issuer has the meaning given
to it in the relevant Issuer Master Definitions Schedule;

"Services" has the meaning set out in Clause 3.1 (General) of the
Administration Agreement;

"Share Trust Deed" means the share trust deed dated 23 January 2001 between
the Share Trustee and Holdings as has been and may be amended, restated,
novated, varied or supplemented from time to time;

"Share Trustee" means The Law Debenture Intermediary Corporation P.L.C. as
share trustee under the Share Trust Deed;

"Shortfall" or "Interest Rate Shortfall" means, as of any Payment Date and in
respect of Funding, a deficiency of Funding Available Revenue Receipts over
the amounts due by Funding under the Funding Pre-Enforcement Revenue Priority
of Payments on such Payment Date, and, as of any Payment Date and in respect
of any Issuer, the deficiency of Issuer Allocable Revenue Receipts over the
amounts due by such Issuer under the relevant Issuer Pre-Enforcement Revenue
Priority of Payments, as the context requires;

"Special Distribution" has the meaning given to it in Clause 6.3 (Special
Distribution) of the Mortgages Trust Deed;

"Special Repayment Notes" means, in relation to the Second Issuer, the
(GBP)10,000,000 Series 2 Class D Floating Rate Notes issued by the Second
Issuer and, in relation to any other Issuer, means any Series and/or class of
Notes issued by such Issuer that are either:

(a)  interest only Notes; or

(b)  Notes, the Outstanding Principal Balance of which is to be repaid solely
     from the Issuer Available Revenue Receipts,

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<PAGE>

and that are designated as Special Repayment Notes in the Issuer Master
Definitions Schedule relating to such Issuer;

"Specified Date" means the date on which the United Kingdom participates in
the third stage of European economic and monetary union pursuant to the Treaty
establishing the European Community or otherwise participates in European
economic and monetary union in a manner with an effect similar to such third
stage;

"Standard Documentation" or "Standard Mortgage Documentation" means:

(a)  in relation to the First Issuer the standard documentation referred to in
     Schedule 12 (Standard Documentation) to the Mortgage Sale Agreement as at
     26 March 2001,

(b)  in relation to the Second Issuer, the standard documentation referred to
     in Schedule 12 (Standard Documentation) to the Mortgage Sale Agreement as
     at 28 September 2001, and

(c)  in relation to any other Issuer, the standard documentation referred to
     in Schedule 1 (Standard Documentation) to the relevant Issuer Master
     Definitions Schedule

or, in each case, any update or replacement therefor as the Seller may from
time to time introduce acting in accordance with the standards of a
reasonable, prudent mortgage lender;

"Standard Variable Rate" or "SVR" means, as applicable, the Northern Rock
standard variable mortgage base rate and/or the standard variable mortgage
base rate applicable to Mortgage Loans within the Mortgages Trust in
accordance with the Mortgage Conditions;

"Stand-by Account Bank" means the bank at which the Stand-by Mortgages Trustee
GIC Account, the Stand-by Funding GIC Account and, in relation to any Issuer
the relevant Stand-by Funding (Issuer) GIC Account (if any) for that Issuer is
maintained from time to time being, Lloyds TSB Bank plc, Financial Markets
Division, 25 Monument Street, London EC3R 8BQ;

"Stand-by Account Bank Notice" means a written notice served on the Stand-by
Account Bank by the Cash Manager, Funding or the Mortgages Trustee, as
applicable, pursuant to the provisions of the Bank Account Agreement;

"Stand-by Bank Account Agreement" means the agreement entered into on or about
26 May 2004 between the Stand-by Account Bank, the Stand-by Funding GIC
Provider, the Stand-by Mortgages Trustee GIC Provider, the Cash Manager and
the Security Trustee as may be amended, restated, varied or supplemented from
time to time and shall include any additional and/or replacement stand-by bank
account agreement entered into in accordance with the Transaction Documents;

"Stand-by Funding (Issuer) GIC Account" means in relation to any Issuer, the
account in the name of Funding held with the Stand-by Account Bank established
pursuant to and on the terms of the relevant Funding (Issuer) Guaranteed
Investment Contract and the Stand-by Funding Bank Account Agreement;

"Stand-by Funding (Issuer) Guaranteed Investment Contract" means, in relation
to any Issuer, the stand-by guaranteed investment contract entered into on or
about the relevant Closing Date between Funding, the Stand-by Funding GIC
Provider, the Security Trustee and the Cash Manager under which the Stand-by
Funding GIC Provider agrees to provide the Stand-by Funding (Issuer) GIC
Account and to pay Funding a guaranteed rate of interest on the balance from
time to time of such Stand-by Funding (Issuer) GIC Account if the appointment
of Northern Rock as Funding GIC Provider is terminated, as may be amended,
restated, novated, varied or supplemented from time to

                                      53
<PAGE>

time and shall include any additional and/or replacement stand-by guaranteed
investment contract entered into by Funding from time to time in accordance
with the Transaction Documents;

"Stand-by Funding GIC Account" means the account in the name of Funding held
with the Stand-by Bank Account established pursuant to and on the terms of the
Stand-by Funding Guaranteed Investment Contract and the Stand-by Bank Account
Agreement.

"Stand-by Funding GIC Provider" means, Lloyds TSB Bank plc acting through its
office at Financial Market Division, 25 Monument Street, London or such other
person or persons who are for the time being the GIC provider to Funding under
the Stand-by Funding Guaranteed Investment Contract or any Stand-by Funding
(Issuer) Guaranteed Investment Contract;

"Stand-by Funding Guaranteed Investment Contract" means the guaranteed
investment contract entered into on or about 26 May 2004 between Funding, the
Stand-by Funding GIC Provider, the Cash Manager and the Security Trustee under
which the Stand-by GIC Provider agrees to provide the Stand-by Funding GIC
Account and to pay to Funding a guaranteed rate of interest on the balance
from time to time of such Stand-by Funding GIC Account if the appointment of
Northern Rock as Funding GIC Provider under the Funding Guaranteed Investment
Contract is terminated, as may be amended, restated, varied or supplemented
from time to time and shall include any additional or replacement stand-by
guaranteed investment contract entered into by Funding in accordance with the
Transaction Documents;

"Stand-by Mortgages Trustee GIC Account" means the account in the name of
Mortgages Trustee held with the Stand-by Bank Account established pursuant to
and on the terms of the Stand-by Mortgages Trustee Guaranteed Investment
Contract and the Stand-by Bank Account Agreement.

"Stand-by Mortgages Trustee GIC Provider" means Lloyds TSB Bank plc, Financial
Markets Division, 25 Monument Street, London EC3R 8BQ or such other person or
persons who are for the time being GIC Provider to the Mortgages Trustee under
the Stand-by Mortgages Trustee Guaranteed Investment Contract;

"Stand-by Mortgages Trustee Guaranteed Investment Contract" means the
guaranteed investment contract entered into on or about 26 May 2004 between
Mortgages Trustee, the Stand-by GIC Provider, the Cash Manager and the
Security Trustee under which the Stand-by GIC Provider agrees to provide the
Stand-by Mortgages Trustee GIC Account and to pay to the Mortgages Trustee a
guaranteed rate of interest on the balance from time to time if the
appointment of Northern Rock as Mortgages Trustee GIC Provider under the
Mortgages Trustee Guaranteed Investment Contract is terminated, as may be
amended, restated, varied or supplemented from time to time and shall include
any additional or replacement stand-by guaranteed investment contract entered
into by the Mortgages Trustee in accordance with the Transaction Documents;

"Start-up Loan" means the start-up loan that the Start-up Loan Provider shall
make available to Funding pursuant to the Start-up Loan Agreement;

"Start-up Loan Agreement" means the agreement entered into on or about the
Initial Closing Date between Funding, the Start-up Loan Provider and the
Security Trustee relating to the provision of the Start-up Loan to Funding as
may be amended, restated, novated, varied or supplemented from time to time
and shall include any additional and/or replacement start-up loan agreement
entered into by such parties in accordance with the Transaction Documents;

"Start-up Loan Provider" means Northern Rock, in its capacity as provider of
the Start-up Loan

                                      54
<PAGE>

and/or such other person or persons for the time being the lender under the
Start-up Loan Agreement;

"Step-Up Date" means the Payment Date in respect of an Issuer on which the
interest rate on the Notes issued by such Issuer increases by a pre-determined
amount following the payment made by such Issuer on such Payment Date, which
date in respect of the First Issuer is the Payment Date occurring in January
2008, and, in relation to any New Issuer, has the meaning specified under the
relevant Issuer Master Definitions Schedule;

"Subsidiary" means (a) a subsidiary as defined in Section 736 of the Companies
Act 1985 and (b) unless the context requires otherwise, a subsidiary
undertaking within the meaning of Section 258 of the Companies Act 1985;
"Subordinated Principal Test" means:

(a)  in respect of the First Issuer Notes, the test which is satisfied (1) on
     any Payment Date occurring on or after the fourth anniversary of the
     Initial Closing Date; and (2) on any Payment Date on which (a) the
     percentage equal to the aggregate Principal Amount Outstanding of the
     Class B Notes and the Class C Notes as at that Payment Date over the
     aggregate Principal Amount Outstanding of the First Issuer Notes as at
     that Payment Date is greater than (b) the product of (i) 2 and (ii) the
     percentage equal to the aggregate Principal Amount Outstanding of the
     Class B Notes and the Class C Notes as at the Initial Closing Date over
     the aggregate Principal Amount Outstanding of the First Issuer Notes as
     at the Initial Closing Date; or

(b)  in respect of any New Notes issued by any New Issuer, has the meaning
     given to it under the relevant Issuer Transaction Documents and as
     defined in the Issuer Master Definitions Schedule relating to that New
     Issuer;

"Swap Agreements" means, for any Issuer, any of the Basis Rate Swap
Agreements, any of the Currency Swap Agreements, any Interest Rate Swap
Agreement or any other ISDA Master Agreement, Schedule and Confirmation
thereto entered into among such Issuer, the relevant Swap Provider and the
Note Trustee, as may be amended, restated, novated, varied or supplemented
from time to time, and shall include any additional and/or replacement swap
agreement entered into by such Issuer from time to time in connection with the
Notes issued by such Issuer

"Swap Provider" means any of the Currency Swap Provider and/or the Basis Rate
Swap Provider and/or the Interest Rate Swap Provider, as the context requires,
or any other swap provider appointed from time to time in accordance with the
Transaction Documents or relevant Issuer Transaction Documents;

"TARGET Business Day" means a day on which the Trans-European Automated
Real-time Gross settlement Express (TARGET) system is open;

"Taxes" means all present and future taxes, levies, imposts, duties (other
than stamp duty), fees, deductions, withholdings or charges of any nature
whatsoever and wheresoever imposed, including, without limitation, value added
tax or other tax in respect of added value and any franchise, transfer, sales,
gross receipts, use, business, occupation, excise, personal property, real
property or other tax imposed by any national, local or supranational taxing
or fiscal authority or agency together with any penalties, fines or interest
thereon and "Tax" and "Taxation" shall be construed accordingly;

"Terms and Conditions" has the same meaning as "Conditions";

                                      55
<PAGE>

"Third Party Amounts" means:

(a)  payments of insurance premiums, if any, due to the Seller in respect of
     any Insurance Policy arranged by the Seller and/or the MIG provider to
     the extent not paid or payable by the Seller (or to the extent such
     insurance premiums have been paid by the Seller in respect of any Further
     Advance which is not repurchased by the Seller to reimburse the Seller);

(b)  amounts under an unpaid Direct Debit which are repaid by the
     Administrator to the bank making such payment if such bank is unable to
     recoup that amount itself from the relevant customer's account;

(c)  other charges the benefit of which have been re-assigned to the Seller
     (excluding Early Repayment Charges); and/or

(d)  recoveries in respect of amounts deducted from Mortgage Loans as
     described in paragraphs (a) through (e) of Clause 8.5 (Adjustments to
     Trust Property) (inclusive) of the Mortgages Trust Deed;

"Title Deeds" means, in relation to each Mortgage Loan and its Related
Security and the Mortgaged Property relating thereto, all conveyancing deeds
and documents which make up the title to the Mortgaged Property and the
security for the Mortgage Loan and all searches and enquiries undertaken in
connection with the grant by the Borrower of the related Mortgage including,
in the case of Registered Land, the relevant Charge Certificate;

"Together Connections Benefit" means the amount by which:

(a)  the interest that would be payable on the Combined Debit Balance at the
     Connection Interest Rate exceeds:

(b)  the interest at the Connection Interest Rate that would be payable on the
     amount by which the Combined Debit Balance exceeds the Combined Credit
     Balance;

"Together Connection Conditions" means the Mortgage Conditions of the Seller
identified as Together Connection Conditions;

"Together Connections Mortgage Loans" means a type of Flexible Mortgage Loan
which has the same basic features as a Together Mortgage Loan, but also allows
the Borrower to link the Mortgage Loan with certain accounts that are held
with the Seller, the balance amounts of which, pursuant to the Together
Connection Conditions, are required to be included in the calculation of the
Combined Credit Balance;

"Together Mortgage Loan" means a type of Flexible Mortgage Loan which allows a
Borrower to obtain an additional unsecured drawdown loan and, in some cases, a
credit card;

"Total Property" means at any time the aggregate amount standing to the credit
of the Collection Accounts and held by Northern Rock on trust for the
Mortgages Trustee and itself, subject to and in accordance with the Collection
Bank Agreement;

"Transaction Document" means any of the following documents:

(a)  the Subscription Agreement;

(b)  the Underwriting Agreement;

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<PAGE>

(c)  the First Issuer Intercompany Loan Agreement;

(d)  the Mortgages Trust Deed;

(e)  the Mortgage Sale Agreement;

(f)  the First Issuer Deed of Charge;

(g)  the Funding Deed of Charge;

(h)  the Basis Rate Swap Agreement;

(i)  the Interest Rate Swap Agreement;

(j)  each Currency Swap Agreement;

(k)  the Depository Agreement;

(l)  the First Issuer Trust Deed;

(m)  the First Issuer Paying Agent and Agent Bank Agreement;

(n)  the Administration Agreement;

(o)  the Cash Management Agreement;

(p)  the First Issuer Cash Management Agreement;

(q)  the Funding Guaranteed Investment Contract;

(r)  the Funding (First Issuer) Guaranteed Investment Contract;

(s)  the Mortgages Trustee Guaranteed Investment Contract;

(t)  the Post-Enforcement Call Option Agreement;

(u)  the Bank Account Agreement;

(v)  the Funding (First Issuer) Bank Account Agreement;

(w)  the First Issuer Bank Account Agreement;

(x)  the Collection Bank Agreement;

(y)  the Start-Up Loan Agreement;

(z)  the Loyalty Discount Deed;

(aa) the First Issuer Corporate Services Agreement;

(bb) the Share Trust Deed;

(cc) each Corporate Services Agreement;

(dd) the Second Priority Funding Deed of Charge;

(ee) the Stand-by Bank Account Agreement;

(ff) the Stand-by Funding Guaranteed Investment Contract;

(gg) the Stand-by Mortgages Trustee Guaranteed Investment Contract; and

(hh) the Stand-by Funding (Issuer) Guaranteed Investment Contract.

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<PAGE>

"Transaction" means the transaction contemplated by the Transaction Documents;

"Trigger Event" means any of an Asset Trigger Event or a Non-Asset Trigger
Event, as the case may be;

"Trust Calculation Period" means the period from (and including) the first
date of each calendar month (or in the case of the first such Trust
Calculation Period, the Initial Closing Date) to (and including) the last day
of the same calendar month;

"Trust Corporation" means a corporation entitled by rules made under the
Public Trustee Act 1906, or entitled pursuant to any comparable legislation
applicable to a trustee in any jurisdiction, to carry out the function of a
custodian trustee;

"Trust Determination Date" means the first day (or, if not a London Business
Day, the next succeeding London Business Day) of each calendar month;

"Trust Indenture Act" means the United States Trust Indenture Act of 1939, as
amended;

"Trust Property" means:

(a)  the Initial Trust Property;

(b)  the Closing Trust Property (excluding any Mortgage Loans that have been
     repurchased by the Seller pursuant to the Mortgage Sale Agreement and any
     Early Repayment Charge Receipts that have been paid to the Seller
     pursuant to the Mortgage Sale Agreement);

(c)  any New Trust Property (excluding any Mortgage Loans that have been
     repurchased by the Seller pursuant to the Mortgage Sale Agreement and any
     Early Repayment Charge Receipts that have been paid to the Seller
     pursuant to the Mortgage Sale Agreement);

(d)  any Scottish Trust Property;

(e)  any Contribution made from time to time to the Mortgages Trustee by any
     Beneficiary until it has been applied by the Mortgages Trustee in
     accordance with the Mortgages Trust Deed;

(f)  any Re-Draw made under a Flexible Mortgage Loan which forms part of the
     Trust Property;

(g)  any Further Draw made under a Personal Secured Loan which forms part of
     the Trust Property;

(h)  any Further Advances made by the Seller to existing Borrowers which are
     assigned to the Trust in accordance with the Mortgage Sale Agreement;

(i)  amounts on deposit (and interest earned on such amounts) from time to
     time in the Mortgages Trustee Bank Accounts;

(j)  any Permitted Replacement Mortgage Loan and its Related Security
     (excluding any Early Repayment Charge Receipts that have been paid to the
     Seller pursuant to the Mortgage Sale Agreement) relating to a Permitted
     Product Switch;

(k)  the proceeds of sale of any Mortgage Loan and its Related Security
     forming part of the Trust Property;

(l)  all other property which shall form part of the Trust Property pursuant
     to Clause 2 (Creation of Mortgages Trust) of the Mortgages Trust Deed;

     less

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<PAGE>

(1)  any actual Losses in relation to the Mortgage Loans and any actual
     reductions occurring in respect of the Mortgage Loans as described in
     Clause 8.5 (Adjustments to Trust Property) of the Mortgages Trust Deed;
     and

(2)  distributions of principal made from time to time to the Beneficiaries of
     the Mortgages Trust.

"Trust Property Calculation Adjustments" has the meaning set out in the
Mortgages Trust Deed;

"Trustee Acts" means the Trustee Act 1925 and the Trustee Act 2000;

"UK Account Bank" means Lloyds TSB Bank plc, City Office, Bailey Drive,
Gillingham Business Park, Kent ME8 0LS;

"UK Listing Authority" means at any time the Financial Services Authority in
its capacity as competent authority for the purposes of Part VI of the
Financial Services and Markets Act 2000 or such other Person which at that
time performs an analogous role in relation to the regulation of financial
markets and the issue of public debt securities in the United Kingdom;

"Unauthorised Underpayment" means a Borrower Underpayment in respect of a
Mortgage Loan which is not funded by, or exceeds the amount of any,
Overpayments previously made by the Borrower in respect of such Mortgage Loan
or is otherwise not permitted by the Seller in accordance with the relevant
Mortgage Conditions;

"Underpayment" means any Authorised Underpayment or Unauthorised Underpayment;

"United Kingdom" means the United Kingdom of Great Britain and Northern
Ireland;

"United States" means the United States of America;

"Unpaid Interest" means, in relation to any Non-Cash Re-Draw of any Flexible
Mortgage Loan, the interest which would, but for such Non-Cash Re-Draw, have
been payable in respect of that Mortgage Loan on the relevant Monthly Payment
Date for such Mortgage Loan;

"Unpaid Interest Amount" means the amount of the Unpaid Interest in relation
to any Non-Cash Re-Draw on any Flexible Mortgage Loan;

"Unregistered Land" means land in England or Wales, title to which is not
registered at H.M. Land Registry;

"Unregistered Transfer" means, in relation to Unregistered Land, a deed of
transfer of a Mortgage or Mortgages in the form referred to in paragraph (b)
of Clause 6.3 of the Mortgage Sale Agreement with such modifications as may be
permitted from time to time in accordance with such Clause;

"US Global Note Certificates" or "US Global Note Certificate" means the Global
Note Certificates in registered form representing the US Notes;

"US Individual Note Certificates" or "US Individual Note Certificate" means
the Individual Note Certificates in registered form representing the US Notes;

"US Notes" means generally the Notes which are not Reg S Notes and in relation
to an Issuer the Notes issued by that Issuer which are not Reg S Notes;

"Valuation Report" means the valuation report or reports for mortgage
purposes, in the form of the pro-forma contained in the Standard
Documentation, obtained by the Seller from a Valuer in respect of each
Mortgaged Property or a valuation report in respect of a valuation made using
a methodology

                                      59
<PAGE>

which would be acceptable to a reasonable prudent mortgage lender;

"Valuer" means an Associate or Fellow of the Royal Institution of Chartered
Surveyors or the Incorporated Society of Valuers and Auctioneers who was at
the relevant times either a member of a firm which was on the list of Valuers
approved by or on behalf of the Seller from time to time or an Associate or
Fellow of the Royal Institute of Chartered Surveyors or the Incorporated
Society of Valuers and Auctioneers employed in-house by the Seller acting for
the Seller in respect of the valuation of a Mortgaged Property;

"WAFF" means the weighted average repossession frequency in respect of the
Mortgage Portfolio; and

"WALS" means the weighted average loss severity in respect of the Mortgage
Portfolio.

2.   Interpretation and Construction

Any reference in this Master Definitions Schedule or any Transaction Document
to:

"agreed form" means, in relation to any document, the draft of that document
the form of which has been agreed between the parties thereto (or if such
document is delivered pursuant to another Transaction Document, between the
parties to such Transaction Document) and initialled on their behalf for the
purpose of identification;

the "assets" of any person shall be construed as a reference to the whole or
any part of its business, undertakings, property, intellectual property,
shares, securities, debts, accounts, revenues (including any right to receive
revenues), goodwill, shareholdings and uncalled capital including premium
whether now or hereafter acquired and any other assets whatsoever;

the "assignment" of any Mortgage Loan shall be construed, in relation to any
Scottish Mortgage Loan and its Related Security, so as to include the transfer
of the beneficial interest therein and/or the legal title thereto, and the
terms "assign" and "assigned" shall in that context be construed accordingly;

"disposal" shall be construed as any sale, lease, transfer, conveyance,
assignment, assignation, licence, sub-licence or other disposal and "dispose"
shall be construed accordingly;

a "guarantee" means any guarantee, bond, indemnity, letter of credit, third
party security or other legally binding assurance against financial loss
granted by one person in respect of any indebtedness of another person, or any
agreement to assume any indebtedness of any other person or to supply funds or
to invest in any manner whatsoever in such other person by reason of, or
otherwise in relation to, indebtedness of such other person;

"indebtedness" shall be construed so as to include any obligation (whether
incurred as principal or as surety) for the payment or repayment of money,
whether present or future, actual or contingent;

"leasehold" shall be construed so as to include any property held under a duly
registered or recorded long lease in Scotland;

a "month" is a reference to a period starting on one day in a calendar month
and ending on the numerically corresponding day in the next calendar month
save that, where any such period would otherwise end on a day which is not a
business day, it shall end on the next business day, unless that day falls in
the calendar month succeeding that in which it would otherwise have ended, in
which case it shall end on the preceding business day, provided that, if a
period starts on the last business day in a calendar month or if there is no
numerically corresponding day in the month in which that period

                                      60
<PAGE>

ends, that period shall end on the last business day in that later month (and
references to "months" shall be construed accordingly);

"party" shall be construed as a party to a particular agreement, as the case
may be;

"set-off" shall be construed so as to include equivalent or analogous rights
under the laws of jurisdictions other than England and Wales;

"subsidiary" means, (a) a subsidiary within the meaning of Section 736 of the
Companies Act 1985, and (b) unless the context requires otherwise, a
subsidiary undertaking within the meaning of Section 258 of the Companies Act
1985;

"VAT" means value added tax imposed by the United Kingdom as referred to in
the Value Added Tax Act 1994 and legislation (whether delegated or otherwise)
replacing the same or supplemental thereto or in any primary or subordinate
legislation promulgated by the European Union or any official body or agency
thereof, and any similar turnover tax replacing or introduced in addition to
any of the same;

a "wholly-owned subsidiary" of a company or corporation shall be construed as
a reference to any company or corporation which has no other members except
that other company or corporation and that other company's or corporation's
wholly-owned subsidiaries or persons acting on behalf of that other company or
corporation or its wholly-owned subsidiaries; and

the "winding-up" or "administration" of a company or corporation shall be
construed so as to include any equivalent or analogous proceedings under the
law of the jurisdiction in which such company or corporation is incorporated
or any jurisdiction in which such company or corporation carries on business
including the seeking of liquidation, winding-up, bankruptcy, reorganisation,
dissolution, administration, arrangement, adjustment, protection or relief of
debtors.

2.1  "(GBP)", "sterling" or "pounds sterling" denotes the lawful currency for
     the time being of the United Kingdom of Great Britain and Northern Ireland;
     "(euro)", "euro" or "Euro" denotes the lawful currency for the time being
     of the member states of the European Union that adopt the single currency
     introduced at the start of the third stage of European Economic Monetary
     Union pursuant to the Treaty of Rome of 25th March, 1957, establishing the
     European Community as amended from time to time and as amended by, inter
     alia, the Treaty of European Union of 7th February, 1992; "$", "US$", "US
     dollars" or "dollars" denotes the lawful currency for the time being of the
     United States of America.

2.2  In this Master Definitions Schedule and in any of the Transaction
     Documents in which this Master Definitions Schedule is expressed to be
     incorporated or to which this Master Definitions Schedule is expressed to
     apply:

     (a)  words denoting the singular number only shall include the plural
          number also and vice versa;

     (b)  words denoting one gender only shall include the other genders;

     (c)  words denoting persons only shall include firms and corporations and
          vice versa;

     (d)  references to any statutory provision shall be deemed also to refer
          to any statutory modification or re-enactment thereof or any
          statutory instrument, order or regulation made thereunder or under
          any such re-enactment;

                                      61
<PAGE>

     (e)  references to any agreement or other document (including any of the
          Transaction Documents) shall be deemed also to refer to such
          agreement or document as amended, varied, supplemented or novated
          from time to time;

     (f)  clause, paragraph and schedule headings are for ease of reference
          only;

     (g)  reference to a statute shall be construed as a reference to such
          statute as the same may have been, or may from time to time be,
          amended or re-enacted to the extent such amendment or re-enactment
          is substantially to the same effect as such statute on the date
          hereof;

     (h)  unless stated otherwise reference to a time of day shall be
          construed as a reference to London (GMT) time; and

     (i)  references to any person shall include references to his successors,
          transferees and assigns and any person deriving title under or
          through him.

2.3  Any requirement in any Transaction Document for any action to be taken
     according to the standards of a "reasonable, prudent mortgage lender"
     shall be satisfied by the relevant party taking the relevant action in
     accordance with the Seller's Policy from time to time.

2.4  Save as provided otherwise, where any obligation in a Transaction
     Document is owed to more than one party that obligation is owed to each
     of them separately and may be enforced by any of them.

2.5  (a)  Where a term is defined in an Issuer Master Definitions Schedule
          and is used but not defined in this Master Definitions Schedule
          then, in connection with the relevant Issuer, that term shall have
          the meaning indicated in that Issuer Master Definitions Schedule;
          and

     (b)  Where a term is used but not defined in a document to which this
          Master Definitions Schedule applies and that term is not defined in
          this Master Definitions Schedule but is defined in an Issuer Master
          Definitions Schedule, then in connection with the relevant Issuer
          that term shall have the meaning indicated in that Issuer Master
          Definitions Schedule.

3.   Governing Law

This Master Definitions Schedule is governed by, and shall be construed in
accordance with, the laws of England (provided that any terms hereof which are
particular to Scots law will be construed in accordance with the laws of
Scotland).

                                      62Exhibit 10.5.2

                            Dated 22 September 2004

                           GRANITE MASTER ISSUER PLC

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

                      ISSUER MASTER DEFINITIONS SCHEDULE

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

                          SIDLEY AUSTIN BROWN & WOOD
                               WOOLGATE EXCHANGE
                             25 BASINGHALL STREET
                                LONDON EC2V 5HA
                            TELEPHONE 020 7360 3600
                            FACSIMILE 020 7626 7937

<PAGE>

CONTENTS
1.    Definitions............................................................1
2.    Interpretation and Construction.......................................17
3.    Governing Law.........................................................17

                                      i

<PAGE>

THIS ISSUER MASTER DEFINITIONS SCHEDULE is signed for the purposes of
identification on [o] January 2005

BY:

(1)      Sidley Austin Brown & Wood of Woolgate Exchange, 25 Basinghall
         Street, London EC2V 5HA; and

(2)      Allen & Overy LLP of One New Change, London EC4M 9QQ.

1.       Definitions

Words and expressions used in any document which incorporates this clause or
to which this clause applies shall, have the same meanings as are set out in
this Issuer Master Definitions Schedule except so far as the context requires
otherwise.

(a)      the Master Issuer, any authorised signatory referred to in the
         Mandates relating to the Master Issuer;

(b)      the Mortgages Trustee, any authorised signatory referred to in the
         Mortgages Trustee Account 2 Mandates; and

(c)      Funding 2, any authorised signatory referred to in the Funding 2
         Account Mandates;

"AAA Loan Tranches" means the Loan Tranches made by the Master Issuer to
Funding 2 under the Global Intercompany Loan Agreement from the proceeds of
issue of any Series of Class A Notes;

"AA Loan Tranches" means the Loan Tranches made by the Master Issuer to
Funding 2 under the Global Intercompany Loan Agreement from the proceeds of
issue of any Series of Class B Notes;

"A Loan Tranches" means the Loan Tranches made by the Master Issuer to Funding
2 under the Global Intercompany Loan Agreement from the proceeds of issue of
any Series of Class M Notes;

"Account Bank" means, in relation to the Master Issuer, the Issuer Account
Banks and for any other Issuer, the Account Bank for such Issuer appointed
from time to time in accordance with the relevant Issuer Transaction
Documents;

"Agent Bank" means, in relation to the Master Issuer, Citibank, N.A., 5
Carmelite Street, London EC4Y 0PA initially appointed pursuant to the Current
Issuer Paying Agent and Agent Bank Agreement or, if applicable, any successor
Agent Bank at its Specified Office;

"Agents" means, in relation to the Master Issuer, the Principal Paying Agent,
the US Paying Agent, the Registrar and the Transfer Agent, initially appointed
pursuant to the Issuer Paying Agent and Agent Bank Agreement, or, if
applicable, any successor agents;

"Aggregate Nominal Amount" means [o];

"Alternative Clearing System" means any clearing system other than DTC,
Euroclear and Clearstream, Luxembourg;

"Appointee" has the meaning specified in the Issuer Trust Deed;

"Auditors" or "auditors" means PricewaterhouseCoopers of 89 Sandyford Road,
Newcastle upon Tyne NE99 1PL or such other internationally recognised
independent firm of auditors selected from time to time by (in the case of the
Mortgages Trustee) the Mortgages Trustee or (in the case of

                                      1
<PAGE>

Funding 2) Funding 2 or (in the case of the Master Issuer) the Master Issuer
and appointed by the Mortgages Trustee, Funding 2 or, as the case may be, the
Master Issuer;

"Authorised Denominations" has the same meaning as "Authorised Holdings";

"Authorised Holdings" means in respect of the US Notes, $100,000 and integral
multiples of $1,000 in excess thereof, or in relation to a Series and Class of
Issuer Notes, as otherwise specified in the applicable Note Supplement;

"Authorised Signatory" means in relation to:

(a)      the Master Issuer, any authorised signatory referred to in the
         Mandates relating to the Master Issuer;

(b)      the Mortgages Trustee, any authorised signatory referred to in the
         Mortgages Trustee Account Mandates; and

(c)      Funding 2, any authorised signatory referred to in the Funding 2
         Account Mandates;

"Basic Terms Modification" in relation to the Issuer Notes has the meaning set
out in Schedule 4 to the Issuer Trust Deed;

"BBB Loan Tranches" means the made by the Master Issuer to Funding 2 under the
Global Intercompany Loan Agreement from the proceeds of issue of any Series of
Class C Notes;

"BB Loan Tranches" means the made by the Master Issuer to Funding 2 under the
Global Intercompany Loan Agreement from the proceeds of issue of any Series of
Class D Notes;

"Block Voting Instruction" has the meaning set out in Schedule 4 to the Issuer
Trust Deed;

"Blocked Note" has the meaning specified in Schedule 4 to the Issuer Trust
Deed;

"Bridging Arrangements" means [o];

"Bullet Loan Tranche" means any Loan Tranche which is scheduled to be repaid
in full on one Payment Date. Bullet Loan Tranches will be deemed to be
Pass-Through Loan Tranches if:

(a)      a Trigger Event occurs;

(b)      the Issuer Security is enforced; or

(c)      the Funding 2 Security is enforced;

"Bullet Repayment Date" means for any Loan Tranche the Payment Date specified
as such for such Loan Tranche in the applicable Loan Tranche Supplement;

"Business Day" means, in relation to the Issuer Notes, a day that is a London
Business Day, a New York Business Day and a TARGET Business Day;

"Calculation Agent" in relation to any Issuer Swap Agreement has the meaning
given to it under such Issuer Swap Agreement;

"certification date" has the meaning specified in the Issuer Trust Deed;

"Chairman" has the meaning set out in Schedule 4 to the Issuer Trust Deed;

"Class A Noteholders" means the holders of the Class A Notes;

"Class A Notes" means the Issuer Notes of any Series designed as such in the
applicable Note Supplement;

                                      2
<PAGE>

"Class B Noteholders" means the holders of the Class B Notes;

"Class B Notes" means, in relation to the Master Issuer, the Issuer Notes of
any Series designated as such in the applicable Note Supplement and, in
relation to any other Issuer, the Notes issued by such Issuer which are
defined as such under the relevant Issuer Master Definitions Schedule;

"Class C Noteholders" means the holders of the Class C Notes;

"Class C Notes" means, in relation to the Master Issuer, the Issuer Notes of
any Series designated as such in the applicable Note Supplement; and, in
relation to any other Issuer, the Notes issued by such Issuer which are
defined as such under the relevant Issuer Master Definitions Schedule;

"Class D Noteholders" means the holders of the Class D Notes;

"Class D Notes" means, in relation to the Master Issuer, the Issuer Notes of
any Series designated as such in the applicable Note Supplement; and, in
relation to any other Issuer, the Notes issued by such Issuer which are
defined as such under the relevant Issuer Master Definitions Schedule;

"Class M Noteholders" means the holders of the Class M Notes;

"Class M Notes" means, in relation to the Master Issuer, the Issuer Notes of
any Series designated as such in the applicable Note Supplement; and, in
relation to any other Issuer, the Notes issued by such Issuer which are
defined as such under the relevant Issuer Master Definitions Schedule;

"Clearing System" means any of DTC (with respect to the US Notes) and
Euroclear and Clearstream, Luxembourg (with respect to the Reg S Notes), and
any other or additional organisation of a similar nature as may be approved in
writing by the Note Trustee;

"Closing Date" means the closing date for the issuance of any Series and Class
of Issuer Notes as specified in the Note Supplement for such Issuer Notes;

"Common Depositary" means Citibank, N.A. in its capacity as common depositary
for Euroclear or Clearstream, Luxembourg in respect of the Sterling Global
Note Certificates and the Euro Global Note Certificates;

"Conditions" or "Terms and Conditions" means, in relation to any Issuer Notes,
the terms and conditions to be endorsed on such Issuer Notes in the form or
substantially in the form scheduled to the Issuer Trust Deed, as any of the
same may from time to time be amended, varied or restated in accordance with
the provisions of the Issuer Trust Deed, and any reference to a numbered
Condition shall be construed accordingly;

"Contractual Currency" has the meaning specified in Clause 13 of the Issuer
Trust Deed;

"Current Issuer Post-Liquidity Payments" means the payments set out in items
[(H)] through [(M)] under the Issuer Pre-Enforcement Revenue Priority of
Payments (or the relevant payments in the equivalent items under such other
Issuer Priority of Payments as may apply on that Payment Date);

"Current Issuer Pre-Enforcement Revenue Priority of Payments" means the order
of priority of payments in which the Issuer Available Revenue Receipts will be
applied until enforcement of the Issuer Security as set out in Schedule 2 to
the Issuer Cash Management Agreement (as the same may be amended or varied
from time to time in accordance with the Issuer Transaction Documents);

"Cut-Off Date" means the cut-off date in relation to the issuance of any
Series of Issuer Notes, which will be specified in the Note Supplement for
such Issuer Notes;

                                      3
<PAGE>

"Deferred Interest" in relation to the Issuer Notes has the meaning given to
it under Condition 4 of the Current Issuer Notes;

"Designated Subsidiary" means a designated subsidiary of the Issuer
Post-Enforcement Call Option Holder, to be designated by notice from the
Issuer Post-Enforcement Call Option Holder to the Note Trustee at the
discretion of the Issuer Post-Enforcement Call Option Holder;

"Determination Date" means in respect of a Series and Class of Issuer Notes,
the date(s) specified as such in the applicable Note Supplement ;

"Determination Period" means each period from (and including) a Determination
Date to (but excluding) the next Determination Date (including, where either
the Interest Commencement Date or the Final Payment Date is not a
Determination Date, the period commencing on the first Determination Date
prior to, and ending on the first Determination Date falling after, such
date);

"Distribution Compliance Period" means, in relation to the Issuer Notes, 40
days after the later of the commencement of the offering of the Issuer Notes
and any Closing Date;

"Dual Currency Interest Notes" means an Issuer Note, the interest basis of
which is specified in the applicable Note Supplement as being dual currency
interest;

"EU Regulation" means the Council Regulation (EC) No. 1346/2000 of 29 May 2000
on Insolvency Proceedings;

"Event of Default" means, as the context requires, either of the following:

(a)      for any Issuer Notes, an event of default under the Terms and
         Conditions of those Issuer Notes; or

(b)      for the Global Intercompany Loan, or any other Funding 2 Intercompany
         Loan, the occurrence of an event of default under the terms and
         conditions of the Global Intercompany Loan Agreement or the
         applicable Funding 2 Intercompany Loan Agreement.

"Exchange Date" has the meaning specified in each form of Global Note
Certificate attached as Schedule 1 to the Issuer Trust Deed;

"Extraordinary Resolution" in relation to the Issuer Notes has the meaning set
out in Schedule 4 to the Issuer Trust Deed;

"Final Maturity Date" means in respect of any Series and Class of Notes, the
date specified as such for such Series and Class of Notes in the related Note
Supplement;

"Final Repayment Date" means in relation to any Loan Tranche, the date
specified as such for such Loan Tranche in the related Loan Tranche Supplement
and in relation to the Global Intercompany Loan Agreement, the latest
occurring Final Repayment Date of all Loan Tranches;

"Financial Year" means, in relation to the Master Issuer, Holdings, the
Mortgages Trustee, Funding 2 and the Issuer Post Enforcement Call Option
Holder, each twelve month period ending on the last day of the calendar year;

"Floating Rate Interest Note" means an Issuer Note, the interest basis of
which is specified in the applicable Note Supplement as being floating rate;

"Form of Proxy" has the meaning specified in Schedule 4 to the Current Issuer
Trust Deed;

"Funding 2 Program Date" means [o] January, 2005;

                                      4
<PAGE>

"Global Intercompany Loan" means the loan made by the Master Issuer to Funding
2 on or about the Funding 2 Program Date pursuant to the Global Intercompany
Loan Agreement;

"Global Intercompany Loan Agreement" means the global intercompany loan
agreement dated on or about the Funding 2 Program Date between the Master
Issuer, Funding 2, the Funding 2 Security Trustee and the Agent Bank;

"Global Intercompany Loan Event of Default" means the occurrence of a Funding
2 Intercompany Loan Event of Default, as specified in the Global Intercompany
Loan Agreement;

"Global Note Certificates" means the note certificates representing the Issuer
Notes in global form and "Global Note Certificate" means any one of them;

"Holder" or "holder" means, in relation to the Issuer Notes, the person in
whose name an Issuer Note, for the time being is registered in the Register
(or in the case of joint holders, the first named thereof);

"Index Linked Interest Note" means an Issuer Note, the interest basis of which
is specified in the applicable Note Supplement as being index linked interest;

"Individual Note Certificates" means the note certificates representing the
Issuer Notes in definitive form;

"Interest Amounts" has the meaning given to it under Condition 4(B) of the
Issuer Notes;

"Interest Determination Date" means [o];

"Interest Period" means in relation to each Series and Class of Issuer Notes,
(i) with respect to the first Payment Date, the period from and including the
Interest Commencement Date for such Issuer Notes to but excluding such first
Payment Date, and (ii) thereafter, with respect to each Payment Date, the
period from and including the preceding Payment Date to but excluding such
current Payment Date for such Issuer Notes;

"Issuer Account Bank" means either of the banks at which the Current Issuer
Bank Accounts are maintained from time to time, being (i) in respect of the
Issuer Transaction Account, the Issuer Transaction Account Bank; and (ii) in
respect of the Issuer GIC Account, the Issuer GIC Account Bank, or any other
Authorised Entity appointed by the Master Issuer (with the prior written
approval of the Issuer Security Trustee) in accordance with the Issuer
Transaction Documents;

"Issuer Available Principal Receipts" means:

(1)      prior to enforcement of the Issuer Security, in respect of any
         Payment Date, the sum calculated by the Issuer Cash Manager on the
         Distribution Date immediately preceding such Payment Date equal to:

         (a)      all principal amounts repaid by Funding 2 to the Master
                  Issuer under the Global Intercompany on that Payment Date;
                  and

         (b)      in so far as needed to make and Issuer Reserve Principal
                  Payment, any amount available to be drawn under the Issuer
                  Reserve Fund, less any amounts to be applied on the relevant
                  Payment Date in payment of interest or expenses under the
                  Issuer Pre-Enforcement Revenue Priority of Payments, plus
                  any amounts to be credited to the Issuer Reserve Ledger
                  under the Issuer Pre-Enforcement Principal Priority of
                  Payments on the relevant Payment Date.

                                      5
<PAGE>

"Issuer Available Revenue Receipts" means, in respect of any Payment Date, the
sum calculated by the Current Issuer Cash Manager on the Distribution Date
immediately preceding such Payment Date equal to the sum of:

(1)      interest, fees and any other amount (excluding principal) paid by
         Funding 2 on the relevant Payment Date in respect of the Global
         Intercompany Loan;

(2)      other net income of the Master Issuer including all amounts of
         interest received on the [Issuer UK Account] and the Issuer
         Transaction Account and/or any income from Authorised Investments, in
         each case to be received on or prior to such relevant Payment Date;
         and

(3)      the amounts available to be drawn under the Issuer Reserve Fund,
         subject to any limits or conditions on the purposes for which the
         Issuer Reserve Fund may be utilised.

"Issuer Bank Account" means either of the Issuer Transaction Account, the
Issuer GIC Account and also includes any additional or replacement bank
account opened in the name of the Master Issuer from time to time with the
prior written consent of the Issuer Security Trustee and the Rating Agencies;

"Issuer Bank Account Agreement" means the bank account agreement dated on or
about the Funding 2 Program Date between the Master Issuer, the Issuer Cash
Manager, the Issuer Account Banks and the Issuer Security Trustee as may be
amended, restated, varied or supplemented from time to time and shall include
any additional and/or replacement cash management agreement entered into by
the Master Issuer from time to time in connection with the Issuer Notes;

"Issuer Cash Management Agreement" means the cash management agreement entered
into on or about the Funding 2 Program Date between the Issuer Cash Manager,
the Master Issuer and the Issuer Security Trustee, as may be amended,
restated, varied or supplemented from time to time and shall include any
additional and/or replacement cash management agreement entered into by the
Master Issuer from time to time in connection with the Issuer Notes;

"Issuer Cash Management Services" means the services to be provided to the
Master Issuer and the Issuer Security Trustee by the Issuer Cash Manager
pursuant to the Issuer Cash Management Agreement;

"Issuer Cash Manager" means Northern Rock acting pursuant to the Current
Issuer Cash Management Agreement as agent for the Master Issuer and the Issuer
Security Trustee in managing all cash transactions and maintaining certain
ledgers on behalf of the Master Issuer;

"Issuer Cash Manager Termination Event" means any of the events specified in
paragraphs (a) through (c) of Clause 11.1 of the Issuer Cash Management
Agreement;

"Issuer Charged Property" means the property, assets and undertakings of the
Master Issuer which from time to time are or are expressed to be mortgaged,
charged, assigned, pledged or otherwise encumbered to, or in favour of, the
Issuer Security Trustee for itself and for the Issuer Secured Creditors under
the Issuer Deed of Charge or any other Issuer Transaction Document;

"Issuer Conditions" or "Issuer Terms and Conditions" means the terms and
conditions to be endorsed on the Issuer Notes, substantially in the form set
out in Schedule 3 to the Issuer Trust Deed, as any of the same may be amended,
varied or restated in accordance with the provisions of the Issuer Trust Deed,
and any reference to a numbered Condition shall be construed accordingly;

                                      6
<PAGE>

"Issuer Corporate Services Agreement" means the corporate services agreement
entered into on or before the Funding 2 Program Date between, inter alia, the
Issuer Corporate Services Provider, Holdings, the Issuer Post Enforcement Call
Option Holder, the Master Issuer and Northern Rock for the provision by the
Issuer Corporate Services Provider of certain corporate services with respect
to Holdings, the Issuer Post Enforcement Call Option Holder and the Master
Issuer as may be amended, restated, varied or supplemented from time to time
and shall include any additional and/or replacement corporate services
agreement entered into by such parties from time to time in accordance with
the Issuer Transaction Documents;

"Issuer Corporate Services Provider" means in relation to any of the Master
Issuer, Holdings or the Issuer Post Enforcement Call Option Holder, Law
Debenture Corporate Services Limited or such other person or persons for the
time being acting as corporate services provider under the Issuer Corporate
Services Agreement;

"Issuer Deed of Charge" means the deed of charge entered into on or about the
Funding 2 Program Date between the Master Issuer, the Note Trustee, the Issuer
Security Trustee, the Issuer Corporate Services Provider, the Issuer Account
Banks, the Issuer Cash Manager, the Principal Paying Agent and the other
Agents appointed pursuant to the Issuer Paying Agent and Agent Bank Agreement
as may be amended, restated, varied or supplemented from time in accordance
with the Issuer Transaction Documents;

"Issuer Enforcement Notice" means a notice served by the Note Trustee for the
enforcement of the Issuer Security;

"Issuer Event of Default" means an Issuer Note Event of Default;

"Issuer Note Event of Default" means [o];

"Issuer Expense Sub-Ledger" means the sub-ledger of the Issuer Revenue Ledger
relating to certain expenses of the Master Issuer;

"Issuer GIC Account" means the account in the name of the issuer held at
Northern Rock and maintained subject to the terms of the Issuer Guaranteed
Investment Contract, the Issuer Bank Account Agreement, the Issuer Deed of
Charge, or any additional or replacement account as may for the time being be
in place with the prior consent of the Issuer Security Trustee;

"Issuer GIC Account Mandate" means the account mandate of the Master Issuer
for the Issuer GIC Account;

"Issuer GIC Provider" means Northern Rock or any other person or persons as
are for the time being the Issuer GIC Provider under the applicable Issuer
Guaranteed Investment Contract;

"Issuer Guaranteed Investment Contract" means the guaranteed investment
contract entered into on the Funding 2 Program Date, as amended, restated,
supplemented or otherwise modified from time to time, among the Master Issuer,
the Issuer GIC Provider and others, under which the Issuer GIC Provider agrees
to pay the Master Issuer a guaranteed rate of interest on the blance from time
to time of the Issuer GIC Account;

"Issuer Ledgers" means the Issuer Revenue Ledger, the Issuer Principal Ledger,
the Current Issuer Reserve Fund Ledger, the Issuer Note Ledger and the Swap
Collateral Ledger and any other ledger required to be maintained pursuant to
the Issuer Cash Management Agreement;

"Issuer Liquidity Reserve Fund" means [o];

                                      7
<PAGE>

"Issuer Liquidity Reserve Ledger" means [o];

"Issuer Master Definitions Schedule" means this master definitions schedule
relating to the Master Issuer and the Issuer Transaction Documents signed for
the purposes of identification by Sidley Austin Brown & Wood and Allen & Overy
LLP on or about the Funding 2 Program Date, as the same may be amended,
restated and supplemented from time to time;

"Issuer Note Determination Date" means the Distribution Date immediately
preceding each Payment Date;

"Issuer Note Event of Default" means an event of default under the provisions
of the Issuer Notes;

"Issuer Notes" means all of the Class A Notes, the Class B Notes, the Class M
Notes, the Class C Notes and the Class D Notes of the Master Issuer or any of
them as the context may require;

"Issuer Paying Agent and Agent Bank Agreement" means the paying agent and
agent bank agreement to be entered into on or about the Funding 2 Program Date
between, inter alios, the Master Issuer, the Note Trustee, the Issuer Security
Trustee, the Principal Paying Agent, the US Paying Agent and the other Agents
and any other agreement for the time being in force appointing successor
agents and shall include any additional and/or replacement paying agent and
agent bank agreement entered into by the Master Issuer from time to time in
accordance with the Transaction Documents;

"Issuer Post-Enforcement Call Option Agreement" means the post-enforcement
call option agreement to be entered into on or about the Funding 2 Program
Date between the Master Issuer, the Issuer Post-Enforcement Call Option Holder
and the Note Trustee;

"Issuer Post-Enforcement Call Option Holder" means GPCH Limited, a company
incorporated with limited liability under the laws of England and Wales,
registered number 4128437, or such other person or persons for the time being
acting as post-enforcement call option holder under the Issuer
Post-Enforcement Call Option Agreement;

"Issuer Post-Enforcement Priority of Payments" means the order of priority of
payments in which Issuer Available Revenue Receipts, Issuer Available
Principal Receipts and all other monies and proceeds received or recovered by
or on behalf of the Master Issuer or the Issuer Security Trustee or any
Receiver will be applied following enforcement of the Issuer Security and as
set out in Schedule 2 to the Issuer Deed of Charge (as the same may be amended
or varied from time to time in accordance with the Issuer Transaction
Documents);

"Issuer Potential Note Event of Default" means any condition, event or act
which with the lapse of time and/or the giving of any notice and/or
determination of materiality and/or fulfilment of any similar condition would
constitute a Issuer Note Event of Default;

"Issuer Pre-Enforcement Principal Priority of Payments" means the order of
priority of payments in which the Issuer Available Principal Receipts will be
applied until enforcement of the Issuer Security as set out in Schedule 2 to
the Issuer Cash Management Agreement (as the same may be amended or varied
from time to time in accordance with the Current Issuer Transaction
Documents);

"Issuer Pre-Enforcement Priority of Payments" means, as applicable, any of the
Current Issuer Pre-Enforcement Revenue Priority of Payments or the Current
Issuer Pre-Enforcement Principal Priority of Payments;

"Issuer Principal Ledger" means the ledger on which the Issuer Cash Manager
records Issuer Available Principal Receipts received and paid out by the
Master Issuer;

                                      8
<PAGE>

"Issuer Principal Receipts" means on any Payment Date principal amounts repaid
by Funding 2 in respect of the Global Intercompany Loan on such Payment Date;

"Issuer Priority of Payments" means, as applicable, any of the Issuer
Pre-Enforcement Revenue Priority of Payments, the Issuer Pre-Enforcement
Principal Priority of Payments or the Issuer Post-Enforcement Priority of
Payments;

"Issuer Reserve Fund" means the reserve fund established in the name of the
Master Issuer as required under the terms of the Global Intercompany Loan on
the Funding 2 Program Date in an amount not exceeding the Issuer Reserve
Required Amount;

"Issuer Reserve Ledger" means a ledger maintained by the Issuer Cash Manager
in the name of Funding 2 to record the amount credited to the Issuer Reserve
Fund held by Funding 2 in respect of the Master Issuer on the Funding 2
Program Date, and subsequent withdrawals and deposits in respect of the Issuer
Reserve Fund;

"Issuer Reserve Minimum Amount" means, on any date and subject to amendment,
is the product of (a) one per cent. and (b) the aggregate Principal Amount
Outstanding of the Issuer Notes (including Principal Amount Outstanding of
Issuer Notes issued on such date);

"Issuer Reserve Principal Payment" means, either:

(a) prior to the occurrence of a trigger event, repayment of principal due and
payable in respect of the original bullet redemption notes (which are class A
notes); or

(b) on or after the occurrence of a trigger event, repayment of principal due
and payable in respect of the original bullet redemption notes (which are
class A notes) on their respective final maturity dates only.

"Issuer Reserve Required Amount" means, on any date, the greater of: (a) the
Issuer Reserve Minimum Amount; and (b) the Programme Reserve Required Amount
less the amount standing to the credit of the Funding 2 Reserve Fund on such
date (after taking account of amounts to be debited from and credit to the
Funding 2 Reserve Fund on such date);

"Issuer Revenue Ledger" means the ledger maintained by the Issuer Cash Manager
pursuant to the Issuer Cash Management Agreement to record the Issuer Revenue
Receipts standing to the credit of the Current Issuer Transaction Account from
time to time;

"Issuer Revenue Receipts" means for the Master Issuer in respect of any
Payment Date an amount equal to the sum of:

[(1)     interest, fees and any other amount (not including principal), if
         any, paid by Funding 2 on such Payment Date under the terms of the
         Global Intercompany Loan Agreement;

(2)      other net income of the Issuer (not otherwise included in (1) above
         or (3) below) including amounts received by the Issuer under or in
         accordance with the Basis Rate Swap Agreement (excluding Swap
         Collateral Excluded Amounts) and any early termination amounts (other
         than such early termination amounts applied or to be applied by the
         Issuer in the purchase of one or more replacement hedge transactions)
         received by the Issuer under the Issuer Swap Agreements;

(3)      interest received on the Issuer Bank Accounts and any income from
         Authorised Investments made with funds standing to the credit of the
         Issuer Bank Accounts, in each case which has been or will be received
         on or before such Payment Date,

                                      9
<PAGE>

(in each case for the avoidance of doubt not including amounts received in
respect of principal);]

"Issuer Secured Creditors" means the Issuer Security Trustee (and any Receiver
appointed pursuant to the Issuer Deed of Charge), the Note Trustee, the Issuer
Swap Providers, the Current Issuer Corporate Services Provider, the Current
Issuer Account Banks, the Issuer Cash Manager, the Paying Agents, the Agent
Bank, the Registrar, the Transfer Agent and the Noteholders;

"Issuer Secured Obligations" means any and all of the monies, obligations and
liabilities which the Master Issuer covenants to pay or discharge under or
pursuant to Clause 2 of the Issuer Deed of Charge and all other amounts owed
by it to the Issuer Secured Creditors under and pursuant to the Issuer
Transaction Documents;

"Issuer Security" means the security granted by the Master Issuer under or
pursuant to the Issuer Deed of Charge in favour of the Issuer Security,
Trustee for the benefit of the Issuer Secured Creditors;

"Issuer Security Trustee" means The Bank of New York, whose principal office
is at 48th Floor, One Canada Square, London E14 5AL, or such other persons and
all other persons for the time being acting as the issuer security trustee or
issuer security trustees pursuant to the Issuer Deed of Charge;

"Issuer Start-up Loan Provider" means Northern Rock, in its capacity as
provider of the Start-up Loan and/or such other person or persons for the time
being the lender under the Start-up Loan Agreement;

"Issuer Subscription Agreement" means an agreement supplemental to the Program
Agreement (by whatever name called) in or substantially in the form set out in
the Program Agreement or in such other form as may be agreed between the
Master Issuer and the Dealers;

"Issuer Swap Agreements" means the ISDA Master Agreements, schedules thereto
and confirmations thereunder relating to the Issuer Swaps to be entered into
on or about each Closing Date, and any credit support annexes or other credit
support documents entered into at any time, as amended from time to time,
among the Master Issuer, the applicable Issuer Swap Provider, the Note Trustee
and/or any Credit Support Provider and includes any additional and/or
replacement Issuer Swap Agreement entered into by the Master Issuer from time
to time in connection with the Issuer Notes;

"Issuer Swap Agreements" means the ISDA Master Agreements, schedules thereto
and confirmations thereunder relating to the Issuer Swaps to be entered into
on or about each Closing Date, and any credit support annexes or other credit
support documents entered into at any time, as amended from time to time,
among the Master Issuer and the applicable Issuer Swap Provider and includes
any additional and/or replacement Issuer Swap Agreement entered into by the
Master Issuer from time to time in connection with the Issuer Notes;

"Issuer Swap Collateral Accounts" means the accounts, if any, opened in the
name of the Master Issuer for the purpose of holding Swap Collateral delivered
to the Master Issuer and maintained in accordance with the Issuer Cash
Management Agreement;

"Issuer Swap Collateral Ancilliary Documents" means any document (including,
without limitation, any custodial agreement or bank account agreement but
excluding the Issuer Swap Agreements, the Issuer Cash Management Agreement and
the Issuer Deed of Charge) as may be entered into by the Issuer from time to
time in connection with the Issuer Swap Collateral;

"Issuer Swap Collateral Cash Account" means an account opened in the name of
the Master Issuer form the purpose of holding Swap Collateral in cash and
maintained in accordance with the terms of the Issuer Cash Management
Agreement;

                                      10
<PAGE>

"Issuer Swap Collateral Ledger" means [o];

"Issuer Swap Collateral Securities Account" means a securities account opened
in the name of the Master Issuer from the purpose of holding Swap Collateral
in the form of securities and maintained in accordance with the terms of the
Issuer Cash Management Agreement;

"Issuer Swap Excluded Termination Amount" means, in relation to an Issuer Swap
Agreement an amount equal to:

(a)      the amount of any termination payment due and payable to the relevant
         Issuer Swap Provider as a result of a Swap Provider Default in
         relation to such Issuer Swap Provider,

less

(b)      the Swap Replacement Premium (if any) received by the Master Issuer
         upon entry by the Master Issuer upon entry by the Master Issuer into
         an agreement to replace such Issuer Swap Agreement which has
         terminated as a result of such Swap Provider Default;

"Issuer Swap Providers" means the institutions identified in respect of each
Issuer Swap in the Note Supplement related to the relevant Series and Class of
Issuer Notes;

"Issuer Swap Providers" means the institutions identified in respect of each
Issuer Swap in the Note Supplement related to the relevant Series and Class of
Issuer Notes;"Issuer Swaps" means the Sterling-specified Issuer Swaps which
enable the Master Issuer to receive and pay amounts under the Global
Intercompany Loan in Sterling and to receive and pay amounts under the Issuer
Notes not denominated in Sterling in the applicable specified currency;

"Issuer Transaction Account" means the day to day bank account of the Master
Issuer, held with the Issuer Transaction Account Bank, or any other account of
the Master Issuer that may be opened, with the prior approval of the Issuer
Security Trustee, after the Funding 2 Program Date, and maintained subject to
the terms of the Issuer Bank Account Agreement and the Issuer Deed of Charge;

"Issuer Transaction Account Mandate" means the account mandate of the Master
Issuer for the Issuer Transaction Account;

"Issuer Transaction Document" means any of the following documents:

(a)      each Issuer Subscription Agreement;

(b)      each Issuer Underwriting Agreement;

(c)      the Issuer Deed of Charge;

(d)      [Deeds of Accession to the Issuer Deed of Charge];

(e)      each Issuer Swap Agreement;

(f)      the Issuer Trust Deed;

(g)      the Issuer Paying Agent and Agent Bank Agreement;

(h)      the Issuer Cash Management Agreement;

(i)      the Issuer Post-Enforcement Call Option Agreement;

(j)      the Issuer Bank Account Agreement;

(k)      the Issuer Notes;

                                      11
<PAGE>

(l)      the Issuer Corporate Services Agreement;

(m)      the Issuer Start-up Loan Agreement;

(n)      any Swap Collateral Ancillary Document; and

(o)      each other document entered into or to be entered into by the Master
         Issuer pursuant to or in connection with any of the above documents
         (including any agreement entered into by the Master Issuer as a
         replacement of any of the above agreements upon the termination
         thereof);

"Issuer Trust Deed" means the trust deed entered into on or about the Funding
2 Program Date between the Master Issuer and the Note Trustee constituting the
Issuer Notes;

"Issuer Underwriting Agreement" means the underwriting agreement relating to
the sale of a Series or Class of US Notes among the Issuer and the
Underwriters designated therein;

"Lead Managers" means the institutions specified in the Note Supplement
relating to any Series and Class of Notes;

"Listed Notes" means each Series and Class of Issuer Notes which is admitted
to the official list maintained by the UK Listing Authority and admitted to
trading on the London Stock Exchange's market for listed securities;

"Loan Tranches" means the AAA Loan Tranches, the AA Loan Tranches, the A Loan
Tranches, the BBB Loan Tranches and the BB Loan Tranches, being the advances
made by the Master Issuer to Funding 2, pursuant to the Global Intercompany
Loan Agreement, each being funded from proceeds received by the Master Issuer
from the issue of a Series and Class of Issuer Notes;

"Loan Tranche Supplement" means, in relation to any Loan Tranche, the document
between, amongst others, Funding 2 and the Master Issuer recording the
principal terms of such Loan Tranche;

"Managers" means [o];

"Mandate" means either of the Issuer Transaction Account Mandate or the Issuer
GIC Account Mandate and together, the "Mandates";

"Master Definitions Schedule" means the master definitions schedule signed for
the purposes of identification by Brown & Wood and Clifford Chance Limited
Liability Partnership on or about 26 March 2001, as has been and may be
amended, restated, varied or supplemented from time to time, which is a
schedule of the definitions used in the Transaction Documents;

"Master Issuer" means Granite Master Issuer plc, a company incorporated with
limited liability under the laws of England and Wales, registered number
5250668;

"Note Acceleration Notice" means a notice served by the Note Trustee in
relation to a Series and Class of Issuer Notes for the acceleration of the
amounts outstanding in respect of such Series and Class of Issuer Notes
following a Note Event of Default in respect of such Series and Class of
Issuer Notes;

"Note Certificates" means any Global Note Certificates or Individual Note
Certificates;

["Note Determination Date" means, in relation to the Issuer Notes, the Issuer
Note Determination Date, in relation to Notes issued by any other Issuer, the
Distribution Date immediately preceding the relevant Payment Date;]

                                      12
<PAGE>

["Note Enforcement Notice" means, in relation to the Master Issuer, the Master
Issuer Note Enforcement Notice and in relation to any other Issuer, a notice
issued by the Note Trustee to such Issuer and the Security Trustee on the
occurrence of a Note Event of Default, declaring the Notes issued by that
Issuer or any class of such Notes to be due and repayable pursuant to the
Conditions of such Notes;]

"Note Event of Default" means, in relation to the Master Issuer, an event of
default under the provisions of the Issuer Notes, in relation to any other
Issuer, the occurrence of an event of default by such Issuer as specified in
the relevant Conditions of the Notes issued by such Issuer;

"Note Principal Payment" means the amount of each principal payment payable on
each Issuer Note;

"Note Supplement" means, as applicable, either (a) a prospectus supplement
issued in relation to any Series of US Notes as a supplement to the Prospectus
and giving details of such Series of US Notes; or (b) a pricing supplement
issued in relation to any Series of Listed Notes as a supplement to the
Offering Circular and giving details of such Series of Issuer Notes;

"Noteholders" means, in relation to the Issuer Notes, the holders of the Class
A Notes, the Class B Notes, the Class M Notes, the Class D Notes or any of
them, in relation to Notes issued by any other Issuer, the holders for the
time being of such Notes;

"Notes" means, in relation to the Master Issuer, the Master Issuer Notes and,
in relation to any other Issuer, the notes issued by such Issuer;

"notice" means, in respect of notice being given to the Noteholders, a notice
duly given in accordance with, in the case of the Issuer Notes, Condition 14
of the Issuer Notes and, in the case of Notes issued by any other Issuer, the
relevant equivalent Condition of such Notes;

"Offering Circular" means, in relation to the Issuer Notes, the offering
circular dated [o] January 2005 relating to the issue of the Reg S Notes (as
supplemented by the Note Supplement relating to each Series and Class of
Notes) and, in relation to Notes issued by any other Issuer, the offering
circular relating to the Reg S Notes issued by such Issuer including, in each
case, the Prospectus attached thereto;

"Officers' Certificate" means with respect to any Person, a certificate signed
by any director or equivalent officer of such Person. Each such certificate
shall include the statements provided for in Clause 16 of the Issuer Trust
Deed if and to the extent required by the provisions thereof;

"Opinion of Counsel" means an opinion in writing signed by legal counsel who
shall be acceptable to the Note Trustee and who may be counsel to the Master
Issuer or to an affiliate of the Master Issuer or to such other party as the
Note Trustee may from time to time agree. Each such opinion shall include the
statements provided for in Clause 16 of the Master Issuer Trust Deed if and to
the extent required by the provisions hereof;

"Original Bullet Redemption Note" means an Issuer Note which has, at any time,
been a Bullet Loan Tranche, even if such Loan Tranche has subsequently become
a Pass-Through Loan Tranche;

"Pass-Through Loan Tranche" means a Loan Tranche which has no specified
repayment dates other than a Final Maturity Date. If a Trigger Event occurs or
the Funding 2 Security or Issuer Security is enforced, then the Bullet
Repayment [(other than the AAA Loan Tranche)], the Scheduled Repayment Loan
Tranches and the Controlled Repayment Loan Tranches will be deemed to be
Pass-Through Loan Tranches;

                                      13
<PAGE>

"Paying Agent and Agent Bank Agreement" means, in relation to the Master
Issuer, the Master Issuer Paying Agent and Agent Bank Agreement, in relation
to any other Issuer, the Paying Agent and Agent Bank Agreement with respect to
such Issuer as defined in the Issuer Master Definitions Schedule relating to
such Issuer;

"Paying Agents" means the Principal Paying Agent and the US Paying Agent
initially appointed as paying agents pursuant to the Current Issuer Paying and
Agent Bank Agreement or, if applicable, any successor paying agents;

"Payment Date" means:

(a)      in respect of each Series and Class of Issuer Notes which are Fixed
         Rate Notes, such date or dates as indicated for such Issuer Notes in
         the applicable Note Supplement;

(b)      in respect of each Series and Class of Issuer Notes which are
         Floating Rate Notes or Index Linked Interest Notes, either:

         (i)      a date which falls thenumber of months or other period
                  specified as the "specified period" for such Issuer Notes in
                  the applicable Note Supplement after the preceding Payment
                  Date or the Interest Commencement date (in the case of the
                  first Payment Date); or

         (ii)     such date or dates as indicated for such Issuer Notes in the
                  applicable Note Supplement; and

(c)      in respect of each Loan Tranche, such date or dates as indicated in
         the related Loan Tranche Supplement;

"Pool Factor".  Not applicable to this transaction;

"Potential Issuer Event of Default" has the same meaning as "Potential Note
Event of Default";

"Potential Note Event of Default" means [o];

"Preliminary Offering Circular" means, in relation to the Current Issuer
Notes, the preliminary offering circular dated [o] January 2005 relating to
the Reg S Notes and, in relation to Notes issued by any other Issuer, the
preliminary offering circular relating to the Reg S Notes issued by such
Issuer including, in each case, the Preliminary Prospectus attached thereto;

"Preliminary Prospectus" means, in relation to the Issuer Notes, the
preliminary prospectus dated [o] January 2005 relating to the US Notes and, in
relation to Notes issued by any other Issuer, the preliminary prospectus
relating to the US Notes issued by such Issuer;

"Principal Amount Outstanding" in relation to the Issuer Notes, has the
meaning set out in Condition 5(C) of the Current Issuer Notes and, in relation
to Notes issued by any other Issuer, has the meaning set out in the Conditions
of such Notes;

"Principal Paying Agent" means in relation to the Issuer Notes, Citibank,
N.A., whose principal office is 5 Carmelite Street, London EC4Y 0PA, in its
capacity as principal paying agent at its specified office initially appointed
as a principal paying agent pursuant to the Issuer Principal Paying and Agent
Bank Agreement or, if applicable, any successor principal paying agent at its
specified office;

                                      14
<PAGE>

"Programme Agreement" means the agreement entered into on or around the
Funding 2 Program Date, as amended from time to time, between the Master
Issuer, [Funding 2] and the dealers named therein (or deemed named therein);

"Programme Limit" means [o];

"Programme Master Definitions Schedule" means the programme master definitions
schedule dated [o] January 2005, signed for the purposes of identification by
Sidley Austin Brown & Wood and Allen & Overy LLP;

"Programme Reserve Required Amount" means as of any Date of Determination, an
amount calculated as the product of (a) the Programme Reserve Required
Percentage and (b) the Principal Amount Outstanding of the Global Intercompany
Loan (including the Principal Amount Outstanding of any Loan Tranche (or the
increase in the Principal Amount Outstanding of any existing Loan Tranche)
that is made on such date);

"Programme Reserve Required Percentage" means on any date, the percentage
specified as such (subject to amendment) in the most recent Note Supplement;

"Programme" means the asset-backed note programme established by or otherwise
contemplated in the [Programme Agreement] and the Issuer Trust Deed;

"Prospectus" means, in relation to the Issuer Notes, the prospectus dated [o]
January 2005 relating to the issue of US Notes as supplemented by the Note
Supplement relating to each Series and Class of Notes and, in relation to
Notes issued by any other Issuer, the prospectus relating to the US Notes
issued by such Issuer;

"Proxy" has the meaning specified in Schedule 4 to the Issuer Trust Deed;

"Rate of Interest" means in relation to any Series and Class of Issuer Notes,
the rate or rates (expressed as a percentage per annum) on interest payable in
respect of such Issuer Notes specified in the applicable Note Supplement or
calculated and determined in accordance with the applicable Note Supplement,
and, in relation to Notes issued by any other Issuer, has the meaning set out
in the Conditions of such Notes;

"Rating Agencies" means S&P, Moody's and Fitch, and "Rating Agency" means any
of them;

"Reasonable Prudent Mortgage Lender" or "reasonable prudent mortgage lender"
means a reasonably prudent prime residential mortgage lender lending to
Borrowers in England, Wales and Scotland who generally satisfy the lending
criteria of traditional sources of residential mortgage capital;

"Record Date" means the fifteenth day before the due date for any payment on
the Issuer Notes;

"Reference Banks" means the principal London office of each of Citibank N.A.,
ABN AMRO Bank N.V., Barclays Bank plc and The Royal Bank of Scotland plc or
any bank that replaces such bank;

"Reference Lenders" has the meaning given to it in the Current Issuer Basis
Rate Swap Agreement;

"Reference Rate" means in respect of any Series and Class of Issuer Notes, the
price specified as such in the applicable Note Supplement;

"Reg S Global Note Certificates" means the note certificates representing the
[o] Notes while in global form;

"Reg S Individual Note Certificate" means [o];

                                      15
<PAGE>

"Reg S Notes" means, the Issuer Notes admitted to the official list maintained
by the UK Listing Authority and admitted to trading on the London Stock
Exchange's market for listed securities (but not including the US Notes);

"Register" means the register of Noteholders kept by the Registrar and which
records the identity of each Noteholder and the number of Notes that each
Noteholder owns;

"Registrar" in respect of the Issuer Notes, means Citibank, N.A., acting
through its office at 5 Carmelite Street, London EC4Y 0PA appointed initially
pursuant to the Issuer Paying Agent and Agent Bank Agreement or, if
applicable, any successor registrar at its specified office, and procured by
the Master Issuer to maintain the Register;

"Registration Statement" means the registration statement on Form S-11 (No.
[o]) as filed with the SEC;

"Regulation S Legend" has the meaning given to it in Section 16 of Schedule 2
to the Issuer Paying Agent and Agent Bank Agreement;

"Regulations" means as the context may require either (i) the Unfair Terms in
Consumer Contracts Regulations 1999 and/or, as applicable, the Unfair Terms in
Consumer Contracts Regulations 1994 or (ii) the Regulations set out in
Schedule 2 to the Issuer Paying Agent and Agent Bank Agreement;

"Relevant Note" has the meaning specified in Schedule 4 to the Issuer Trust
Deed;

"Representative" has the meaning specified in Schedule 4 to the Issuer Trust
Deed;

"Scheduled Repayment Dates" means the Payment Dates specified as such for any
Scheduled Repayment Loan Tranche set out in the applicable Loan Tranche
Supplement;

"Scheduled Repayment Loan Tranche" means any Loan Tranche scheduled to be
repaid in full in [two or more] installments on Scheduled Repayment Dates.
Scheduled Repayment Loan Tranches will be deemed to be Pass-Through Loans if:

(a) a Trigger Event occurs;

(b) the Funding 2 Security is enforced; or

(c) the Issuer Security is enforced.

"Security Documents" means the Issuer Deed of Charge, the Funding Deed of
Charge and each Deed of Accession entered into pursuant to the Funding Deed of
Charge, the Funding 2 Deed of Charge and any Deed of Accession entered into
pursuant to the Funding 2 Deed of Charge and any other security document
entered into pursuant to any of the foregoing;

"Series" means all classes of Issuer Notes issued on a given day and any class
of Issuer Notes issued on any other day which: (a) is expressed to be
consolidated; and (b) is identical in all respects (including as to listing)
except for Closing Date, Interest Commencement Date and issue price, with any
class of Issuer Notes issued on such given day;

"Series and Class" means a particular class of Issuer Notes of a given Series,
or if a class of Issuer Notes comprises of more than one sub-class, then
references to "Series and Class" will refer to a particular sub-class within
such class;

"Specified Currency" has the meaning given to it in the relevant Note
Supplement;

"Specified Currency Swap Rate" means [o];

                                      16
<PAGE>

"Specified Currency Exchange Rate" means, in relation to a Series and Class of
Issuer Notes, the exchange rate specified in the Issuer Swap Agreement
relating to such Series and Class of Issuer Notes or, if the Issuer Swap
Agreement has been terminated, the applicable spot rate;

"Specified Denomination" means, in respect of any Series and Class of Issuer
Notes, the denomination specified as such in the applicable Note Supplement;

"Specified Office" means, as the context may require, in relation to any of
the Agents, the office specified against the name of such Agent in the Issuer
Paying Agent and Agent Bank Agreement or such other specified notice as may be
notified to the Master Issuer and the Note Trustee pursuant to the Issuer
Paying Agent and Agent Bank Agreement;

"Start-up Loan" means the start-up loan that the Start-up Loan Provider shall
make available to the Master Issuer pursuant to the Start-up Loan Agreement;

"Start-up Loan Agreement" means the agreement entered into on or about the
Funding 2 Program Date between the Master Issuer, the Issuer Start-up Loan
Provider and the Issuer Security Trustee relating to the provision of the
Issuer Start-up Loan to the Master Issuer as may be amended, restated, varied
or supplemented from time to time and shall include any additional and/or
replacement start-up loan agreement entered into by such parties in accordance
with the Issuer Transaction Documents;

"Start-up Loan Tranche" or "Start-up Loan Tranches" means each loan made by a
Start-up Loan Provider to the Master Issuer under a Start-up Loan Agreement,
and collectively, the "Start-up Loans";

"Step-up Date" means in respect of any Loan Tranche and the related Series and
Class of Issuer Notes, the Payment Date in respect of a Series and Class of
Issuer Notes on which the interest rate on those Issuer Notes increases by a
predetermined amount following the payment made by the Master Issuer on such
Payment Date, which date for any Loan Tranche or Series and Class of Issuer
Notes will be specified in the Note Supplement for the relevant Issuer Notes;

"Subordinated Principal Test".  Not applicable to this transaction;

"Swap Collateral" means, at any time, any asset (including without limitation,
Cash and/or securities) which is paid or transferred by an Issuer Swap
Provider to the Master Issuer or to Funding 2, as applicable, as collateral to
secure the performance by such Issuer Swap Provider of its obligations under
the relevant Issuer Swap Agreement together with any income or distributions
received in respect of such asset and any equivalent of or replacement of such
asset into which such asset is transformed;

"Swap Collateral Account" means an account opened in the name of the Master
Issuer and/or Funding 2, as applicable, for the purpose of holding Swap
Collateral and maintained in accordance with the Issuer Cash Management
Agreement or the Cash Management Agreement, as applicable;

"Swap Collateral Ancillary Document" means any document (including, without
limitation, any custodial agreement or bank account agreement but excluding
the Issuer Swap Agreements, the Issuer Cash Management Agreement and the
Issuer Deed of Charge) as may be entered into by the Master Issuer from to
time in connection with Swap Collateral;

"Swap Collateral Cash Account" means an account opened in the name of the
Master Issuer for the purpose of holding Swap Collateral in Cash and
maintained in accordance with the terms of the Issuer Cash Management
Agreement;

                                      17
<PAGE>

"Swap Collateral Ledger" means the ledger and any sub-ledgers maintained by
the Issuer Cash Manager in the books of the Master Issuer in accordance with
[Clause 4.8 (Swap Collateral)] of the Issuer Cash Management Agreement;

"Swap Replacement Premium" means any payment received from a replacement swap
providers upon entry into an agreement with such replacement swap provider
replacing a Swap Agreement;

"Tax Credit" has the meaning, where applicable, given to it in each Issuer
Swap Agreement;

"Telerate Page No. 3750" means the display designated as Page 3750 on the
Dow-Jones/Telerate Monitor Service (or such other page as may replace Telerate
Page No. 3750 on that service or such other service as may be nominated by the
British Bankers' Association (including the Reuters Screen) as the information
vendor for the purposes of displaying British Bankers' Association Interest
Settlement Rates for deposits in the currency concerned);

"Transaction Document" means any of the following documents:

         (a)      the Programme Agreement;

         (b)      the Global Intercompany Loan Agreement;

         (c)      the Mortgages Trust Deed;

         (d)      the Controlling Beneficiary Deed;

         (e)      the Mortgage Sale Agreement;

         (f)      each Deed of Accession to the Funding 2 Deed of Charge;

         (g)      the Funding 2 Deed of Charge;

         (h)      the Funding 2 Basis Rate Swap Agreement;

         (i)      the Administration Agreement;

         (j)      the Cash Management Agreement;

         (k)      the Funding 2 Guaranteed Investment Contract;

         (l)      the Mortgages Trustee Guaranteed Investment Contract;

         (m)      the Bank Account Agreement;

         (n)      the Funding 2 Bank Account Agreement;

         (o)      the Stand-By Bank Account Agreement;

         (p)      the Collection Bank Agreement;

         (q)      the Master Definitions Schedule;

         (r)      each Start-Up Loan Agreement;

         (s)      the Corporate Services Agreement;

         (t)      the Issuer Transaction Documents; and

                                      18
<PAGE>

         (u)      any other deeds of accession or supplemental deeds relating
                  to any such documents.

"Transfer Agent" means Citibank, N.A., acting through its Specified Office at
5 Carmelite Street, London EC4Y 0PA, and initially appointed by the Master
Issuer under the Master Issuer Paying Agent and Agent Bank Agreement to
administer the transfer of Master Issuer Notes, or such other person for the
time being acting as Transfer Agent under the Master Issuer Paying Agent and
Agent Bank Agreement;

"Trust Deed" means, in relation to the Master Issuer, the Master Issuer Trust
Deed and, in relation to any other Issuer, the trust deed entered into on the
relevant Closing Date constituting the Notes issued by such Issuer;

"Trustee Acts" means both the Trustee Act 1925 and the Trustee Act 2000 of
England and Wales;

"Underwriters" means, the institutions specified in the Note Supplement
relating to any Series and Class of Notes;

"US Global Note Certificates" means the Global Note Certificates relating to a
Series and Class of US Notes;

"US Individual Note Certificates" means the Individual Note Certificates
relating to a Series and Class of US Notes;

"US Notes" means, any Series of the Class A, Class B, Class M and Class C
Notes which are registered in the United States under the Securities Act;

"US Paying Agent" means Citibank N.A. acting through its New York office as
paying agent in the United States of America; and

"Zero Coupon Note" means an Issuer Note, the interest basis of which is
specified in the applicable Note Supplement as being zero coupon;

2.       Interpretation and Construction

Any reference in this Issuer Master Definitions Schedule or any Transaction
Document to:

         "agreed form" means, in relation to any document, the draft of that
         document the form of which has been agreed between the parties
         thereto (or if such document is delivered pursuant to another
         Transaction Document, between the parties to such Transaction
         Document) and initialled on their behalf for the purpose of
         identification;

         the "assets" of any person shall be construed as a reference to the
         whole or any part of its business, undertakings, property,
         intellectual property, shares, securities, debts, accounts, revenues
         (including any right to receive revenues), goodwill, shareholdings
         and uncalled capital including premium whether now or hereafter
         acquired and any other assets whatsoever;

         the "assignment" of any Mortgage Loan shall be construed, in relation
         to any Scottish Mortgage Loan and its Related Security, so as to
         include the transfer of the beneficial interest therein and/or the
         legal title thereto, and the terms "assign" and "assigned" shall in
         that context be construed accordingly;

         "disposal" shall be construed as any sale, lease, transfer,
         conveyance, assignment, assignation, licence, sub-licence or other
         disposal and "dispose" shall be construed accordingly;

                                      19
<PAGE>

         a "guarantee" means any guarantee, bond, indemnity, letter of credit,
         third party security or other legally binding assurance against
         financial loss granted by one person in respect of any indebtedness
         of another person, or any agreement to assume any indebtedness of any
         other person or to supply funds or to invest in any manner whatsoever
         in such other person by reason of, or otherwise in relation to,
         indebtedness of such other person;

         "indebtedness" shall be construed so as to include any obligation
         (whether incurred as principal or as surety) for the payment or
         repayment of money, whether present or future, actual or contingent;

         a "month" is a reference to a period starting on one day in a
         calendar month and ending on the numerically corresponding day in the
         next calendar month save that, where any such period would otherwise
         end on a day which is not a business day, it shall end on the next
         business day, unless that day falls in the calendar month succeeding
         that in which it would otherwise have ended, in which case it shall
         end on the preceding business day, provided that, if a period starts
         on the last business day in a calendar month or if there is no
         numerically corresponding day in the month in which that period ends,
         that period shall end on the last business day in that later month
         (and references to "months" shall be construed accordingly);

         "party" shall be construed as a party to a particular agreement, as
         the case may be;

         "subsidiary" means, (a) a subsidiary within the meaning of Section
         736 of the Companies Act 1985, and (b) unless the context requires
         otherwise, a subsidiary undertaking within the meaning of Section 258
         of the Companies Act 1985;

         "VAT" means value added tax imposed by the United Kingdom as referred
         to in the Value Added Tax Act 1994 and legislation (whether delegated
         or otherwise) replacing the same or supplemental thereto or in any
         primary or subordinate legislation promulgated by the European Union
         or any official body or agency thereof, and any similar turnover tax
         replacing or introduced in addition to any of the same;

         a "wholly-owned subsidiary" of a company or corporation shall be
         construed as a reference to any company or corporation which has no
         other members except that other company or corporation and that other
         company's or corporation's wholly-owned subsidiaries or persons
         acting on behalf of that other company or corporation or its
         wholly-owned subsidiaries; and

         the "winding-up" or "administration" of a company or corporation
         shall be construed so as to include any equivalent or analogous
         proceedings under the law of the jurisdiction in which such company
         or corporation is incorporated or any jurisdiction in which such
         company or corporation carries on business including the seeking of
         liquidation, winding-up, bankruptcy, reorganisation, dissolution,
         administration, arrangement, adjustment, protection or relief of
         debtors.

1.1      "(GBP)", "sterling", "Sterling" or "pounds sterling" denotes the
         lawful currency for the time being of the United Kingdom of Great
         Britain and Northern Ireland; "(euro)", "euro" or "Euro" denotes the
         lawful currency for the time being of the member states of the
         European Union that adopt the single currency introduced at the start
         of the third stage of European Economic Monetary Union pursuant to
         the Treaty of Rome of 25th March, 1957, establishing the

                                      20
<PAGE>

         European Community as amended from time to time and as amended by,
         inter alia, the Treaty of European Union of 7th February, 1992; "$",
         "US$", "US dollars", "dollars" or "Dollars" denotes the lawful
         currency for the time being of the United States of America.

2.2      In this Issuer Master Definitions Schedule and in any of the
         Transaction Documents in which this Issuer Master Definitions
         Schedule is expressed to be incorporated or to which this Issuer
         Master Definitions Schedule is expressed to apply:

         (a)      words denoting the singular number only shall include the
                  plural number also and vice versa;

         (b)      words denoting one gender only shall include the other
                  genders;

         (c)      words denoting persons only shall include firms and
                  corporations and vice versa;

         (d)      references to any statutory provision shall be deemed also
                  to refer to any statutory modification or re-enactment
                  thereof or any statutory instrument, order or regulation
                  made thereunder or under any such re-enactment;

         (e)      references to any agreement or other document (including any
                  of the Transaction Documents) shall be deemed also to refer
                  to such agreement or document as amended, varied,
                  supplemented or novated from time to time;

         (f)      clause, paragraph and schedule headings are for ease of
                  reference only;

         (g)      reference to a statute shall be construed as a reference to
                  such statute as the same may have been, or may from time to
                  time be, amended or re-enacted to the extent such amendment
                  or re-enactment is substantially to the same effect as such
                  statute on the date hereof;

         (h)      unless stated otherwise reference to a time of day shall be
                  construed as a reference to London (GMT) time; and

         (i)      references to any person shall include references to his
                  successors, transferees and assigns and any person deriving
                  title under or through him.

2.3      Save as provided otherwise, where any obligation in a Transaction
         Document is owed to more than one party that obligation is owed to
         each of them separately and may be enforced by any of them.

2.4      Where a term is used but not defined in this Issuer Master
         Definitions Schedule, that term shall have the meaning indicated in
         the Master Definitions Schedule.

3.       Governing Law

This Issuer Master Definitions Schedule is governed by, and shall be construed
in accordance with, the laws of England.

                                      21
<PAGE>

                                  SCHEDULE 1

                            STANDARD DOCUMENTATION

                                      22
<PAGE>

                                [TO BE UPDATED]

         Part 1 Documents Used in the Origination of any Mortgage Type

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A          Mortgage Brochures
----------------------------------------------------------------------------------------------------------------
A1         Hard to beat - Mortgages - An Introduction      Dev 3  1.6.95     From 1 Jun 1995 to Apr 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A2         Hard to Beat - Keeping the Benefits Once        DEV 93            From 19 Jun 1995
           Your Mortgage Ends                              19.06.1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A3         Mortgages - A guide to costs                    Dev 143 1.7.95    From 1 Jul 1995 to Jul 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A4         Mortgages - A guide to costs                    Dev 143  14.7.95  From 14 Jul 1995 to Sep 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A5         Mortgages - A guide to costs                    Dev 143  4.9.95   From 4 Sep 1995 to Nov 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A6         Mortgages - A guide to costs                    Dev 143 30.11.95  From 30 Nov 1995 to Dec 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A7         Mortgages - A guide to costs                    Dev 143 13.12.95  From 13 Dec 1995 to Mar 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A8         Mortgages - A guide to costs                    Dev 143 8.3.96    From 8 Mar 1996 to Jun 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A9         Mortgages - A guide to costs                    Dev 143 10.6.96   From 10 Jun 1996 to Feb 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A10        Hard to Beat - Keeping the Benefits Once        DEV 93            From 1 Sept 1996
           Your Mortgage Ends                              01.9.1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A11        Mortgages - A guide to costs                    Dev 143 11.2.97   From 11 Feb 1997 to Mar 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A12        You and your mortgage - The Mortgage
           Code [Introductory leaflet]
----------------------------------------------------------------------------------------------------------------
A13        The Mortgage Code                               First Edition:    From Mar 1997
                                                           March 1997
----------------------------------------------------------------------------------------------------------------
A14        Mortgages - A guide to costs                    Dev 143 27.3.97   From 27 Mar 1997 to May 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A15        Hard to beat - Mortgages - An Introduction      Dev 3  10.4.97    From 10 Apr 1997 to Jul 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A16        Mortgages - A guide to costs                    Dev 143 6.5.97    From 6 May 1997 to Jul 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A17        Hard to beat - Mortgages - An Introduction      Dev 3  1.7.97     From 1 Jul 1997 to Oct 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A18        Mortgages - A guide to costs - Hard to Beat     Dev 143 11.7.97   From 11 Jul 1997 to Oct 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
A19        Hard to beat - Mortgages - An Introduction      MAR 1  1.10.97    From 1 Oct 1997 to Dec 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A20        Mortgages - A guide to costs - Hard to Beat     MAR 2 1.10.97     From 1 Oct 1997 to Nov 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      23
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A21        Hard to Beat - Keeping the Benefits Once        MAR 9             From 1 Oct 1997
           Your Mortgage Ends                              01.10.1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A22        Mortgages - A guide to costs - Hard to Beat     MAR 2 12.11.97    From 12 Nov 1997 to Feb 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A23        Hard to beat - Mortgages - An Introduction      MAR 1 15.12.97    From 15 Dec 1997 to Feb 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A24        Hard to beat - Mortgages - An Introduction      MAR 1  12.2.98    From 12 Feb 1998 to Oct 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A25        Mortgages - A guide to costs - Hard to Beat     MAR 2 12.2.98     From 12 Feb 1998 to Jun 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A26        Hard to Beat - Keeping the Benefits Once Your   MAR 9             From 12 Feb 1998
           Mortgage Ends                                   12.2.1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A27        The Mortgage Code                               Second Edition:   From Apr 1998
                                                           April 1998
----------------------------------------------------------------------------------------------------------------
A28        Mortgages - A guide to costs - Hard to Beat     MAR 2/8267        From 17 Jun 1998 to Oct 1998
           Northern Rock plc                               17.6.98
----------------------------------------------------------------------------------------------------------------
A29        Hard to Beat - Keeping the Benefits Once Your   MAR 9/8375        From 1 Aug 1998
           Mortgage Ends                                   01.8.1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A30        Mortgages - A guide to costs - Hard to Beat     MAR 2/8528        From 8 Oct 1998 to Nov 1998
           Northern Rock plc                               8.10.98
----------------------------------------------------------------------------------------------------------------
A31        Hard to beat - Mortgages - An Introduction      MAR 1 23.10.98    From 23 Oct 1998 to Feb 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A32        Mortgages - A guide to costs - Hard to Beat     MAR 2/8600        From 5 Nov 1998 to Jan 1999
           Northern Rock plc                               5.11.98
----------------------------------------------------------------------------------------------------------------
A33        Mortgages - A guide to costs - Hard to Beat     MAR 2/8729        From 7 Jan 1999 to Feb 1999
           Northern Rock plc                               7.1.99
----------------------------------------------------------------------------------------------------------------
A34        Mortgages - A guide to costs - Hard to Beat     MAR 2/8789        From 4 Feb 1999 to Apr 1999
           Northern Rock plc                               4.2.99
----------------------------------------------------------------------------------------------------------------
A35        Mortgages - An Introduction                     MAR 1  25.2.99    From 25 Feb 1999 to Jun 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A36        Mortgages - A guide to costs - Hard to Beat     MAR 2/8923        From 13 Apr 1999 to Jun 1999
           Northern Rock plc                               13.4.99
----------------------------------------------------------------------------------------------------------------
A37        Mortgages - the details                         MAR 23/8958       From 16 Jun 1999 to Jan 2000
           Northern Rock plc                               16.6.99
----------------------------------------------------------------------------------------------------------------
A38        Mortgages - the costs                           MAR 244/8958      From 16 Jun 1999 to Jun 1999
           Northern Rock plc                               16.6.99
----------------------------------------------------------------------------------------------------------------
A39        Mortgages - the costs                           MAR 244/9115      From 28 Jun 1999 to Nov 1999
           Northern Rock plc                               28.6.99
----------------------------------------------------------------------------------------------------------------
A40        Mortgages - the costs                           MAR 244/9489      From 9 Nov 1999 to Jan 2000
           Northern Rock plc                               9.11.99
----------------------------------------------------------------------------------------------------------------
A41        Mortgages - the details                         MAR 235/9611      From 4 Jan 2000 to May 2000
           Northern Rock plc                               4.1.2000
----------------------------------------------------------------------------------------------------------------
A42        Mortgages - the costs                           MAR 244/9679      From 17 Jan 2000 to Mar 2000
           Northern Rock plc                               17.1.2000
----------------------------------------------------------------------------------------------------------------
</TABLE>

                                      24
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A43        Be straight with me - Mortgage costs in black   MAR 244/9815      From 4 Mar 2000 to Apr 2000
           and white                                       4.3.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A44        Safe & Sure - Keeping the Benefits Once Your    MAR 9/9895        From 14 Mar 2000
           Mortgage Ends                                   14.3.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A45        Be straight with me - Mortgage costs in black   MAR 244/10029     From 27 Apr 2000 to Jan 2001
           and white                                       27.4.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A46        Give me the facts - Mortgage details explained  MAR 235/9666 and  From 1 May 2000 to Oct 2000
           Northern Rock plc                               5.2000
----------------------------------------------------------------------------------------------------------------
A47        Give me a choice - Mortgage deals to suit       MAR 236/10198     From 28 Jun 2000 to Aug 2000
           everyone                                        and 28.6.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A48        Give me a choice - Mortgage deals to suit       MAR 236/10332     From 4 Aug 2000
           everyone                                        4.8.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A49        Give me the facts - Mortgage details explained  MAR 235/10554     From Oct 2000 to Jan 2001
           Northern Rock plc                               and 10.2000
----------------------------------------------------------------------------------------------------------------
A50        Give me the facts                               MAR 235/10899     From 10 Jan 2001 to Sep 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A51        Be straight with me - Mortgage costs in black   MAR 244/10868     From 10 Jan 2001 to Feb 2001
           and white                                       10.1.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A52        Be straight with me - Mortgage costs in black   MAR 244/10998     From 8 Feb 2001 to Apr 2001
           and white                                       8.2.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A53        Be straight with me - Mortgage costs in black   MAR 244/11170     From 5 Apr 2001 to May 2001
           and white                                       5.4.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A54        Be straight with me - Mortgage costs in black   MAR 244/11281     From 10 May 2001 to Aug 2001
           and white                                       10.5.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A55        Be straight with me - Mortgage costs in black   MAR 244/11592     From 2 Aug 2001 to Sep 2001
           and white                                       2.8.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A56        Give me the facts                               MAR 235/11679     From 3 Sep 2001
           Northern Rock plc                               3.9.2001
----------------------------------------------------------------------------------------------------------------
A57        Be straight with me - Mortgage costs in black   MAR 244/11592     From 3 Sep 2001 to Sep 2001
           and white                                       3.9.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A58        Be straight with me - Mortgage costs in black   MAR 244/11807     From 19 Sep 2001 to Oct 2001
           and white                                       19.9.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A59        Be straight with me - Mortgage costs in black   MAR 244/11855     From 4 Oct 2001 to Nov 2001
           and white                                       4.10.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A60        Be straight with me - Mortgage costs in black   MAR 244/11973     From 8 Nov 2001
           and white                                       8.11.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      25
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A61        Safe & Sure - Keeping the Benefits Once Your    MAR 9/12119       From 12 Dec 2001
           Mortgage Ends                                   12.12.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A62        Give me the facts                               MAR 235/12189     From 9 Jan 2002
           Northern Rock plc                               9.1.2002
----------------------------------------------------------------------------------------------------------------
A63        All you need to know about mortgages            MAR 235/12275     From 21 Jan 2002
           Northern Rock plc                               21.1.2002
----------------------------------------------------------------------------------------------------------------
A64        Be straight with me - Mortgage costs in black   MAR 244/12486     From 1 Apr 2002
           and white                                       1.4.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A65        All you need to know about mortgages            MAR 235/12537     From 9 May 2002
           Northern Rock plc                               9.5.2002
----------------------------------------------------------------------------------------------------------------
A66        Be straight with me - Mortgage costs in black   MAR 244/12539     From 9 May 2002
           and white                                       9.5.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A67        Be straight with me - Mortgage costs in black   MAR 244/12859     From 26 Jul 2002
           and white                                       26.7.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A68        All you need to know about mortgages            MAR 235/13039     From 10 Oct 2002
           Northern Rock plc                               10.10.2002
----------------------------------------------------------------------------------------------------------------
A69        I want a shorter mortgage, and I want           MAR 617/13070     From 10 Oct 2002
           guarantees - Mortgages Guaranteed Repayment     10.10.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A70        Be straight with me - Mortgage costs in black   MAR 244/12123     From 10 Oct 2002
           and white                                       10.10.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A71        Hard to Beat - Keeping the Benefits Once Your   MAR 9             From 1 Oct 1997
           Mortgage Ends                                   01.10.1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A72        Mortgage costs in black and white               MAR 244/13280     From 6 Jan 2003
           Northern Rock plc                               06.01.2003
----------------------------------------------------------------------------------------------------------------
A73        All you need to know about Mortgages            MAR 235/13279     From 9 Jan 2003
           Northern Rock plc                               09.01.2003
----------------------------------------------------------------------------------------------------------------
A74        I want a shorter mortgage, and guarantee        MAR 617/13371     From 10 Jan 2003
----------------------------------------------------------------------------------------------------------------
A75        Mortgage costs in black and white               MAR 244/13437     From 27 Jan 2003
           Northern Rock plc                               27.01.2003
----------------------------------------------------------------------------------------------------------------
A76        Mortgage costs in black and white               MAR 244/13501     From 8 Feb 2003
           Northern Rock plc                               08.02.2003
----------------------------------------------------------------------------------------------------------------
A77        Mortgages - safe and sure - keep the benefits   MAR 9/12337       Valid until further notice
           once your mortgage is paid off                  1.3.2003          1.2.2003
----------------------------------------------------------------------------------------------------------------
A78        Mortgage Deals to Suit Everyone - Update 18     MAR 236           Valid until further notice -
           June 2003                                       18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------
A79        I want a Shorter Mortgage, and I want           MAR 617/13538     Valid until further notice -
           Guarantees                                      18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------
A80        What's it going to Cost?                        MAR 302           Valid until further notice -
                                                           18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------
A81        I want to Buy to Let                            MAR 466/13927     Valid until further notice -
                                                           18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------
A82        Intermediaries - Mortgage Product Update -      MAR 035           Valid until further notice -
           No. 6                                           18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      26
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A83        Mortgage Costs in Black and White               MAR 244/14005     Valid until further notice -
                                                           14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A84        Mortgage Deals to Suit Everyone - Update 14     MAR 236           Valid until further notice -
           July 2003                                       14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A85        I want a Shorter Mortgage, and I want           MAR 617/14008     Valid until further notice -
           Guarantees                                      14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A86        I want to Buy to Let                            MAR 466/14007     Valid until further notice -
                                                           14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A87        What's it going to Cost?                        MAR 302           Valid until further notice -
                                                           14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A88        Intermediaries - Mortgage Product Update -      MAR 035/14031     Valid until further notice -
           No. 7                                           14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
A89        Mortgage Costs in Black and White               MAR 244/14055     Valid until further notice -
                                                           25.7.2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
A90        Mortgage Deals to Suit Everyone - Update 25     MAR 236           Valid until further notice -
           July 2003                                       25.7.2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
A91        I want to Buy to Let                            MAR 466/14056     Valid until further notice -
                                                           25.7.2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
A92        What's it going to Cost?                        MAR 302           Valid until further notice -
                                                           25.7.2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
A93        Intermediaries - Mortgage Product Update -      MAR 035/14031     Valid until further notice -
           No. 8                                           25.7.2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
A94        Mortgage Deals to Suit Everyone - Update 8      MAR 236           Valid until further notice -
           August 2003                                     8.8.2003          8.8.2003
----------------------------------------------------------------------------------------------------------------
A95        I want to Buy to Let                            MAR 466/14133     Valid until further notice -
                                                           8.8.2003          8.8.2003
----------------------------------------------------------------------------------------------------------------
A96        What's it going to Cost?                        MAR 302           Valid until further notice -
                                                           8.8.2003          8.8.2003
----------------------------------------------------------------------------------------------------------------
A97        Intermediaries - Mortgage Product Update -      MAR 035/14104     Valid until further notice -
           No. 9                                           8.8.2003          8.8.2003
----------------------------------------------------------------------------------------------------------------
A98        All you need to know about mortgages            MAR 235/13729     Valid until further notice -
                                                           1.5.2003          1.5.2003
----------------------------------------------------------------------------------------------------------------
A99        Intermediaries - Mortgage Product Update No.    MAR 035/14201     Valid 9.9.2003
----------------------------------------------------------------------------------------------------------------
A100       Mortgage Deals to Suit Everyone - Update 9th    MAR 236           Valid until further notice
           September 2003                                                    9.9.2003
----------------------------------------------------------------------------------------------------------------
A101       Intermediaries - Mortgage Product Update        MAR 035/14374     Valid 14.10.2003
           No. 11
----------------------------------------------------------------------------------------------------------------
A102       Mortgage Deals to Suite Everyone - Update       MAR 236           Valid until further notice
           14th October 2003                                                 14.10.2003
----------------------------------------------------------------------------------------------------------------
A103       Mortgage Costs in Black and White               MAR 244/14379     Valid until further notice -
                                                                             14.10.2003
----------------------------------------------------------------------------------------------------------------
A104       Mortgage costs in black and white               MAR 690/14451     Valid until further notice -
           Northern Rock plc                                                 14 Oct 2003
----------------------------------------------------------------------------------------------------------------
A105       Mortgage Deals to Suit Everyone - Update 14th   MAR 236           Valid until further notice - 14
           October 2003                                                      Oct 2003
----------------------------------------------------------------------------------------------------------------
A106       Home Equity Release - All you need to know      MAR 329/14399     Valid until further notice - 14
           about Home Equity Release Mortgages                               Oct 2003
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      27
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A107       Home Equity Release - All you need to know      MAR 329/14560     Valid until further notice - 17
           about Home Equity Release Mortgages                               Nov 2003
----------------------------------------------------------------------------------------------------------------
A108       A Guide to your Mortgage Statement              MAR 702/14552     Valid until further notice - 17
                                                                             Nov 2003

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A109       Mortgage costs in black and white               MAR 244/14565     Valid until further notice - 17
           Northern Rock plc                                                 Nov 2003
----------------------------------------------------------------------------------------------------------------
A110       Keep the benefits once your mortgage            MAR 9/14105       Valid until further notice - 17
           is paid off                                                       Nov 2003

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A111       Mortgage Deals to Suit Everyone - Update 17th   MAR 236           Valid until further notice - 17
           November 2003                                                     Nov 2003
----------------------------------------------------------------------------------------------------------------
A112       All you need to know about Mortgages            MAR 235/14462     Valid until further notice -   1
                                                                             Dec 2003

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A113       Mortgage costs in black and white               MAR 244/14638     Valid until further notice -   9
           Northern Rock plc                                                 Dec 2003
----------------------------------------------------------------------------------------------------------------
A114       Mortgage costs in black and white               MAR 244/14709     Valid until further notice - 17
           Northern Rock plc                                                 Dec 2003
----------------------------------------------------------------------------------------------------------------
A115       Mortgage Deals to Suit Everyone - Update 17th   MAR 236           Valid until further notice - 17
           December 2003                                                     Dec 2003
----------------------------------------------------------------------------------------------------------------
A116       Home Equity Release - A Cash Lump Sum or        MAR 328/14598     Valid until further notice - Dec
           Monthly Cash Release                                              2003
----------------------------------------------------------------------------------------------------------------
A117       Fees and Charges - Mortgages                    MAR 713/14719     Valid from -  -     1 Jan 2004

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A118       Home Equity Release - All you need to know      MAR 329/14827     Valid until further notice - 20
           about Home Equity Release Mortgages                               Jan 2004
----------------------------------------------------------------------------------------------------------------
A119       Home Equity Release - You've looked after       MAR 503/14700     Feb 2004
           your home. Now let it look after you.
----------------------------------------------------------------------------------------------------------------
A120       Home Equity Release - Product Detail Summary    MAR 545           Feb 2004
----------------------------------------------------------------------------------------------------------------
A121       Home Equity Release - All you need to know      MAR 329/14973     Valid until further notice - 16
           about Home Equity Release Mortgages                               Feb 2004
----------------------------------------------------------------------------------------------------------------
A122       Mortgage Deals to Suit Everyone - Update 16th   MAR 236           Valid until further notice - 16
           February 2004                                                     Feb 2004
----------------------------------------------------------------------------------------------------------------
A123       All you need to know about Mortgages            MAR 235/1484      Valid until further notice - 26
                                                                             Feb 2004

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      28
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A124       Mortgage Deals to Suit Everyone - Update 9th    MAR 693           Valid until further notice - 9
           March 2004                                                        Mar 2004
----------------------------------------------------------------------------------------------------------------
A125       Mortgage Deals to Suit Everyone - Update 25th   MAR 236           Valid until further notice - 25
           March 2004                                                        Mar 2004
----------------------------------------------------------------------------------------------------------------
A126       Home Equity Release - A Cash Lump Sum or        MAR 726/15148     Valid until further notice - Apr
           Monthly Cash Release                                              2004
----------------------------------------------------------------------------------------------------------------
A127       Mortgage Deals to Suit Everyone - Update 16th   MAR 693           Valid until further notice - 16
           April 2004                                                        Apr 2004
----------------------------------------------------------------------------------------------------------------
A128       Mortgage Deals to Suit Everyone - Update 21     MAR 693           Valid until further notice - 21
           April 2004                                                        Apr 2004
----------------------------------------------------------------------------------------------------------------
A129       I want more from you                            MAR 621/15340     Valid until further notice - May
                                                                             2004
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A130       All you need to know about Mortgages            MAR 235/13729     Valid until further notice - 1
                                                                             May 2004
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A131       You've looked after your home. Now let it       MAR 494/11889     No date
           look after you.

           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
A132       Mortgage deals to suit everyone                 MAR 693           07.05.2004
----------------------------------------------------------------------------------------------------------------
A133       Secured loans costs in black and white          MAR 4/15459       Valid until further notice -
                                                                             12.5.04
----------------------------------------------------------------------------------------------------------------
A134       I just want to be sure                          MAE 8/14450       Valid until further notice - May
                                                                             2004
----------------------------------------------------------------------------------------------------------------
A135       Mortgage costs in black and white               MAR 690/15807     Valid until further notice - 12
                                                                             May 2004
----------------------------------------------------------------------------------------------------------------
A136       Mortgage deals to suit everyone                 MAR 693           12.05.2004
----------------------------------------------------------------------------------------------------------------
A137       Mortgage deals to suit everyone                 MAR 236           2.6.2004
----------------------------------------------------------------------------------------------------------------
A138       I just want to be sure                          MAE 741/15511     Valid until further notice - June
                                                                             2004
----------------------------------------------------------------------------------------------------------------
A139       Secured loans costs in black and white          MAR 4/15459       Valid until further notice - 9
                                                                             June 2004
----------------------------------------------------------------------------------------------------------------
A140       Mortgage costs in black and white               MAR 244/15685     Valid until further notice - 22
                                                                             June 2004
----------------------------------------------------------------------------------------------------------------
A141       Secured loans with a fixed rate                 MAR 125/15573     Valid until further notice - June
                                                                             2004
----------------------------------------------------------------------------------------------------------------
A142       It'll never happen to me                        MAR 742/1511      June 2004
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      29
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
A143       Mortgage deals to suit everyone                 MAR 236           22.6.2004
----------------------------------------------------------------------------------------------------------------
A144       Mortgage costs in black and white               MAR 690/15877     Valid until further notice - 22
                                                                             June 2004
----------------------------------------------------------------------------------------------------------------
A145       Mortgage deals to suit everyone                 MAR 693           22.6.2004
----------------------------------------------------------------------------------------------------------------
A146       Mortgage deals to suit everyone                 MAR 694           2.6.2004
----------------------------------------------------------------------------------------------------------------
A147       Secured loan costs in black and white           MAR 4/15704       Valid until further notice - 1
                                                                             July 2004
----------------------------------------------------------------------------------------------------------------
A148       Mortgage costs in black and white               MAR 690/15988     Valid until further notice - 9
                                                                             July 2004
----------------------------------------------------------------------------------------------------------------
A149       Mortgage deals to suit everyone                 MAR 693           Valid until further notice - 09
                                                                             July 2004
----------------------------------------------------------------------------------------------------------------
A150       Mortgage deals to suit everyone - Update 16th   MAR 236           Valid until further notice - 9
           August 2004                                                       July 2004
----------------------------------------------------------------------------------------------------------------
A151       Mortgage deals to suit everyone                 MAR 236           Valid until further notice - 9
                                                                             July 2004
----------------------------------------------------------------------------------------------------------------
A152       Mortgage deals to suit everyone - Update 16th   MAR 236           Valid until further notice - 16
           August 2004                                                       August 2004
----------------------------------------------------------------------------------------------------------------
A153       Home Equity Release Mortgage                    MAR 726/15972     Valid until further notice -
                                                                             August 2004
----------------------------------------------------------------------------------------------------------------
A154       Secured loans with a fixed rate                 MAR 125/15985     Valid until further notice -
                                                                             August 2004
----------------------------------------------------------------------------------------------------------------
A155       Secured loans costs in black and white          MAR 4/15985       Valid until further notice - 01
                                                                             September 2004
----------------------------------------------------------------------------------------------------------------
A156       Mortgage costs in black and white               MAR 244/16009     Valid until further notice - 1
                                                                             September 2004
----------------------------------------------------------------------------------------------------------------
A157       Thinking of moving?                             MAR 740/14677     No date
----------------------------------------------------------------------------------------------------------------
B          Mortgage Summary Information - Borrowers                          (i.e. given to Borrowers dealing
                                                                             directly with Northern Rock)
----------------------------------------------------------------------------------------------------------------
B1         Update 18th September 2000                      MAR 236           From 18 Sept 2000
                                                           18.9.2000
----------------------------------------------------------------------------------------------------------------
B2         Update 2nd October 2000                         MAR 236           From 02 Oct 2000
                                                           2.10.2000
----------------------------------------------------------------------------------------------------------------
B3         Update 22nd November 2000                       MAR 236           From 22 Nov 2000
                                                           22.11.2000
----------------------------------------------------------------------------------------------------------------
B4         Update 10th January 2001                        MAR 236           From 10 Jan 2001
                                                           10.1.2001
----------------------------------------------------------------------------------------------------------------
B5         Update 1st February 2001                        MAR 236           From 01 Feb 2001
                                                           1.2.2001
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      30
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
B6         Update 12th February 2001                       MAR 236           From 12 Feb 2001
                                                           12.2.2001
----------------------------------------------------------------------------------------------------------------
B7         Update 22nd February 2001                       MAR 236           From 22 Feb 2001
                                                           22.2.2001
----------------------------------------------------------------------------------------------------------------
B8         Update 6th April 2001                           MAR 236           From 06 Apr 2001
                                                           6.4.2001
----------------------------------------------------------------------------------------------------------------
B9         Update 10th May 2001                            MAR 236           From 10 May 2001
                                                           10.5.2001
----------------------------------------------------------------------------------------------------------------
B10        Update 22nd June 2001                           MAR 236           From 22 June 2001
                                                           22.6.2001
----------------------------------------------------------------------------------------------------------------
B11        Update 2nd August 2001                          MAR 236           From 02 Aug 2001
                                                           2.8.2001
----------------------------------------------------------------------------------------------------------------
B12        Update 3rd September 2001                       MAR 236           From 03 Sept 2001
                                                           3.9.2001
----------------------------------------------------------------------------------------------------------------
B13        Update 19th September 2001                      MAR 236           From 19 Sept 2001
                                                           19.9.2001
----------------------------------------------------------------------------------------------------------------
B14        Update 4th October 2001                         MAR 236           From 04 Oct 2001
                                                           4.10.2001
----------------------------------------------------------------------------------------------------------------
B15        Update 5th December 2001                        MAR 236           From 05 Dec 2001
                                                           5.12.2001
----------------------------------------------------------------------------------------------------------------
B16        Update 7th January 2002                         MAR 236           From 07 Jan 2002
                                                           7.1.2002
----------------------------------------------------------------------------------------------------------------
B17        Update 15th January 2002                        MAR 236           From 15 Jan 2002
                                                           15.1.2002
----------------------------------------------------------------------------------------------------------------
B18        Update 25th January 2002                        MAR 236           From 25 Jan 2002
                                                           25.1.2002
----------------------------------------------------------------------------------------------------------------
B19        Update 9th February 2002                        MAR 236           From 9 Feb 2002
                                                           09.2.2002
----------------------------------------------------------------------------------------------------------------
B20        Update 20th March 2002                          MAR 236           From 20 Mar 2002
                                                           20.3.2002
----------------------------------------------------------------------------------------------------------------
B21        Update 10th May 2002                            MAR 236           From 10 May 2002
                                                           10.5.2002
----------------------------------------------------------------------------------------------------------------
B22        Update 26th July 2002                           MAR 236           From 26 Jul 2002
                                                           26.7.2002
----------------------------------------------------------------------------------------------------------------
B23        Update 7th August 2002                          MAR 236           From 7 Aug 2002
                                                           07.8.2002
----------------------------------------------------------------------------------------------------------------
B24        Update 30th August 2002                         MAR 236           From 30 Aug 2002
                                                           30.8.2002
----------------------------------------------------------------------------------------------------------------
B25        Update 21st October 2002                        MAR 236           From 21 Oct 2002
                                                           21.10.2002
----------------------------------------------------------------------------------------------------------------
B26        Update 8th November 2002                        MAR 236           From 8 Nov 2002
                                                           08.11.2002
----------------------------------------------------------------------------------------------------------------
B27        Update 27th November 2002                       MAR 236           From 27 Nov 2002
                                                           27.11.2002
----------------------------------------------------------------------------------------------------------------
B28        Update 10th Jan 2003                            MAR 236           From 10 Jun 2003
                                                           10.01.2003
----------------------------------------------------------------------------------------------------------------
B29        Update 8th Feb 2003                             MAR 236           From 8 Feb 2003
                                                           08.02.2003
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      31
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
B30        Mortgages for Landlords - Update 9th            MAR 466/14234     Valid until further notice
           September 2003                                                    09 Sep 2003
----------------------------------------------------------------------------------------------------------------
B31        Mortgages for Landlords - Update 14th           MAR 466/14380     Valid until further notice
           October 2003                                                      14 Oct 2003
----------------------------------------------------------------------------------------------------------------
B32        Mortgages for Landlords - Update 17th November  MAR 466/14558     Valid until further notice
           2003                                                              17 Nov 2003
----------------------------------------------------------------------------------------------------------------
B33        Mortgages for Landlords - Update 17th December  MAR 466/14705     Valid until further notice
           2003                                                              17 Dec 2003
----------------------------------------------------------------------------------------------------------------
B34        Mortgages for Landlords - Update 20th           MAR 466/14788     Valid until further notice
           January 2004                                                      20 Jan 2004
----------------------------------------------------------------------------------------------------------------
B35        Mortgages for Landlords - Update 16th August    MAE 466/15974     Valid until further notice
           2004                                                              16 August 2004
----------------------------------------------------------------------------------------------------------------
B36        Mortgages for Landlords - Update 9th July 2004  MAR 466/15788     Valid until further notice
                                                                             9 July 2004
----------------------------------------------------------------------------------------------------------------
B37        Mortgages for Landlords - Update 22nd June      MAR 466/15684     Valid until further notice
           2004                                                              22 June 2004
----------------------------------------------------------------------------------------------------------------
C          Mortgage Summary Information - Brokers                            (i.e. given to Borrowers dealing
                                                                             directly with Northern Rock)
----------------------------------------------------------------------------------------------------------------
C1         Mortgage Update                                                   Regular editions from 17 Nov 1994
                                                                             onwards
----------------------------------------------------------------------------------------------------------------
C2         Mortgage Update 9th December 1994               Dev 291           From 09 Dec 1994
----------------------------------------------------------------------------------------------------------------
C3         Mortgage Update 19th December 1994              Dev 291           From 19 Dec 1994
----------------------------------------------------------------------------------------------------------------
C4         Mortgage Update 11th January 1995               Dev 291           From 11 Jan 1995
----------------------------------------------------------------------------------------------------------------
C5         Mortgage Update 1st February 1995               Dev 291           From 01 Feb 1995
----------------------------------------------------------------------------------------------------------------
C6         Mortgage Update 24th March 1995                 Dev 291           From 24 Mar 1995
----------------------------------------------------------------------------------------------------------------
C7         Mortgage Update 18th April 1995                 Dev 291           From 18 April 1995
----------------------------------------------------------------------------------------------------------------
C8         Mortgage Update 17th May 1995                   Dev 291           From 17 May 1995
----------------------------------------------------------------------------------------------------------------
C9         Mortgage Update 5th June 1995                   Dev 291           From 05 Jun 1995
----------------------------------------------------------------------------------------------------------------
C10        Mortgage Update 19th June 1995                  Dev 291           From 19 Jun 1995
----------------------------------------------------------------------------------------------------------------
C11        Mortgage Update 17th July 1995                  Dev 291           From 17 Jul 1995
----------------------------------------------------------------------------------------------------------------
C12        Mortgage Update 1st September 1995              Dev 291           From 01 Sep 1995
----------------------------------------------------------------------------------------------------------------
C13        Mortgage Update 4th September 1995              Dev 291           From 04 Sep 1995
----------------------------------------------------------------------------------------------------------------
C14        Mortgage Update 16th October 1995               Dev 291           From 16 Oct 1995
----------------------------------------------------------------------------------------------------------------
C15        Mortgage Update 30th November 1995              Dev 291           From 30 Nov 1995
----------------------------------------------------------------------------------------------------------------
C16        Mortgage Update 13th December 1995              Dev 291           From 13 Dec 1995
----------------------------------------------------------------------------------------------------------------
C17        Mortgage Update 3rd January 1996                Dev 291           From 03 Jan 1996
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      32
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
C18        Mortgage Update 18th January 1996               Dev 291           From 18 Jan 1996
----------------------------------------------------------------------------------------------------------------
C19        Mortgage Update 25th January 1996               Dev 291           From 25 Jan 1996
----------------------------------------------------------------------------------------------------------------
C20        Mortgage Update 12th March 1996                 Dev 291           From 12 Mar 1996
----------------------------------------------------------------------------------------------------------------
C21        Mortgage Update 22nd April 1996                 Dev 291           From 22 Apr 1996
----------------------------------------------------------------------------------------------------------------
C22        Mortgage Update 10th June 1996                  Dev 291           From 10 Jun 1996
----------------------------------------------------------------------------------------------------------------
C23        Mortgage Update 2nd September 1996              Dev 291           From 02 Sep 1996
----------------------------------------------------------------------------------------------------------------
C24        Mortgage Update 21st October 1996               Dev 291           From 21 Oct 1996
----------------------------------------------------------------------------------------------------------------
C25        Mortgage Update 11th November 1996              Dev 291           From 11 Nov 1996
----------------------------------------------------------------------------------------------------------------
C26        Mortgage Update 3rd January 1997                Dev 291           From 03 Jan 1997
----------------------------------------------------------------------------------------------------------------
C27        Mortgage Update 11th February 1997              Dev 291           From 11 Feb 1997
----------------------------------------------------------------------------------------------------------------
C28        Guide to Mortgages                              Dev 434           From 04 Apr 1997
----------------------------------------------------------------------------------------------------------------
C29        Mortgage Update                                 Dev 435           From 04 Apr 1997
----------------------------------------------------------------------------------------------------------------
C30        Mortgage Update 28.5.97                         Dev 435           From 28 May 1997
----------------------------------------------------------------------------------------------------------------
C31        Mortgage Update 9.6.97                          Dev 435           From 09 Jun 1997
----------------------------------------------------------------------------------------------------------------
C32        Mortgage Update 25.6.97                         Dev 435           From 25 Jun 1997
----------------------------------------------------------------------------------------------------------------
C33        Mortgage Update 11.8.97                         Dev 435           From 11 Aug 1997
----------------------------------------------------------------------------------------------------------------
C34        Mortgage Update 3.9.97                          Dev 435           From 03 Sep 1997
----------------------------------------------------------------------------------------------------------------
C35        Mortgage Update 17.9.97                         Dev 435           From 17 Sep 1997
----------------------------------------------------------------------------------------------------------------
C36        Mortgage Update - Issue No 1                    MAR 35            From 03 Nov 1997
----------------------------------------------------------------------------------------------------------------
C37        Mortgage Update - Issue No 2                    MAR 35            From 12 Nov 1997
----------------------------------------------------------------------------------------------------------------
C38        Mortgage Update - Issue No 3                    MAR 35            From 16 Dec 1997
----------------------------------------------------------------------------------------------------------------
C39        Mortgage Update - Issue No 5                    MAR 35            From 29 Jan 1998
----------------------------------------------------------------------------------------------------------------
C40        Mortgage Update - Issue No 6                    MAR 35            From 12 Feb 1998
----------------------------------------------------------------------------------------------------------------
C41        Mortgage Update - Issue No 7                    MAR 35            From 01 Apr 1998
----------------------------------------------------------------------------------------------------------------
C42        Mortgage Update - Issue No 8                    MAR 35            From 06 May 1998
----------------------------------------------------------------------------------------------------------------
C43        Mortgage Update - Issue No 9                    MAR 35            From 17 Jun 1998
----------------------------------------------------------------------------------------------------------------
C44        Mortgage Update - Issue No 9                    MAR 35            From 01 Jul 1998
----------------------------------------------------------------------------------------------------------------
C45        Mortgage Update - Issue No 10                   MAR 35            From 08 Aug 1998
----------------------------------------------------------------------------------------------------------------
C46        Mortgage Update - Issue No 11                   MAR 35            From 19 Sep 1998
----------------------------------------------------------------------------------------------------------------
C47        Mortgage Update - Issue No 12                   MAR 35            From 08 Oct 1998
----------------------------------------------------------------------------------------------------------------
C48        Mortgage Update - Issue No 13                   MAR 35            From 05 Nov 1998
----------------------------------------------------------------------------------------------------------------
C49        Mortgage Update - Issue No 14                   MAR 35            From 07 Dec 1998
----------------------------------------------------------------------------------------------------------------
C50        Mortgage Update - Issue No 15                   MAR 35            From 22 Jan 1999
----------------------------------------------------------------------------------------------------------------
C51        Mortgage Update - Issue No 16                   MAR 35            From 04 Feb 1999
----------------------------------------------------------------------------------------------------------------
C52        Mortgage Update - Issue No 17                   MAR 35            From 06 Mar 1999
----------------------------------------------------------------------------------------------------------------
C53        Mortgage Update - Issue No 18                   MAR 35            From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
C54        Mortgage Update - Issue No 19                   MAR 35            From 16 Jun 1999
----------------------------------------------------------------------------------------------------------------
C55        Mortgage Update - Issue No 20                   MAR 35            From 28 Jul 1999
----------------------------------------------------------------------------------------------------------------
C56        Mortgage Update - Issue No 21                   MAR 35            From 26 Aug 1999
----------------------------------------------------------------------------------------------------------------
C57        Together Flexible - Total Flexibility
           in One Loan
----------------------------------------------------------------------------------------------------------------
C58        Mortgage Update - Issue No 22                   MAR 35            From 09 Sep 1999
----------------------------------------------------------------------------------------------------------------
C59        Mortgage Update - Issue No 23                   MAR 35            From 29 Sep 1999
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      33
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
C60        Mortgage Update - Issue No 24                   MAR 35            From 09 Nov 1999
----------------------------------------------------------------------------------------------------------------
C61        Mortgage Update - Issue No 25                   MAR 35            From 01 Dec 1999
----------------------------------------------------------------------------------------------------------------
C62        Mortgage Update - Issue No 26                   MAR 35            From 04 Jan 2000
----------------------------------------------------------------------------------------------------------------
C63        Mortgage Update - Issue No 27                   MAR 35            From 17 Jan 2000
----------------------------------------------------------------------------------------------------------------
C64        Mortgage Update - Issue No 28                   MAR 35            From 10 Mar 2000
----------------------------------------------------------------------------------------------------------------
C65        Mortgage Update - Issue No 29                   MAR 35            From 27 Apr 2000
----------------------------------------------------------------------------------------------------------------
C66        Mortgage Update - Issue No 30                   MAR 35            From 07 Jun 2000
----------------------------------------------------------------------------------------------------------------
C67        Mortgage Update - Issue No 31                   MAR 35            From 28 Jun 2000
----------------------------------------------------------------------------------------------------------------
C68        Mortgage Update - Issue No 32                   MAR 35            From 04 Aug 2000
----------------------------------------------------------------------------------------------------------------
C69        Mortgage Update - Issue No 33                                     From 18 Sep 2000
----------------------------------------------------------------------------------------------------------------
C70        Mortgage Update - Issue No 34                                     From 02 Oct 2000
----------------------------------------------------------------------------------------------------------------
C71        Mortgage Update - Issue No 47                   MAR035            From 08 Nov 2001
----------------------------------------------------------------------------------------------------------------
C72        Mortgage Update - Issue No 48                   MAR035            From 05 Dec 2001
----------------------------------------------------------------------------------------------------------------
C73        Mortgage Update - Issue No 49                   MAR035            From 07 Jan 2002
----------------------------------------------------------------------------------------------------------------
C74        Mortgage Update - Issue No 49                   MAR035            From 16 Jan 2002
----------------------------------------------------------------------------------------------------------------
C75        Mortgage Update - Insert to be used in          MAR035            From 16 Jan 2002
           conjunction with Issue No 49
----------------------------------------------------------------------------------------------------------------
C76        Mortgage Update - Insert to be used in          MAR035            From 16 Jan 2002
           conjunction with Issue No 49
----------------------------------------------------------------------------------------------------------------
C77        Mortgage Update - Issue No 50                   MAR035            From 23 Mar 2002
----------------------------------------------------------------------------------------------------------------
C78        Mortgage Update - Issue No 51                   MAR035            From 10 May 2002
----------------------------------------------------------------------------------------------------------------
C79        Mortgage Update - dated 10 May 2002
----------------------------------------------------------------------------------------------------------------
C80        Mortgage Update - Issue No 52                   MAR035            From 26 Jul 2002
----------------------------------------------------------------------------------------------------------------
C81        Mortgage Update - Issue No 53                   MAR035            From 7 Aug 2002
----------------------------------------------------------------------------------------------------------------
C82        Mortgage Update - Issue No 54                   MAR035            From 30 Aug 2002
----------------------------------------------------------------------------------------------------------------
C83        Mortgage Update - Issue No 55                   MAR035            From 4 Sep 2002
----------------------------------------------------------------------------------------------------------------
C84        Mortgage Update - Issue No 56                   MAR035            From 8 Oct 2002
----------------------------------------------------------------------------------------------------------------
C85        Mortgage Update - Issue No 57                   MAR035            From 21 Oct 2002
----------------------------------------------------------------------------------------------------------------
C86        Mortgage Update - Issue No 58                   MAR035            From 8 Nov 2002
----------------------------------------------------------------------------------------------------------------
C87        Mortgage Update - Issue No 59                   MAR035            From 27 Nov 2002
----------------------------------------------------------------------------------------------------------------
C88        Intermediaries - Mortgage Product Update -      MAR035            From 10 Jun 2003
           Issue No 1
----------------------------------------------------------------------------------------------------------------
C89        Intermediaries - Mortgage Product Update -      MAR035            From 8 Mar 2003
           Issue No 2
----------------------------------------------------------------------------------------------------------------
C90
           Intermediaries - Mortgage Product Update -      MAR035/14374      Valid 14.10.2003
           Issue No. 11
----------------------------------------------------------------------------------------------------------------
C91
           Intermediaries - Mortgage Product Update -      MAR709/14401      Valid 17.11.2003
           Issue No. 12
----------------------------------------------------------------------------------------------------------------
C92
           Intermediaries - Mortgage Product Update -      MAR035/14686      Valid 17.12.2003
           Issue No. 13
----------------------------------------------------------------------------------------------------------------
C93
           Intermediaries - Mortgage Product Update -      MAR035/14787      Valid 20.01.2004
           Issue No. 14
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      34
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
C94
           Intermediaries - Mortgage Product Update -      MAR035/14918      Valid 16.02.2004
           Issue No. 15
----------------------------------------------------------------------------------------------------------------
C95
           Intermediaries - Mortgage Product Update -      MAR035/15107      Valid 09.03.2004
           Issue No. 16
----------------------------------------------------------------------------------------------------------------
C96
           Intermediaries - Mortgage Product Update -      MAR035/15162      Valid 25.03.2004
           Issue No. 17
----------------------------------------------------------------------------------------------------------------
C97
           Intermediaries - Mortgage Product Update -      MAR035/15336      Valid 28.04.2004
           Issue No. 18
----------------------------------------------------------------------------------------------------------------
C98
           Intermediaries - Mortgage Product Update -      MAR 035/15526     Valid 2.6.2004
           Issue No. 20
----------------------------------------------------------------------------------------------------------------
C99
           Intermediaries - Mortgage Product Update -      MAR 035/15654     Valid 18.06.2004
           Issue No. 21
----------------------------------------------------------------------------------------------------------------
C100
           Intermediaries - Mortgage Product Update -      MAR 035/15771     Valid 9.07.2004
           Issue No. 22
----------------------------------------------------------------------------------------------------------------
C101
           Intermediaries - Mortgage Product Update -      MAR 035/15939     Valid 16.08.2004
           Issue No. 23
----------------------------------------------------------------------------------------------------------------
C102
           Intermediaries - Home Release Mortgage Product  MAR 746/15742     Valid 15.7.2004
           Update - Issue No. 1
----------------------------------------------------------------------------------------------------------------
D          Mortgage Advice - Borrowers                                       (i.e. given to Borrowers dealing
                                                                             directly with Northern Rock)
----------------------------------------------------------------------------------------------------------------
D1         Mortgage Product Advice and Recommendation      Valid September   From Sep 2000
                                                           2000
----------------------------------------------------------------------------------------------------------------
E          Offers of Advance
----------------------------------------------------------------------------------------------------------------
E1         Offer of Advance                                ADV6F/0396        From Mar 1996
           (with General Conditions on reverse)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
E2         Offer of Advance                                ADV6B/0300        From Mar 2000
           (with General Conditions on reverse)                              In triplicate - white, blue and
           Northern Rock plc                                                 green copies.
----------------------------------------------------------------------------------------------------------------
E3         Revised Offer of Loan [Northern Rock copy]                        From July 2001 - used in
           Northern Rock plc                                                 conjunction with General
                                                                             Conditions introduced on
                                                                             same date - Most of the
                                                                             content of the document
                                                                             is variable and is specific
                                                                             to individual customers/mortgage
                                                                             products
----------------------------------------------------------------------------------------------------------------
F          General Conditions (used on reverse
           of Offer of Advance)
----------------------------------------------------------------------------------------------------------------
F1         General Conditions                              [ADV6/1094]       From Oct 1994 to Jun 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
F2         General Conditions                              ADV6/0695         From Jun 1995 to Jul 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
F3         General Conditions                              ADV6/0795         From Jul 1995 to Jan 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      35
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
F4         General Conditions                              ADV6/0196         From Jan 1996 to Dec 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
F5         General Conditions                              ADV6/1296         From Dec 1996 to ?
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
F6         General Conditions                              ADV6B/1296        From Dec 1996 to Oct 1997
           Northern Rock Building Society                                    [Offer of Advance ADV6F/0396 on
                                                                             the reverse]
----------------------------------------------------------------------------------------------------------------
F7         General Conditions                              ADV6B/1097        From Oct 1997 to Dec 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F8         General Conditions                              ADV6B/1297        From Dec 1997 to Jan 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F9         General Conditions                              ADV6B/0198        From Jan 1998 to Jun 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F10        General Conditions                              ADV6B/0698        From Jun1998 to Jan 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F11        General Conditions                              ADV6B/0199        From Jan 1999 to Sep 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F12        General Conditions                              ADV6B/0999        From Sep 1999 to Mar 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F13        General Conditions                              ADV6B/0300        From Mar 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
F14        Terms and Conditions - Applicant Copy           OBA1/0900 on      From Sep 2000
           Northern Rock plc                               cover
                                                           OBA2/0900 on
                                                           reverse
----------------------------------------------------------------------------------------------------------------
F15        Terms and Conditions - Solicitor Copy           OBS1/0900 on      From Sep 2000
           Northern Rock plc                               cover
                                                           OBS2/0900 on
                                                           reverse
----------------------------------------------------------------------------------------------------------------
F16        Terms and Conditions - Applicant Copy           OBA1/0101 on      From Jan 2001
           Northern Rock plc                               cover
                                                           OBA2/0101 on
                                                           reverse
----------------------------------------------------------------------------------------------------------------
F17        Terms and Conditions - Solicitor Copy           OBA1/0101 on      From Jan 2001
           Northern Rock plc                               cover
                                                           OBA2/0101 on
                                                           reverse
----------------------------------------------------------------------------------------------------------------
F18        General Conditions                              ADV282/           From July 2001
           Northern Rock plc                               July 2001
----------------------------------------------------------------------------------------------------------------
F19        Product Transfer - General Conditions           SB/T&C/FLEX/      From May 2002
           (Flexible) Northern Rock plc                    05/02
----------------------------------------------------------------------------------------------------------------
F20        General Conditions [English and Scottish]       ADV6/0695         Jun 1995
----------------------------------------------------------------------------------------------------------------
F21        General Conditions [English and Scottish]       ADV6/0795         Jul 1995
----------------------------------------------------------------------------------------------------------------
F22        General Conditions [English and Scottish]       ADV6/0196         Jan 1996
----------------------------------------------------------------------------------------------------------------
F23        General Conditions [English and Scottish]       ADV6/1296         Dec 1996
----------------------------------------------------------------------------------------------------------------
F24        General Conditions [English and Scottish]       ADV6/1097         Oct 1997
----------------------------------------------------------------------------------------------------------------
F25        General Conditions [English and Scottish]       ADVB6/1297        Dec 1997
----------------------------------------------------------------------------------------------------------------
F26        General Conditions [English and Scottish]       ADV6B/1297        Dec 1997
----------------------------------------------------------------------------------------------------------------
F27        General Conditions [English and Scottish]       ADV6B/0198        Jan 1998
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      36
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
F28        General Conditions [English and Scottish]       ADV6B/0698        Jun 1996
----------------------------------------------------------------------------------------------------------------
F29        General Conditions [English and Scottish]       ADV6B/0199        Jan 1999
----------------------------------------------------------------------------------------------------------------
F30        General Conditions [English and Scottish]       ADV6/0699         Jun 1999
----------------------------------------------------------------------------------------------------------------
F31        General Conditions [English and Scottish]       ADV6/0300         Mar 2000
----------------------------------------------------------------------------------------------------------------
F32        Terms and Conditions [English and Scottish]     OBA1/0900         Sep 2000
----------------------------------------------------------------------------------------------------------------
F33        Terms and Conditions [English and Scottish]     OBA1/0900         Sep 2000
----------------------------------------------------------------------------------------------------------------
F34        Terms and Conditions [English and Scottish]     OBA1/0101         Jan 2001
----------------------------------------------------------------------------------------------------------------
G          Mortgage Conditions/Building Society Rules
----------------------------------------------------------------------------------------------------------------
G1         Rules of Northern Rock Building Society         GEN 128/1.94      From 28 Apr 1992
----------------------------------------------------------------------------------------------------------------
G2         Mortgage Conditions 1995                        ADV72 06/95       From Jun 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
G3         Mortgage Conditions 1997                        ADV 72 08/97      From Aug 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
G4         Mortgage Conditions 2001                        ADV 276 07/2001   From Oct 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
G5         Mortgage Offer General Conditions [English      ADV282/00701      Jul 2001
           and Scottish]
----------------------------------------------------------------------------------------------------------------
H          Occupiers Undertakings
----------------------------------------------------------------------------------------------------------------
H1         Agreement and Undertaking                       scjh0404/stand    ?
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
H2         Agreement and Undertaking                       (LIF)LIFE30       From Aug 1997
           Northern Rock
----------------------------------------------------------------------------------------------------------------
H3         Agreement and Undertaking                       st/peps           From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
H4         Agreement and Undertaking                       JAGO3/0500        From May 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
H5         Agreement and Undertaking                       UNDERTAKE June    From June 2000
           Northern Rock plc                               2000
----------------------------------------------------------------------------------------------------------------
I          Miscellaneous Mortgage Documentation
----------------------------------------------------------------------------------------------------------------
I1         Mortgage of Life Policy                         SEC 16 /02.94     From Feb 1994
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
I2         Mortgage of Life Policy                         SEC 16 /06.95     From Jun 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
I3         Valuations and Surveys - hard to beat           DEV 125           From 19 Jun 1995
           Northern Rock Building Society                  19.6.1995
----------------------------------------------------------------------------------------------------------------
I4         Valuations and Surveys - hard to beat           DEV 125           From 14 Aug 1995
           Northern Rock Building Society                  14.8.1995
----------------------------------------------------------------------------------------------------------------
I5         Guarantors Confirmation (Existing Borrowers)    ADV 266.7/97      From Jul 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
I6         Mortgage of Life Policy                         SEC 16T /10.97    From Oct 1997
           Northern Rock Building Society/Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I7         Mortgage of Life Policy                         SEC 16 /10.97     From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I8         Guarantors Confirmation (Existing Borrowers)    ADV 266.10/97     From Oct 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      37
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
I9         Guarantors Confirmation                         ADV 265.10/97     From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I9(a)      Guarantors Confirmation                         ADV 265.06/00     From Jun 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I10        Application for Transfer of Ownership of        MA 31/10.97       From Oct 1997
           a Mortgaged Property
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I11        Notice of Assignment of Life Policy             ADV 29 /11.99     From Nov 1999
----------------------------------------------------------------------------------------------------------------
I12        Individual Savers Account (ISA) Policy          JAGO2/0500        From May 2000
           Arrangements form
----------------------------------------------------------------------------------------------------------------
I13        Application for Transfer of Ownership of        MA 31/Feb.01      From Feb 2001
           a Mortgaged Property
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
I14        Deed of Guarantee                               SOL013 / July     From Jul 2001
           Northern Rock plc                               2001
----------------------------------------------------------------------------------------------------------------
I15        Guarantors Confirmation                         NRDGC 05/02       From May 2002 - This document is
           Northern Rock plc                                                 only used by Northern Rock Direct
----------------------------------------------------------------------------------------------------------------
I16        Confirmation of Identity                        GASelfCert -      From Aug 2003
           Northern Rock plc                               Aug 2003
----------------------------------------------------------------------------------------------------------------
I17        Release and Re-assignment of Life Policy        SEC 51/10.97      1 Oct 1997
           [English And Scottish]
----------------------------------------------------------------------------------------------------------------
I18        Valuatios and Surveys                           MAR 6/14054       Valid until further notice 08.03
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J          Mortgage Origination and Completion -
           Solicitors/Other Third Party Documentation
----------------------------------------------------------------------------------------------------------------
J1         Valuations and Surveys - Helping you ensure     DEV 125           From 1 Oct 1992
           your home is a solid investment                 01.10.1992
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J2         Report on Title and Funds Request (including    MA55 01/94        From Jan 1994
           Instructions to Solicitors/Licensed
           Conveyancers)
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J3         Report on Title and Funds Request (including    MA55 /04.96       From Apr 1996
           Instructions to Solicitors/Licensed
           Conveyancers)
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J4         Changes of Ownership in Mortgaged Property -    ADV 54 /05.96     From May 1996
           Note to Solicitors
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J5         Report on Title and Funds Request (including    MA55 /01.97       From Jan 1997
           Instructions to Solicitors/Licensed
           Conveyancers)
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J6         Changes of Ownership in Mortgaged Property -    ADV 54 02.97      From Feb 1997
           Note to Solicitors
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J7         Changes of Ownership in Mortgaged Property -    ADV 54 07.97      From Jul 1997
           Note to Solicitors
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      38
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
J8         Report on Title and Funds Request (including    MA55 /10.97       From Oct 1997
           Instructions to Solicitors/Licensed
           Conveyancers)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J9         Changes of Ownership in Mortgaged Property -    ADV 54 10.97      From Oct 1997
           Note to Solicitors
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J10        Valuations and Surveys - hard to beat           MAR 6             From 1 Oct 1997
           Northern Rock plc                               1.10.1997
----------------------------------------------------------------------------------------------------------------
J11        Report and Valuation for Mortgages Purposes     ADV 155 10.97     From Oct 1997
           on behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J12        Report and Valuation for Mortgages Purposes     ADV 179 10.97     From Oct 1997
           on behalf of Northern Rock plc - Sheet 2
----------------------------------------------------------------------------------------------------------------
J13        Report and Valuation for Mortgages Purposes     ADV 267 10.97     From Oct 1997
           on behalf of Northern Rock plc - Sheet 2 in
           respect of loans exceeding (GBP)150,000
----------------------------------------------------------------------------------------------------------------
J14        Report and Valuation for Mortgages Purposes     ADV 7a 10.97      From Oct 1997
           on behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J15        Reinspection Report                             ADV 76 10.97      From Oct 1997
           Northern Rock plc (2 versions)
----------------------------------------------------------------------------------------------------------------
J16        Additional Advance Valuation Report             ADV 127B 10.97    From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J17        Report and Valuation for Mortgages Purposes     ADV 155 12.98     From Dec 1998
           on behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J18        Part 2 Instructions (in relation to the CML                       Offers of Advance issued from 01
           Lenders' Handbook for England & Wales)                            Jun 2000[?]
----------------------------------------------------------------------------------------------------------------
J19        Certificate of Title                            JAGO4/0700        From Jul 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J20        Certificate of Title                            COT/0700          From Jul 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J21        Part 2 Instructions (in relation to the
           CML Offers of Advance issued from Lenders'
           Handbook for England & Wales) late Summer
           2000[?]
----------------------------------------------------------------------------------------------------------------
J22        Deeds Dematerialisation [Notice to                               [From Apr 2000?]
           solicitors] Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J23        Valuations and Surveys - Property               MAR 6/10550       From Oct 2000
           Northern Rock plc                               Oct 2000
----------------------------------------------------------------------------------------------------------------
J24        Changes of Ownership in Mortgaged Property      ADV 54 11/00      From Nov 2000
           - Note to Solicitors
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
J25        Certificate of Title (including Drawdown        COT/0502          From May 2002
           Loan Certificate)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J26        Valuations and Surveys - Property               MAR 6/12661       From May 2002
           Northern Rock plc                               May 2002
----------------------------------------------------------------------------------------------------------------
J27        Report and Valuation for Mortgages Purposes     AL/SAS/267/       From Sep 2002
           on behalf of Northern Rock plc - Sheet 2 in     (500+) 09.02
           respect of loans exceeding(GBP)1,000,000
----------------------------------------------------------------------------------------------------------------
J28        Certificates of Title                           COT/1102          From Nov 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      39
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
J29        Report and Valuation for Mortgage Purposes      ADV 155/07.03     From July 2003
           on behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
J30        Funds Release (Certificate of Title) for        N/A               18 Jun 2001
           Rapid Remortgages with Multiple Clients
           [English And Scottish]
----------------------------------------------------------------------------------------------------------------
J31        Part 2 - Name of Mortgage Lender (CML           N/A               1 Oct 2002
           Mortgage Lender's Handbook for England
           and Wales)
----------------------------------------------------------------------------------------------------------------
J32        Part 2 - Name of Mortgage Lender (CML           N/A               1 Nov 2002
           Mortgage Lender's Handbook for England
           and Wales)
----------------------------------------------------------------------------------------------------------------
J33        Part 2 - Name of Mortgage Lender (CML           N/A               13 Oct 2003
           Mortgage Lender's Handbook for England
           and Wales)
----------------------------------------------------------------------------------------------------------------
J34        Memo from D. Maughan to C Jobe re.              N/A               13 Nov 2003
           Unsecured Business - Third Party
           Contracts (The Motley Fool)
----------------------------------------------------------------------------------------------------------------
J35        Agreement between Northern Rock and             N/A               5 Nov 2003
           The Motley Fool re. Media Service
           (Advertising)
----------------------------------------------------------------------------------------------------------------
J36        Letter from Mortgage Next to Northern           28 Aug 2003
           Rock re.
----------------------------------------------------------------------------------------------------------------
J37        Procuration Fee Approval Form in relation       26 Nov 2003
           to Moneyextra
----------------------------------------------------------------------------------------------------------------
J38        Procuration Fee Approval Form in relation       27 Nov 2003
           to Traditional Intermediaries
----------------------------------------------------------------------------------------------------------------
J39        Northern Rock Intermediary Registration         N/A               N/A
           Form
----------------------------------------------------------------------------------------------------------------
J40        Northern Rock Standard Form Intermediary        N/A               N/A
           Agreement
----------------------------------------------------------------------------------------------------------------
K          Completion Documentation
----------------------------------------------------------------------------------------------------------------
K1         Schedule of Documents of Title                  SEC 28/11.94      From Nov 1994
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
K2         Schedule of Documents of Title                  SEC 28/01.96      From Jan 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
K3         Schedule of Documents of Title                  SEC28 /10.97      From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K4         Schedule of Documents of Title                  SEC 28/01.96      From Jan 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
K5         Schedule of Documents of Title                  SEC28 /10.97      From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K6         Schedule of Documents of Title                  JAGO1/0500        From May 2000
           Northern Rock plc                               JAGO1B/0500
----------------------------------------------------------------------------------------------------------------
K7         Deeds Schedule                                  SODT/0201         From Feb 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      40
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
K8         Completion Advice                               A146F -           Completions advices are in a
           Northern Rock plc                               representative    flexible format - content is
                                                           sample            variable depending upon
                                                                             circumstances of loan and product
                                                                             applied for.  Permutations are
                                                                             vast and it is impractical to
                                                                             maintain an archive of each
                                                                             scenario.
----------------------------------------------------------------------------------------------------------------
K9         Additional Advance Cheque Request               ADV 133 01/94     From Jan 1994
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
K10        Re-Advance/Further Advance Receipt              SEC 37 /10.97     From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K11        Additional Advance Funds Request                ADV 271 /10.97    From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K12        Additional Advance Funds Request                ADV 271 1/98      From Jan 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K13        Additional Advance Funds Request                AAFR/0802         From Aug 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
K14        Additional Advance Funds Request
----------------------------------------------------------------------------------------------------------------
K15        Certificate of Title                            COT/0804
----------------------------------------------------------------------------------------------------------------

</TABLE>

               Part 2 Documents Used Only in the Origination of
    Standard Fixed Rate, Standard Variable Rate, Cashback, Capped, Tracker,
            CAT Standard, Discount and Discount for Life Mortgages

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
L          Mortgage Application Forms - General
----------------------------------------------------------------------------------------------------------------
L1         Mortgage Application Form                        ADV 4. 05/95     From May 1995 to Mar 1996
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
L2         Mortgage Application Form                        ADV 4. 03/96     From Mar 1996 to Jul 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
L3         Mortgage Application Form                        ADV 4. 07/97     From Jul 1997 to Oct 1997
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
L4         Mortgage Application Form                        ADV 4. 10/97     From Oct 1997 to Dec 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L5         Mortgage Application Form                        ADV 4. 12/97     From Dec 1997 to Mar 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L6         Mortgage Application Form                        ADV 4 DRTV 3/98  From Mar 1998 to Apr 1998
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L7         Mortgage Application Form                        ADV 4. 4/98      From Apr 1998 to Jan 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L8         Mortgage Application Form                        ADV 4. 1/99      From Jan 1999 to Feb 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L9         Mortgage Application Form                        ADV 4. 2/00      From Feb 2000 to Jun 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L10        Mortgage Application Form                        ADV 4. 6/00      From Jun 2000 to Dec 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      41
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
L11        Mortgage Application Form                        ADV4. 12/00      From Dec 2000 to Jan 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L12        Mortgage Application Form                       ADV4. 01/01       From Jan 2001 to May 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L13        Mortgage Application Form                       ADV4. 05/01       From May 2001 to Sept 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L14        Mortgage Application Form                       ADV4. 09/01       From Sept 2001 to Oct 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L15        Mortgage Application Form                       ADV4. 10/01       From Oct 2001 to Aug 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
           NB From this point onwards the Mortgage
           Application Forms appear to also be used
           or the Together/Together Connections products.
----------------------------------------------------------------------------------------------------------------
L16        Mortgage Application Form                       ADV4. 08.02       From Aug 2002 to Oct 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L17        Mortgage Application Form                       ADV4. 10.02       From Oct 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L18        Your Personal Quotation and Transfer            19 Sep 2002      (Sample re Mr and Mrs Kapke)
           Declaration for a Flexible Fixed Rate
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L19        Your Personal Quotation and Transfer            19 Sep 2002      (Sample re Mr Mcparland and Miss
           Declaration for a Together Mortgage                              Davis)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L20        Mortgage Application Form                       ADV4.02.03        From Feb 2003
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
L21        Mortgage Application Form [Both English         ADV4. 04.03       Apr 2003
           And Scottish]
----------------------------------------------------------------------------------------------------------------
M          Mortgage Application Forms - Northern
           Rock Direct
----------------------------------------------------------------------------------------------------------------
M1         Your Direct Mortgage Application Form           Dev 439 4/97      From Apr 1997 to Oct 1997
           Northern Rock Direct/Northern Rock
           Building Society
----------------------------------------------------------------------------------------------------------------
M2         Your Direct Mortgage Application Form           MAR 17b 1.10.97   From Oct 1997 to Dec 1997
           Northern Rock Direct/Northern Rock plc
----------------------------------------------------------------------------------------------------------------
M3         Your Direct Mortgage Application Form           MAR 17b           From Dec 1997 to May 1998
           Northern Rock Direct/Northern Rock plc          15.12.97
----------------------------------------------------------------------------------------------------------------
M4         Your Direct Mortgage Application Form           MAR 124 31 May    From May 1998 to ?
           Northern Rock Direct/Northern Rock plc          1998
----------------------------------------------------------------------------------------------------------------
M5         Home Equity Release Mortgage Application        MAR 327/560       7.2004
           Form
----------------------------------------------------------------------------------------------------------------
N          Application Forms - Specialist
----------------------------------------------------------------------------------------------------------------
N1         Secured Personal Loan Application Form          ADV 31. 1/99      From Jan 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
N2         Secured Personal Loan Application Form          ADV031            From May 2000
           Northern Rock plc                               (8.5.2000)
----------------------------------------------------------------------------------------------------------------
N3         Secured Personal Loan Application Form          ADV031            From Oct 2001
           Northern Rock plc                               (22.10.2001)
----------------------------------------------------------------------------------------------------------------
N4         Secured Personal Loan Application Form          ADV031            From Aug 2002
           Northern Rock plc                               (01.8.2002)
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      42
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
O          Special Conditions for Fixed Rate Mortgages
           (used with Offer of Advance)
----------------------------------------------------------------------------------------------------------------
O1         5 year Fixed Rate Mortgage                      AY                From 15 Jul 1997
----------------------------------------------------------------------------------------------------------------
O2         5 year Fixed Rate Mortgage                      BA                From 26 Jun 1997
----------------------------------------------------------------------------------------------------------------
O3         5 year Fixed Rate Mortgage                       BH               From 03 Sep 1997
----------------------------------------------------------------------------------------------------------------
O4         5 year Fixed Rate Mortgage                       BQ               From 17 Sep 1997
----------------------------------------------------------------------------------------------------------------
O5         5 year Fixed Rate Mortgage                       BS               From 01 Jan 1997
                                                                             [Query date - should be Nov?]
----------------------------------------------------------------------------------------------------------------
O6         5 year Fixed Rate Mortgage                       BT               From 01 Nov 1997
                                                                             [Other dates?]
----------------------------------------------------------------------------------------------------------------
O7         5 year Fixed Rate Mortgage                       CF               From 22 Jan 1998
----------------------------------------------------------------------------------------------------------------
O8         5 year Fixed Rate Mortgage                       CJ               From 01 Apr 1998
----------------------------------------------------------------------------------------------------------------
O9         5 year Fixed Rate Mortgage                       CK               From 01 Apr 1998
----------------------------------------------------------------------------------------------------------------
O10        5 year Fixed Rate Mortgage                       CM               From 06 May 1998
----------------------------------------------------------------------------------------------------------------
O11        5 year Fixed Rate Mortgage                       CP               From 17 Jun 1998
----------------------------------------------------------------------------------------------------------------
O12        5 year Fixed Rate Mortgage                       CU               From 01 Jul 1998
----------------------------------------------------------------------------------------------------------------
O13        5 year Fixed Rate Mortgage                       CZ               From 08 Aug 1998
----------------------------------------------------------------------------------------------------------------
O14        5 year Fixed Rate Mortgage                       EA               From 08 Aug 1998
----------------------------------------------------------------------------------------------------------------
O15        5 year Fixed Rate Mortgage                       EU               From 22 Jan 1999
----------------------------------------------------------------------------------------------------------------
O16        5 year Fixed Rate Mortgage                       FD
----------------------------------------------------------------------------------------------------------------
O17        5 year Fixed Rate Mortgage                       FL               From 13 Mar 1999
----------------------------------------------------------------------------------------------------------------
O18        5 year Fixed Rate Mortgage                       FM               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
O19        5 year Fixed Rate Mortgage                       FN               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
O20        5 year Fixed Rate Mortgage                       FP               From 23 Apr 1999
----------------------------------------------------------------------------------------------------------------
O21        5 year Fixed Rate Mortgage                       KZ               From 29 Nov 1999
----------------------------------------------------------------------------------------------------------------
O22        2 year Fixed Rate Mortgage                                        From 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
O23        10 year Fixed Rate Mortgage                                       from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
O24        15 year Fixed Rate Mortgage                                       from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
O25        Guaranteed Repayment Mortgage 10 year Fixed                       from 9 Jan 2003
           Rate Mortgage
----------------------------------------------------------------------------------------------------------------
O26        Guaranteed Repayment Mortgage 15 year Fixed                       from 9 Jan 2003
           Rate Mortgage
----------------------------------------------------------------------------------------------------------------
O27        Help with Costs Special Condition Wording -
           for Guaranteed Repayment Mortgage 10 year
           Fixed Rate Mortgage (2 versions)
----------------------------------------------------------------------------------------------------------------
O28        Help with Costs Special Condition Wording -
           for Guaranteed Repayment Mortgage 15 year
           Fixed Rate Mortgage (2 versions)
----------------------------------------------------------------------------------------------------------------
O29        Help with Costs Special Condition Wording -
           for 10 year Fixed Rate (2 versions)
----------------------------------------------------------------------------------------------------------------
O30        Help with Costs Special Condition Wording -
           for 15 year Fixed Rate (2 versions)
----------------------------------------------------------------------------------------------------------------
P          Special Conditions for Variable Rate
           Mortgages (used with Offer of Advance)
----------------------------------------------------------------------------------------------------------------
P1         Variable Rate Mortgage - Cashback                6B               From 30 Nov 1995
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      43
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
P2         Variable Rate Mortgage - Cashback without        9B               From 03 Jan 1996
           insurance
----------------------------------------------------------------------------------------------------------------
P3         Variable Rate Mortgage - Cashback without        C5               From 11 Aug 1997
           insurance                                                         [Query date - should be 1996?]
----------------------------------------------------------------------------------------------------------------
P4         Variable Rate Mortgage - Cashback without        C7               From 02 Sep 1996
           insurance
----------------------------------------------------------------------------------------------------------------
P5         Variable Rate Mortgage - Cashback without        C9               From 02 Sep 1996
           insurance
----------------------------------------------------------------------------------------------------------------
P6         3 year Discounted Variable Rate Mortgage         J9 and J0        From 25 Jun 1998
                                                                             [Other dates ?]
----------------------------------------------------------------------------------------------------------------
P7         Variable Rate Mortgage - 5% Cashback             P5               From 25 Jun 1997
                                                                             [Other dates ?]
----------------------------------------------------------------------------------------------------------------
P8         Variable Rate Mortgage - 6% Cashback             P6               From 03 Sep 1997
                                                                             [Other date ?]
----------------------------------------------------------------------------------------------------------------
P9         Variable Rate Mortgage - Cashback                7P and 8P        From 22 Jan 1998
----------------------------------------------------------------------------------------------------------------
P10        3 year Discounted Variable Rate Mortgage         M1 to [M6 ?]     From 22 Jan 1998
----------------------------------------------------------------------------------------------------------------
P11        Variable Rate Mortgage - Cashback                S1 and S2        From 22 Jan 1998
----------------------------------------------------------------------------------------------------------------
P12        3 year Discounted Variable Rate Mortgage         M7 and M8        From 01 Apr 1998
----------------------------------------------------------------------------------------------------------------
P13        Variable Rate Mortgage - Cashback                S4 and S5        From 06 May 1998
----------------------------------------------------------------------------------------------------------------
P14        Variable Rate Mortgage - Cashback                7S               From 10 Jun 1996
----------------------------------------------------------------------------------------------------------------
P15        Variable Rate Mortgage - Cashback                3T               From 07 Dec 1998
                                                                             [Other date?]
----------------------------------------------------------------------------------------------------------------
P16        Variable Rate Mortgage - Cashback                6T and 7T        From 22 Jan 1999
                                                                             [Other date?]
----------------------------------------------------------------------------------------------------------------
P17        Variable Rate Mortgage - 8%/7% Cashback          GB and GC        From 06 Mar 1999
----------------------------------------------------------------------------------------------------------------
P18        Variable Rate Mortgage - 8% Cashback             GF               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
P19        Variable Rate Mortgage - 7% Cashback             GG               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
P20        Variable Rate Mortgage - 7% Cashback             GH               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
P21        Variable Rate Mortgage - 6% Cashback             GI               From 13 Apr 1999
----------------------------------------------------------------------------------------------------------------
P22        Variable Rate Mortgage - 8% Cashback             GT               From 16 Jun 1999
----------------------------------------------------------------------------------------------------------------
P23        Variable Rate Mortgage - 7% Cashback             GU
----------------------------------------------------------------------------------------------------------------
P24        Variable Rate Mortgage - 7% Cashback             JG               From 28 Jul 1999
----------------------------------------------------------------------------------------------------------------
P25        Variable Rate Mortgage - 6% Cashback             JN               From 29 Aug 1999
----------------------------------------------------------------------------------------------------------------
P26        Variable Rate Mortgage - 7% Cashback             JQ               From 29 Sep 1999
                                                                             [Other dates?]
----------------------------------------------------------------------------------------------------------------
P27        Variable Rate Mortgage - 6% Cashback             JR               From 29 Sep 1999
                                                                             [Other dates?]
----------------------------------------------------------------------------------------------------------------
P28        Variable Rate Mortgage - 5% Cashback             JS               From 29 Sep 1999
                                                                             [Other dates?]
----------------------------------------------------------------------------------------------------------------
P29        Variable Rate Mortgage - 7% Cashback             JU               From 04 Jan 2000
----------------------------------------------------------------------------------------------------------------
P30        Variable Rate Mortgage 6% Cashback                                From 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q          Special Conditions for Tracker, CAT
           Standard, Capped and Discount for
           Life Mortgages (used with Offer of
           Advance)
----------------------------------------------------------------------------------------------------------------
Q1         Discount for Life Variable Rate Mortgage         X9 and X0
----------------------------------------------------------------------------------------------------------------
Q2         Discount for Life Variable Rate Mortgage         1X and 2X
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      44
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
Q3         Discount for Life Variable Rate Mortgage         3X and 4X
----------------------------------------------------------------------------------------------------------------
Q4         Discount for Life Variable Rate Mortgage         5X and 6X
----------------------------------------------------------------------------------------------------------------
Q5         Discount for Life Variable Rate Mortgage         7X and 8X
----------------------------------------------------------------------------------------------------------------
Q6         Capped Variable Rate Mortgage                    CB
----------------------------------------------------------------------------------------------------------------
Q7         Discount for Life Variable Rate Mortgage         L1 and L2
----------------------------------------------------------------------------------------------------------------
Q8         Discount for Life Variable Rate Mortgage         L3 and L4
----------------------------------------------------------------------------------------------------------------
Q9         Discount for Life Variable Rate Mortgage         L5 and L6
----------------------------------------------------------------------------------------------------------------
Q10        Discount for Life Variable Rate Mortgage         L7 and L8
----------------------------------------------------------------------------------------------------------------
Q11        Discount for Life Variable Rate Mortgage         1L and 2L
----------------------------------------------------------------------------------------------------------------
Q12        Discount for Life Variable Rate Mortgage         3L and 4L
----------------------------------------------------------------------------------------------------------------
Q13        Discount for Life Variable Rate Mortgage         5L and 6L
----------------------------------------------------------------------------------------------------------------
Q14        4 year Capped Variable Rate Mortgage             EG
----------------------------------------------------------------------------------------------------------------
Q15        4 year Capped Variable Rate Mortgage             EF
----------------------------------------------------------------------------------------------------------------
Q16        4 year Capped Variable Rate Mortgage             ER
----------------------------------------------------------------------------------------------------------------
Q17        Discount for Life Variable Rate Mortgage         8L
----------------------------------------------------------------------------------------------------------------
Q18        4 year Capped Variable Rate Mortgage             EQ
----------------------------------------------------------------------------------------------------------------
Q19        4 year Capped Variable Rate Mortgage             EQ
----------------------------------------------------------------------------------------------------------------
Q20        Equity Release Capped Variable Rate Mortgage     YB
----------------------------------------------------------------------------------------------------------------
Q21        5 year Capped Variable Rate Mortgage             EY
----------------------------------------------------------------------------------------------------------------
Q22        Discount for Life Variable Rate Mortgage         9L and 0L
----------------------------------------------------------------------------------------------------------------
Q23        Discount for Life Variable Rate Mortgage         DX
----------------------------------------------------------------------------------------------------------------
Q24        Discount for Life Variable Rate Mortgage         DY
----------------------------------------------------------------------------------------------------------------
Q25        Discount for Life Variable Rate Mortgage         DX and DY
----------------------------------------------------------------------------------------------------------------
Q26        Discount for Life Variable Rate Mortgage         HG
----------------------------------------------------------------------------------------------------------------
Q27        Discount for Life Variable Rate Mortgage         HH
----------------------------------------------------------------------------------------------------------------
Q28        Discount for Life Variable Rate Mortgage         HQ
----------------------------------------------------------------------------------------------------------------
Q29        Discount for Life Variable Rate Mortgage         HV
----------------------------------------------------------------------------------------------------------------
Q30        Tracker Variable Rate Mortgage                   YT
----------------------------------------------------------------------------------------------------------------
Q31        Tracker Variable Rate Mortgage                   YU
----------------------------------------------------------------------------------------------------------------
Q32        Tracker Variable Rate Mortgage                   YW
----------------------------------------------------------------------------------------------------------------
Q33        Tracker Variable Rate Mortgage                   YX
----------------------------------------------------------------------------------------------------------------
Q34        Discount for Life Variable Rate Mortgage         JP
----------------------------------------------------------------------------------------------------------------
Q35        2 year Capped Variable Rate Mortgage             MV
----------------------------------------------------------------------------------------------------------------
Q36        2 year Capped Variable Rate Mortgage             MW
----------------------------------------------------------------------------------------------------------------
Q37        Discount for Life Variable Rate Mortgage         HR
----------------------------------------------------------------------------------------------------------------
Q38        2 year Capped Variable Rate Mortgage             EM
----------------------------------------------------------------------------------------------------------------
Q39        CAT Standard Variable Mortgage                   [SJB/08/11/00]   [Query the reference]
----------------------------------------------------------------------------------------------------------------
Q40        2 year Tracker Variable Rate Mortgage            ER               ?
----------------------------------------------------------------------------------------------------------------
Q41        CAT Standard Variable Mortgage                                    from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q42        2 year Flexible Fixed (extending Early Repayment                  from 9 Jan 2003
           Charge)
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      45
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
Q43        2 year Flexible Fixed (extending Early Repayment                  from 9 Jan 2003
           Charge - no Help with Costs option)
----------------------------------------------------------------------------------------------------------------
Q44        2 year Flexible Fixed                                             from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q45        2 year Flexible Fixed (no Help with Costs option)                 from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q46        3 year Flexible Fixed                                             from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q47        5 year Flexible Fixed                                             from 9 Jan 2003
----------------------------------------------------------------------------------------------------------------
Q48        Help with Costs Special Condition Wording
           (2 versions)
----------------------------------------------------------------------------------------------------------------
R          Credit/Loan Agreements
----------------------------------------------------------------------------------------------------------------
R1         Credit Agreement Regulated by the Consumer       ACR1A/1097 on    From Oct 1997
           Credit Act 1974 - Flexible Plan                  "Original"
           ("Original" and "Copy" versions each with        ACR1B/1097 on
           Conditions on the reverse)                       "Copy"
           Northern Rock plc                                ACR1Z/1097 on
           [Used for Flexible Plan Loans up                 "Conditions"
           to (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R2         Copy of Proposed Agreement Containing            ACR1Z/1097 on    From Oct 1997
           Your Right to Withdraw - Flexible Plan           "Conditions"
           (including Conditions on the reverse)
           Northern Rock plc
           [Used for Flexible Plan Loans up
           to (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R3         Loan Agreement - Flexible Plan                   [ACR2A/1097 on   From Oct 1997
           (including Conditions on the reverse)            "Original" /     [Check reference of "Original"]
           Northern Rock plc                                "Copy"?]
           [Used for Flexible Plan Loans over               ACR2Z/1097 on
           (GBC25,000]                                      "Conditions"
----------------------------------------------------------------------------------------------------------------
R4         Credit Agreement Regulated by the Consumer       ADV135 10/97 on  From Oct 1997
           Credit Act 1974 - Personal Secured Loan          "Original" and
           ("Original" and "Copy" versions each with        "Copy"
           Conditions on the reverse)                       no ref on
           Northern Rock plc                                "Conditions")
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Variable Rate]
----------------------------------------------------------------------------------------------------------------
R5         Copy of Proposed Credit Agreement Containing     ADV135 10/97 on  From Oct 1998
           Notice of Your Right to Withdraw - Personal      "Advance Copy"
           Secured Loan                                     no ref on
           ("Advance Copy" version including Conditions     "Conditions")
           on the reverse)
           Northern Rock plc
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Variable Rate]
----------------------------------------------------------------------------------------------------------------
R6         Credit Agreement Regulated by the Consumer       ADV135 10/97 on  From Feb 1998
           Credit Act 1974 - Personal Secured Loan          "Original" and
           ("Original" and "Copy" versions each with        "Copy"
           Conditions on the reverse)                       ADV135 /02.98 on
           Northern Rock plc                                "Conditions")
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Variable Rate]
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      46
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
R7         Credit Agreement Regulated by the Consumer       MAR 126 6/98 on  From Jun 1998
           Credit Act 1974                                  "Original" and
           ("Original" and "Copy" versions including        "Copy" no ref on
           Conditions on the reverse)                       "Conditions"
           Northern Rock plc
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Fixed Rate]
----------------------------------------------------------------------------------------------------------------
R8         Copy of Proposed Credit Agreement Containing     MAR 126 6/98 on  From Jun 1998
           Notice of Your Right to Withdraw                 "Advance Copy"
           ("Advance Copy" version including Conditions     no ref on
           on the reverse)                                  "Conditions"
           Northern Rock plc
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Fixed Rate]
----------------------------------------------------------------------------------------------------------------
R9         Copy of Proposed Agreement Containing            ACR2A/1097 on    From Mar 2000
           Your Right to Withdraw - Flexible Plan           "Original"
           (including Conditions on the reverse)            ACR2Z/0300 on
           Northern Rock plc                                "Conditions"
           [Used for Flexible Plan Loans up to
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R10        Credit Agreement Regulated by the Consumer       MAR 126 4/00 on  From Apr 2000
           Credit Act 1974                                  "Original" no
           ("Original" version including Conditions         ref on
           on the reverse)                                  "Conditions"
           Northern Rock plc
           [Used for Personal Secured
           Loans up to (GBP)25,000 -
           Fixed Rate]
----------------------------------------------------------------------------------------------------------------
R11        Credit Agreement Regulated by the Consumer       CA135A/0900 on   From Sep 2000
           Credit Act 1974                                  "Original"
           ("Original" and "Copy" versions each with        CA135B/0900 on
           Conditions on the reverse)                       "Copy"
           Northern Rock plc                                CA135Z/0900 on
           [Used for Personal Secured Loans up to           "Conditions"
           (GBP)25,000 - Variable Rate]
----------------------------------------------------------------------------------------------------------------
R12        Copy of Proposed Agreement Containing Notice     CA135C/0900 on   From Sep 2000
           of Your Right to Withdraw                        "Advance Copy"
           ("Advance Copy" version with Conditions on       CA135Z/0900 on
           the reverse)                                     "Conditions"
           Northern Rock plc
           [Used for Personal Secured Loans up to
           (GBP)25,000 - Variable Rate]
----------------------------------------------------------------------------------------------------------------
R13        Credit Agreement Regulated by the Consumer       CA126A/0900 on   From Sep 2000
           Credit Act 1974                                  "Original"
           ("Original" and "Copy" versions each with        CA126B/0900 on
           Conditions on the reverse)                       "Copy"
           Northern Rock plc                                CA126Z/0900 on
           [Used for Personal Secured Loans                 "Conditions"
           - Variable Rate]
----------------------------------------------------------------------------------------------------------------
R14        Copy of Proposed Agreement Containing            CA126C/0900 on   From Sep 2000
           Notice of Your Right to Withdraw                 "Advance Copy"
           ("Advance Copy" version with Conditions          CA126Z/0900 on
           on the reverse)                                  "Conditions"
           Northern Rock plc
           [Used for Personal Secured Loans
           - Variable Rate]
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      47
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
R15        Credit Agreement Regulated by the Consumer       ACR1A/1000 on    From Oct 2000
           Credit Act 1974 - Flexible Plan                  "Original"
           ("Original" and "Copy" versions each with        ACR1B/1097 on
           Conditions on the reverse)                       "Copy"
           Northern Rock plc                                ACR1Z/1097 on
           [Used for Flexible Plan Loans up to              "Conditions"
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R16        Loan Agreement - Flexible Plan                   ACR2B/1000 on    From Oct 2000
           ("Original" version with Conditions on the       "Original"
           reverse)                                         ACR2Z/1000 on
           Northern Rock plc                                "Conditions"
           [Used for Flexible Plan Loans over
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R17        Loan Agreement - Flexible Plan                   ACR2C/1000 on    From Oct 2000
           ("Original" version with Conditions on the       "Original"
           reverse)                                         ACR2Z/1000 on
           Northern Rock plc                                "Conditions"
           [Used for Flexible Plan Loans over
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
R18        Credit Agreement Regulated by the CCA 1974       ADV13506/95      Jun 1995
           (Personal Secured Loans) (with Terms and
           Conditions attached)
----------------------------------------------------------------------------------------------------------------
R19        Loan Agreement (Flexible Plan) (with Terms       ADVCR2           Jul 1995
           and Conditions attached)
----------------------------------------------------------------------------------------------------------------
R20        Credit Agreement Regulated by the CCA 1974       ACR1 07/96       Jul 1996
           (Flexible Plan) with Terms and Conditions
           Attached
----------------------------------------------------------------------------------------------------------------
S          Mortgage Deeds - General
----------------------------------------------------------------------------------------------------------------
S1         Mortgage Deed (HMLR filing ref MD 144 E)         SEC 8/11.93      From Nov 1993
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
S2         Mortgage Deed (HMLR filing ref MD 144 F)         SEC 8/06.95      From Jun 1995
           Northern Rock Building Society
----------------------------------------------------------------------------------------------------------------
S3         Mortgage Deed (HMLR filing ref MD542A)           SEC 8T /08.97    From Aug 1997
           Northern Rock Building Society/Northern
           Rock plc
----------------------------------------------------------------------------------------------------------------
S4         Mortgage Deed (HMLR filing ref MD542A)           SEC 8 /10.97     From Oct 1997
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
S5         Mortgage Deed (HMLR filing ref MD542B)           SEC 8 /10.97     From Oct 1997
           Northern Rock plc [Old logo]
----------------------------------------------------------------------------------------------------------------
S6         Mortgage Deed (HMLR filing ref MD542B)           SEC 8 /10.97     From Oct 1997
           Northern Rock plc [New logo]
----------------------------------------------------------------------------------------------------------------
S7         Mortgage Deed (HMLR filing ref MD691A)           SEC 070 07/01    From July 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
S8         Mortgage Deed - Standard (HMLR filing ref        SOL 11 07/01     From July 2001
           MD691D
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
T          Mortgage Deeds - Specialist
----------------------------------------------------------------------------------------------------------------
T1         Mortgage Deed (HMLR filing ref MD 144 G)         SEC 54/06/95     From Jun 1995
           Northern Rock Building Society
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      48
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
T2         Mortgage Deed (relating to a Regulated           SEC 52/06/95     From Jun 1995
           Agreement under the Consumer Credit
           Act 1974) (HMLR filing ref MD 144 H) Northern Rock Building Society
           [Used for Flexible Plan CCA Loans]
----------------------------------------------------------------------------------------------------------------
T3         Mortgage Deed (HMLR filing ref MD 144 J)         SEC 44/06/95     From Jun 1995
           Northern Rock Building Society
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------
T4         Mortgage Deed (relating to a Regulated           SEC 52. 10/97    From Oct 1997
           Agreement under the Consumer Credit
           Act 1974) (HMLR filing ref MD 542 M)
           Northern Rock plc [Used for Flexible
           Plan CCA Loans]
----------------------------------------------------------------------------------------------------------------
T5         Mortgage Deed (HMLR filing ref MD 542 L)         SEC 44. 10/97    From Oct 1997
           Northern Rock plc
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------
T6         Mortgage Deed (HMLR filing ref 542 N)            SEC 54. 10/97    From Oct 1997
           Northern Rock plc
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------
T7         Deed of Variation of Mortgage and Receipt for    SEC 40. 10/97    From Oct 1997
           Further Advance (HMLR filing ref MD 542 P)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
T8         Mortgage Deed (HMLR filing ref MD542 N)          SEC 54. 04.98    From Apr 1998
           Northern Rock plc
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------
T9         Mortgage Deed (relating to a Regulated           SEC 52. 03/00    From Mar 2000
           Agreement under the Consumer Credit
           Act 1974) (HMLR filing ref MD 542 M)
           Northern Rock plc [Used for Flexible
           Plan CCA Loans]
----------------------------------------------------------------------------------------------------------------
T10        Mortgage Deed (HMLR filing ref MD 542L)          MD2/0900 on      From Sep 2000
           Northern Rock plc                                cover and
           [Used for Flexible Plan - Non-CCA Loans]         MD2B/0900 on
                                                            reverse
----------------------------------------------------------------------------------------------------------------
T11        Mortgage Deed (relating to a Regulated           MD1/0900 on      From Sep 2000
           Agreement under the Consumer Credit              cover and
           Act 1974) (HMLR filing ref MD 542 M)             MD1B/0900 on
           Northern Rock plc                                reverse
           [Used for Flexible Plan CCA Loans]
----------------------------------------------------------------------------------------------------------------
T12        Mortgage Deed (HMLR filing ref MD 542 N)         MD3/0900         From Sep 2000
           Northern Rock plc
           [Used for Flexible Plan - Non-CCA Loans]
----------------------------------------------------------------------------------------------------------------
T13        Deed of Variation of Mortgage and Receipt        SOL005 09/00     From Sep 2000.  Not used by
           for Further Advance (HMLR filing ref                              further advance dept.  Used by
           MD 542 X) Northern Rock plc                                       product transfer dept. where
                                                                             borrower is switching product
                                                                             and increasing borrowing at
                                                                             same time (only used on older
                                                                             forms of mortgage conditions
                                                                             switching from annual rest
                                                                             mortgage to a daily rest
                                                                             version).
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      49
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
T14        Deed of Variation of Mortgage and Receipt        SOL008 09/00     From Sep 2000.  Not used by
           for Further Advance (HMLR filing ref                              further advance dept.  Used by
           MD 542 Y) Northern Rock plc                                       product transfer dept. where
                                                                             borrower is switching product
                                                                             and increasing borrowing at
                                                                             same time (only used on older
                                                                             forms of mortgage conditions
                                                                             switching from annual rest
                                                                             mortgage to a daily rest
                                                                             version).
----------------------------------------------------------------------------------------------------------------
T15        Deed of Variation of Mortgage and Receipt        SEC071           From Jul 2001
           for Further Loan (HMLR filing                    July 2001
           ref MD 691 B)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
T16        Deed of Variation of Mortgage and Receipt for    SOL012/          From Jul 2001
           for Further Loan (With Guarantor)                July 2001
           (HMLR filing ref MD 691 C)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

               Part 3 Documents Used Only in the Origination of
                  Together and Together Connections Mortgages

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------

U          Brochures
----------------------------------------------------------------------------------------------------------------
U1         [Picture of Two Forks on cover - 1] [Together]  MAR 172 2.99      From Feb 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U2         [Picture of Two Forks on cover - 1] [Together]  MAR 189 3.99      From Mar 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U3         [Picture of Two Forks on cover - 2] [Together]  MAR 237 14.6.99   From Jun 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U4         together flexible - one loan one rate one call  MAR 272/9255      From Sep 1999
           [Together Flexible]                             15.9.99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U5         together flexible - one loan one rate one call  MAR 273/9255      From Sep 1999
           -all you need to know [Together Flexible]       15.9.99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U6         take control of your money and get more out of  MAR 305/9511      From Dec 1999
           life - together [Together]                      20.12.99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U7         all you need to know - together [Together]      MAR 303/9511      From Dec 1999
           Northern Rock plc                               20.12.99
----------------------------------------------------------------------------------------------------------------
U8         together - a guide to costs [Together]          MAR 174 2.99      From Feb 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U9         [all you need to know - together] [Picture of   MAR 173 2.99      From Feb 1999
           intertwined flowers on cover] [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U10        together - a guide to costs [Together]          MAR 190 3.99      From Mar 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U11        [all you need to know - together] [Picture of   MAR 192 3.99      From Mar 1999
           intertwined flowers on cover] [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      50
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
U12        together - a guide to costs [Together]          MAR 238 14.6.99   From Jun 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U13        [all you need to know - together] [Picture of   MAR 239 16.6.99   From Jun 1999
           intertwined flowers on cover] [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U14        together - a guide to costs [Together]          MAR 302/9511      From Dec 1999
           Northern Rock plc                               20.12.99
----------------------------------------------------------------------------------------------------------------
U15        together flexible - a guide to costs [Together  MAR 275/9255      From Sep 1999
           Flexible]                                       15.9.99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U16        together - variable at only 6.6.9%pa 7.6%APR    MAR 306/9657      From Jan 2000
                                                           17.1.2000
----------------------------------------------------------------------------------------------------------------
U17        What is it going to cost? [Together]            MAR 302/9662      From Mar 2000
           Northern Rock plc                               4.3.2000
----------------------------------------------------------------------------------------------------------------
U18        How does it work? [Together]                    MAR 303/9662      From Mar 2000
           Northern Rock plc                               4.3.2000
----------------------------------------------------------------------------------------------------------------
U19        I want it all [Together]                        MAR 305/9662      From Mar 2000
           Northern Rock plc                               4.3.2000
----------------------------------------------------------------------------------------------------------------
U20        What is it going to cost? [Together]            MAR 302/10028     From Apr 2000
           Northern Rock plc                               27.4.2000
----------------------------------------------------------------------------------------------------------------
U21        I want it all [Together]                        MAR 305/10028     From Apr 2000
           Northern Rock plc                               27.4.2000
----------------------------------------------------------------------------------------------------------------
U22        What is it going to cost? [Together]            MAR 302/10329     From Aug 2000
           Northern Rock plc                               4.8.2000
----------------------------------------------------------------------------------------------------------------
U23        How does it work? [Together]                    MAR303/10141      From Aug 2000
           Northern Rock plc                               4.8.2000
----------------------------------------------------------------------------------------------------------------
U24        I want it all [Together]                        MAR 305/10328     From Aug 2000
           Northern Rock plc                               4.8.2000
----------------------------------------------------------------------------------------------------------------
U25        What is it going to cost? [Together]            MAR 302/10521     From Oct 2000
           Northern Rock plc                               2.10.2000
----------------------------------------------------------------------------------------------------------------
U26        What is it going to cost? [Together]            MAR 302/10715     From Nov 2000
           Northern Rock plc                               22.11.2000
----------------------------------------------------------------------------------------------------------------
U27        How does it work? [Together]                    MAR 303/10716     From Nov 2000
           Northern Rock plc                               22.11.2000
----------------------------------------------------------------------------------------------------------------
U28        I want it all [Together]                        MAR 305/10717     From Nov 2000
           Northern Rock plc                               22.11.2000
----------------------------------------------------------------------------------------------------------------
U29        I want it all [Together]                        MAR 305/10953     From Feb 2001
           Northern Rock plc                               1.2.2001
----------------------------------------------------------------------------------------------------------------
U30        What is it going to cost? [Together]            MAR 302/10999     From Feb 2001
           Northern Rock plc                               12.2.2001
----------------------------------------------------------------------------------------------------------------
U31        How does it work? [Together]                    MAR 303/11069     From Mar 2001
           Northern Rock plc                               1.3.2001
----------------------------------------------------------------------------------------------------------------
U32        Together what is it going to cost? 6th April    MAR 302 6.4.2001  From Apr 2001
           2001 [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U33        I want it all [Together]                        MAR 305/11172     From Apr 2001
           Northern Rock plc                               6.4.2001
----------------------------------------------------------------------------------------------------------------
U34        What's it going to cost? [Together              MAR 418/10935     From May 2001
           Connections] Northern Rock plc                  1.5.2001
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      51
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
U35        OK Shrink My Mortgage [Together Connections]    MAR 419/10935     From May 2001
           Northern Rock plc                               1.5.2001
----------------------------------------------------------------------------------------------------------------
U36        Together what is it going to cost? 10th May     MAR 302           From May 2001
           2001 [Together]                                 10.5.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U37        What's it going to cost? [Together              MAR 418/11282     From May 2001
           Connections] Northern Rock plc                  10.5.2001
----------------------------------------------------------------------------------------------------------------
U38        How does it work? [Together]                    MAR 303/11290     From May 2001
           Northern Rock plc                               10.5.2001
----------------------------------------------------------------------------------------------------------------
U39        I want it all [Together]                        MAR 305/11289     From May 2001
           Northern Rock plc                               10.5.2001
----------------------------------------------------------------------------------------------------------------
U40        Now Things Get Really Interesting [Together     MAR 437/11251     From Jun 2001
           Connections]                                    01.6.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U41        Together what is it going to cost? 22nd         MAR 302           From Jun 2001
           June 2001 [Together]                            22.6.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U42        What's it going to cost? [Together              MAR 418/11457     From Jun 2001
           Connections] Northern Rock plc                  22.6.2001
----------------------------------------------------------------------------------------------------------------
U43        Together what is it going to cost?              MAR 302 2.8.2001  From Aug 2001
           2nd August 2001 [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U44        What's it going to cost? [Together              MAR 418/11593     From Aug 2001
           Connections] Northern Rock plc                  2.8.2001
----------------------------------------------------------------------------------------------------------------
U45        How does it work? [Together]                    MAR 303/11577     From Aug 2001
           Northern Rock plc                               2.8.2001
----------------------------------------------------------------------------------------------------------------
U46        OK Shrink My Mortgage [Together Connections]    MAR 419/11578     From Aug 2001
           Northern Rock plc                               2.8.2001
----------------------------------------------------------------------------------------------------------------
U47        I want it all [Together]                        MAR 305/11603     From Aug 2001
           Northern Rock plc                               7.8.2001
----------------------------------------------------------------------------------------------------------------
U48        Together what is it going to cost? 3rd          MAR 302 3.9.2001  From Sep 2001
           September 2001 [Together]
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U49        What's it going to cost? [Together              MAR 418/11706     From Sep 2001
           Connections] Northern Rock plc                  3.9.2001
----------------------------------------------------------------------------------------------------------------
U50        How does it work? [Together]                    MAR 303/11756     From Sep 2001
           Northern Rock plc                               10.9.2001
----------------------------------------------------------------------------------------------------------------
U51        OK Shrink My Mortgage [Together Connections]    MAR 419/11758     From Sep 2001
           Northern Rock plc                               10.9.2001
----------------------------------------------------------------------------------------------------------------
U52        I want it all [Together]                        MAR 305/11756     From Sep 2001
           Northern Rock plc                               10.9.2001
----------------------------------------------------------------------------------------------------------------
U53        Together what is it going to cost? 19th         MAR 302           From Sep 2001
           September 2001 [Together]                       19.9.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U54        What's it going to cost? [Together              MAR 418/11706     From Sep 2001
           Connections] Northern Rock plc                  19.9.2001
----------------------------------------------------------------------------------------------------------------
U55        Together what is it going to cost?              MAR 302           From Oct 2001
           4th October 2001 [Together]                     4.10.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      52
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
U56        What's it going to cost? [Together              MAR 418/11706    From Oct 2001
           Connections] Northern Rock plc                  4.10.2001
----------------------------------------------------------------------------------------------------------------
U57        Together what is it going to cost?              MAR 302           From Nov 2001
           8th November 2001 [Together]                    8.11.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U58        What's it going to cost? [Together              MAR 418/11706     From Nov 2001
           Connections] Northern Rock plc                  8.11.2001
----------------------------------------------------------------------------------------------------------------
U59        Together what is it going to cost?              MAR 302           From Dec 2001
           5th December 2001 [Together]                    5.12.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U60        What's it going to cost? [Together              MAR 418/11706     From Dec 2001
           Connections] Northern Rock plc                  5.12.2001
----------------------------------------------------------------------------------------------------------------
U61        How does it work? [Together]                    MAR 303/12190     From Jan 2002
           Northern Rock plc                               8.1.2002
----------------------------------------------------------------------------------------------------------------
U62        I need cash with my mortgage [Together]         MAR 522/12343     From Mar 2002
                                                           11.03.2002
----------------------------------------------------------------------------------------------------------------
U63        Options for your together connections           MAR 472/12369     From Mar 2002
           Mortgage [Together Connections]                 15.3.2002
----------------------------------------------------------------------------------------------------------------
U64        Together - what's it going to cost              MAR 302           From Mar 2002
           [Together]                                      20.3.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U65        Together - what's it going to cost              MAR 302           From May 2002
           [Together]                                      10.5.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U66        Together - what's it going to cost              MAR 302           From Jul 2002
           [Together]                                      26.7.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U67        Together - what's it going to cost              MAR 302           From Aug 2002
           [Together]                                      06.8.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U68        i want to shrink my mortgage [Together          MAR 419/12891     From Aug 2002
           Connections]                                    30.8.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U69        What's it going to cost? [Together              MAR 418/11706     From Aug 2002
           Connections] Northern Rock plc                  30.8.2002
----------------------------------------------------------------------------------------------------------------
U70        Together - what's it going to cost              MAR 302           From Aug 2002
           [Together]                                      30.8.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
U71        I need cash with my mortgage [Together]         MAR 522/12892     From Aug 2002
                                                           30.08.2002
----------------------------------------------------------------------------------------------------------------
U72        What's it going to cost? [Together              MAR 418/11706     From Oct 2002
           Connections] Northern Rock plc                  21.10.2002
----------------------------------------------------------------------------------------------------------------
U73        Together - what's it going to cost              MAR 302           From Oct 2002
           [Together] Northern Rock plc                    21.10.2002
----------------------------------------------------------------------------------------------------------------
U74        What's it going to cost? [Together              MAR 418/11706     From Nov 2002
           Connections] Northern Rock plc                  08.11.2002
----------------------------------------------------------------------------------------------------------------
U75        Together - what's it going to cost              MAR 302           From Nov 2002
           [Together] Northern Rock plc                    08.11.2002
----------------------------------------------------------------------------------------------------------------
U76        I want to shrink my mortgage                    MAR 625/13245     From 27 Nov 2002
           [Connections]
----------------------------------------------------------------------------------------------------------------
U77        What's it going to cost?                        MAR 630/13245     From 27 Nov 2002
           [Connections]                                   27.11.2002
----------------------------------------------------------------------------------------------------------------
U78        What's it going to cost?                        MAR 630/13499     From 10 Jan 2003
           [Connections]                                   10.01.2003
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      53
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
U79        Together - what's it going to cost [Together]   MAR 302           From 10 Jan 2003
           Northern Rock plc                               10.01.2003
----------------------------------------------------------------------------------------------------------------
U80        Together - what's it going to cost [Together]   MAR 302           From 8 Feb 2003
           Northern Rock plc                               08.02.2003
----------------------------------------------------------------------------------------------------------------
U81        I need cash with my mortgage [Together]         MAR522/13728      Valid until further notice -
                                                           1.5.2003          1.5.2003
----------------------------------------------------------------------------------------------------------------
U82        What's it going to cost?                        MAR302/           Valid until further notice -
                                                           8.8.2003          8.8.2003
----------------------------------------------------------------------------------------------------------------
U83        I need cash with my mortgage                    MAR 522/13550     Valid until further notice
                                                                             1 Mar 2003
----------------------------------------------------------------------------------------------------------------
U84        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             9 Sep 2003
----------------------------------------------------------------------------------------------------------------
U85        What's it going to cost?                        MAR 203           Valid until further notice
                                                                             14 Oct 2003
----------------------------------------------------------------------------------------------------------------
U86        What's it going to cost?                        MAR 691           Valid until further notice
                                                                             14 Oct 2003
----------------------------------------------------------------------------------------------------------------
U87        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             14 Oct 2003
----------------------------------------------------------------------------------------------------------------
U88        I need cash with my mortgage                    MAR 522/14518     Valid until further notice
                                                                             1 Nov 2003
----------------------------------------------------------------------------------------------------------------
U89        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             17 Nov 2003
----------------------------------------------------------------------------------------------------------------
U90        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             09 Dec 2003
----------------------------------------------------------------------------------------------------------------
U91        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             17 Dec 2003
----------------------------------------------------------------------------------------------------------------
U92        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             20 Jan 2004
----------------------------------------------------------------------------------------------------------------
U93        I need cash with my mortgage                    MAR 522A/14812    Valid until further notice
                                                                             20 Jan 2004
----------------------------------------------------------------------------------------------------------------
U94        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             16 Feb 2004
----------------------------------------------------------------------------------------------------------------
U95        What's it going to cost?                        MAR 691           Valid until further notice
                                                                             09 Mar 2004
----------------------------------------------------------------------------------------------------------------
U96        What's it going to cost?                        MAR 302           Valid until further notice
                                                                             25 Mar 2004
----------------------------------------------------------------------------------------------------------------
U97        What's it going to cost?                        MAR 693           Valid until further notice
                                                                             25 Mar 2004
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      54
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
U98        I need cash with my mortgage                    MAR 522/15006     Valid until further notice
                                                                             16 Apr 2004
----------------------------------------------------------------------------------------------------------------
U99        What's it going to cost?                        MAR 691           Valid until further notice
                                                                             12 May 2004
----------------------------------------------------------------------------------------------------------------
U100       What's it going to cost?                        MAR 691           Valid until further notice
                                                                             2 June 2004
----------------------------------------------------------------------------------------------------------------
U101       What's it going to cost?                        MAR 302           Valid until further notice
                                                                             2 June 2004
----------------------------------------------------------------------------------------------------------------
U102       What's it going to cost?                        MAR 691           Valid until further notice
                                                                             22 June 2004
----------------------------------------------------------------------------------------------------------------
U103       What's it going to cost?                        MAR 691           Valid until further notice
                                                                             09.07.04
----------------------------------------------------------------------------------------------------------------
U104       What's it going to cost?                        MAR 302           Valid until further notice
                                                                             9 July 2004
----------------------------------------------------------------------------------------------------------------
U105       What's it going to cost?                        MAR 302           Valid until further notice
                                                                             22 July 2004
----------------------------------------------------------------------------------------------------------------
U106       What's it going to cost?                        MAR 302           Valid until further notice
                                                                             16 August 2004
----------------------------------------------------------------------------------------------------------------
V          Mortgage Application Forms
----------------------------------------------------------------------------------------------------------------
V1         Get It Together Application Form - Together     MAR176 2/99       From Feb 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
V2         Get It Together Application Form - Together     MAR198 3/99       From Mar 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
V3         Get It Together Application Form - Together     MAR242 6/99       From Jun 1999
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
V4         Get It Together Application Form - Together     MAR271/9255 and   From Sep 1999
           Flexible                                        9/99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
V5         Get It Together Application Form - Together     MAR304/9511 and   From Dec 1999
           Northern Rock plc                               12/99
----------------------------------------------------------------------------------------------------------------
V6         Get It Together Application Form                MAR304. 6/00      From Jun 2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
           NB From Aug 2002 the Mortgage Application
           Forms from L16 appear to also be used for
           the Together/Together Connections products.
----------------------------------------------------------------------------------------------------------------
W          Together Credit/Loan Agreements
----------------------------------------------------------------------------------------------------------------
W1         Credit Agreement Regulated by the Consumer      DDL1/0299 on      From Feb 1999
           Credit Act 1974 - Drawdown Loan -Original,      Original
           First and Second Copies (each with Terms        DDL2/0299 on
           and Conditions)                                 First Copy
           Northern Rock plc                               DDL3/0299 on
           [Used for Together Flexible Loans up            Second Copy
           to (GBP)25,000]                                 DDLB/0299 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      55
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
W2         Credit Agreement Regulated by the Consumer      TFCA1/1099 on     From Oct 1999
           Credit Act 1974 - Drawdown Loan - Original,     Original          [In conjunction with Together
           First Copy and Second Copy (each with Terms     TFCA2/1099 on     Flexible Mortgages.
           and Conditions)                                 First Copy
           Northern Rock plc                               TFCA3/1099 on
           [Used for Together Flexible Loans up            Second Copy
           to (GBP)25,000]                                 TFCAB/1099 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W3         Credit Agreement Regulated by the Consumer      TFIX1/0200 on     From Feb 2000
           Credit Act 1974 - Together Fixed - Original,    Original          [In conjunction with Together
           First Copy and Second Copy (each with Terms     TFIX2/0200 on     Fixed Mortgages.]
           and Conditions on reverse)                      First Copy
           Northern Rock plc                               TFIX3/0200 on
           [Used for Together Fixed Loans up to            Second Copy
           (GBP)25,000]                                    TFIXB/0200 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W4         Credit Agreement Regulated by the Consumer      TVCA1/0200 on     From Feb 2000
           Credit Act 1974 - Together Variable -           Original          [In conjunction with Together
           Original, First Copy and Second Copy            TVCA2/0200 on     Variable Mortgages.]
           (each with Terms and Conditions on reverse)     First Copy
           Northern Rock plc                               [TVCA3/0200?] on
           [Used for Together Variable Loans up            Second Copy
           to (GBP)25,000]                                 TVCAB/0200 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W5         Credit Agreement Regulated by the Consumer      TVCA1/0200 on     From Jan 2001
           Credit Act 1974 - Together Variable -           Original          [In conjunction with Together
           Original, First Copy and Second Copy            TVCA2/0200 on     Variable Mortgages.]
           (each with Terms and Conditions on reverse)     First Copy
           Northern Rock plc                               [TVCA3/0200?] on
           [Used for Together Variable Loans up            Second Copy
           to (GBP)25,000]                                 TVCAB/0101 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W6         Credit Agreement Regulated by the Consumer      TVCA1/0200 on     From May 2001
           Credit Act 1974 - Together Variable -           Original          [In conjunction with Together
           Original, First Copy and Second Copy            TVCA2/0200 on     Variable Mortgages.]
           (each with Terms and Conditions on reverse)     First Copy
           Northern Rock plc                               [TVCA3/0200?] on
           [Used for Together Variable Loans up to         Second Copy
           (GBP)25,000]                                    TVCAB/0501 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W7         Credit Agreement Regulated by the Consumer      TVCA1/0200 on     From Aug 2001
           Credit Act 1974 - Together Variable -           Original          [In conjunction with Together
           Original, First Copy and Second Copy            TVCA2/0200 on     Variable Mortgages.]
           (each with Terms and Conditions on reverse)     First Copy
           Northern Rock plc                               [TVCA3/0200?] on
           [Used for Together Variable Loans up to         Second Copy
           (GBP)25,000]                                    TVCAB/0801 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      56
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
W8         Credit Agreement Regulated by the Consumer      TVCA1/0200 on     From Aug 2001
           Credit Act 1974 - Together Variable -           Original          [In conjunction with Together
           Original, First Copy and Second Copy            TVCA2/0200 on     Variable Mortgages.]
           (each with Terms and Conditions on reverse)     First Copy
           Northern Rock plc                               [TVCA3/0200?] on
           [Used for Together Variable Loans up to         Second Copy
           (GBP)25,000]                                    TVCAB/1001 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W9         Credit Agreement Regulated by the Consumer      CATC/0502 on      From May 2002
           Credit Act 1974 - Drawdown Loan -Original,      Original, First
        First and Second Copies (each with Terms and Copy, Second Copy
                         Conditions) and on Conditions
                               Northern Rock plc
                    [Used for Together Flexible Loans up to
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
W10        Credit Agreement Regulated by the Consumer      ABTC/0802 on      From Aug
           2002 Credit Act 1974 - Together Fixed -         Original, First   [In conjunction with Together
           Original, First Copy and Second Copy            Copy, Second      Fixed Mortgages.]
           (each with Terms and Conditions on              Copy and on
           reverse) and on Conditions                      Conditions
           Northern Rock plc
           [Used for Together Fixed Loans up to
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
W11        Credit Agreement Regulated by the Consumer      TVCAB/0902 on     From Sep 2002
           Credit Act 1974 - Together Variable -           Original, First   [In conjunction with Together
           Original, First Copy and Second Copy            Copy, Second      Variable Mortgages.]
           (each with Terms and Conditions on              Copy and on
           reverse)                                        Conditions
           Northern Rock plc
           [Used for Together Variable Loans up to
           (GBP)25,000]
----------------------------------------------------------------------------------------------------------------
W12        Credit Agreement Regulated by the Consumer      03/02 on          From Mar 2002
           Credit Act 1974 - Original, First Copy and      Original, First
           Second Copy                                     Copy and Second
           "MPU" Drawdown Loan Agreement                   Copy
           Northern Rock plc                               CATC/0502 on
                                                           Conditions
----------------------------------------------------------------------------------------------------------------
W13        Credit Agreement Regulated by the Consumer                        From Aug 2002
           Credit Act 1974 - Together Variable -
           Original, First Copy and Second Copy
           "MPU" Unsecured Loan Agreement
           Northern Rock plc
           [Incorporates "where applicable" Together
           Connection Conditions]
----------------------------------------------------------------------------------------------------------------
W14        Credit Agreement Regulated by the Consumer      TFWT/0703         From July 2003
           Credit Act 1974 - Together Fixed with
           Tracker - Original, First Copy, Second Copy
           and Terms and Conditions
           Northern Rock plc
           [New version of Together Credit Agreement
           for Fixed Rate with Follow on BOE Tracker -
           Product first introduced 25.7.03.
           Runs alongside existing Together
           (Variable & Fixed Rate versions)
           Credit Agreement]
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      57
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
X          Conditions for Together products
           (including Together Connection Options
           - eg Savings Account Applications/
           Agreements etc)
----------------------------------------------------------------------------------------------------------------
X1         Together Variable - Credit Card Application     [  ]              From [   ]
           (with Terms and Conditions on reverse)                            [In conjunction with Together
           Northern Rock plc                                                 Variable Mortgages.
----------------------------------------------------------------------------------------------------------------
X2         Together Variable - Credit Card Application     CV4/1000          From Oct 2000
           (with Terms and Conditions on reverse)                            [In conjunction with Together
           Northern Rock plc                                                 Variable Mortgages.
                                                                             [REQUEST BETTER COPY]
----------------------------------------------------------------------------------------------------------------
X3         Northern Rock Credit Card Application Form      MAR 151/M9C       From Mar 1999
           (with Terms and Conditions)                     22.3.99
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X4         Together Connection Conditions                  MAR422 1.5.01     From Jan 2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X5         Northern Rock Mortgage Credit Card              [CCL/80A/2]       From Mar 2001
           (with Terms and Conditions on reverse)          (CCL/ATA/2
           Northern Rock plc                               15.3.2001 on
                                                           Conditions)
----------------------------------------------------------------------------------------------------------------
X6         together connections Save Direct Terms and      MAR 435/11676     From May 2001
           Conditions                                      1.5.2001
----------------------------------------------------------------------------------------------------------------
X7         together connections Current Account Terms      MAR 436/11333     From May 2001
           and Conditions                                  1.5.2001
----------------------------------------------------------------------------------------------------------------
X8         Northern Rock Credit Card Application Form      MAR 341 9.7.2001  From Jul 2001
           (with Terms and Conditions on reverse)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X9         Options for Your together connection Mortgage   MAR 472/12369     From Mar 2002
           [leaflet]                                       15.3.2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X10        Together Connection Conditions                  MAR 422 7.8.02    From Aug 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X10(a)     Together Connection Conditions                  MAR 631           From Nov 2002
           Northern Rock plc                               27.11.02
----------------------------------------------------------------------------------------------------------------
X11        Sample Special Conditions for Together                            From 30 Aug 2002
           Connections Mortgage (incorporating Doc X4                        (including New Mortgage Product
           by reference)                                                     Statement of Requirements memo)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X12        Sample Special Conditions for Together Mortgage                   From 30 Aug 2002
           (5 Year Flexible Tracker Rate)                                    (including New Mortgage Product
           Northern Rock plc                                                 Statement of Requirements memo)
----------------------------------------------------------------------------------------------------------------
X13        Together Connection Savings Options Form        MAR 635/1.03      From Jan 2003
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X14        Covering Letter to Borrower enclosing
           Together Connections Options Docs X9
           and X13
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X15        Sample Covering Letter to Borrower regarding    31 Oct 2002       Mr P Livingstone and Miss C M
           Completion of a Together Connections Loan                         Bell (App No 10374507)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
</TABLE>

                                      58
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
X16        Sample Special Conditions for Together Variable                   from 9 Jan 2003
           loans
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X17        Sample Special Conditions for Together                            from 9 Jan 2003
           Connections mortgage loans - 5 year discounted
           tracker
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X18        Sample Special Conditions for Together Fixed                      from 9 Jan 2003
           mortgage loans - 2, 3, 5 and 7 year fixed
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X19        Sample Special Conditions for Together                            from 9 Jan 2003
           Exclusives Fixed mortgage loans - 2, 3, 5 and 7 year fixed Northern
           Rock plc
----------------------------------------------------------------------------------------------------------------
X20        Sample Special Conditions for Together                            from 9 Jan 2003
           Exclusives mortgage loans
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
X21        Connections Terms And Conditions                MAR 633/14478     Valid until further notice
                                                                             1.1.2004
           Save Direct
----------------------------------------------------------------------------------------------------------------
X22        Connections Terms And Conditions                MAR 633/14478     Valid until further notice
                                                                             1.1.2004
           Save Direct
----------------------------------------------------------------------------------------------------------------
Y          Mortgage Deeds
----------------------------------------------------------------------------------------------------------------
Y1         Mortgage Deed (HMLR filing ref MD 542Q)                           From Feb 1999
           Northern Rock plc [Together]
----------------------------------------------------------------------------------------------------------------
Y2         Mortgage Deed (HMLR filing ref MD 542T)         SOL 1             From Oct 1999 ?
           Northern Rock plc [Together]
----------------------------------------------------------------------------------------------------------------
Y3         Mortgage Deed (HMLR filing ref MD542Q)                            From Feb 1999
           Northern Rock plc [Together]
----------------------------------------------------------------------------------------------------------------
Y4         Mortgage Deed (HMLR filing ref MD542T)          SOL 1             From Oct 1999
           Northern Rock plc [Together Flexible]
----------------------------------------------------------------------------------------------------------------
Y5         Mortgage Deed (HMLR filing ref MD542T)          SOL 1 08/00.      From Aug 2000
           Northern Rock plc [Together]
----------------------------------------------------------------------------------------------------------------
Y6         Mortgage Deed (HMLR filing ref MD542Z)          SOL 1 02/01.      From Feb 2001
           Northern Rock plc [Together]
----------------------------------------------------------------------------------------------------------------
Z          Supplementary Instructions to Solicitors
----------------------------------------------------------------------------------------------------------------
Z1         [Together Mortgage - Reminder of documents
           to be sent with Report on Title]
----------------------------------------------------------------------------------------------------------------
Z2         [Notice - Unsecured funds not available for     UE1/0700          From Jul 2000
           purchase of property]
----------------------------------------------------------------------------------------------------------------
Z3         "Together" Flexible Loan Drawdown Loan
           Agreement - Addendum to Instructions to
           Solicitors/Licensed Conveyancers
           (with Certificate of Solicitor/Licensed
           Conveyancer on reverse)
----------------------------------------------------------------------------------------------------------------
Z4         "Together" Flexible Loan Drawdown Loan          TFDA/0700         From Jul 2000
           Agreement - Addendum to Instructions to
           Solicitors/Licensed Conveyancers
           (with Certificate of Solicitor/Licensed
           Conveyancer on reverse)
----------------------------------------------------------------------------------------------------------------
</TABLE>

                                      59
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
Z5         "Together" Loan Drawdown Loan Agreement -       TFDA/0501         From May 2001
           Addendum to Instructions to Solicitors/
           Licensed Conveyancers
           (with Certificate of Solicitor/Licensed
           Conveyancer on reverse)
----------------------------------------------------------------------------------------------------------------
Z6         Loan Drawdown Loan Agreement - Addendum to      A2S/0502          From May 2002
           Instructions to Solicitors/Licensed
           Conveyancers
           (refers to Together Connections Mortgages)
----------------------------------------------------------------------------------------------------------------
Z7         Drawdown Loan Agreement - Addendum to           A2S/0702          From Jul 2002
           Instructions to Solicitors/Licensed
           Conveyancers
           (refers to Together Connections Mortgages)
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      60
<PAGE>

                             Part 5 Personal Loans

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA         Personal Loans
----------------------------------------------------------------------------------------------------------------
AA1        Personal Loans - An Introduction                DEV 376           From 1 Apr 1996
           Northern Rock Building Society                  01.4.1996
----------------------------------------------------------------------------------------------------------------
AA2        Secured Personal Loans - An Introduction        DEV 456           From 1 Jul 1997
           Northern Rock Building Society                  01.7.1997
----------------------------------------------------------------------------------------------------------------
AA3        NOT USED
----------------------------------------------------------------------------------------------------------------
AA4        Secured Personal Loans - An Introduction        MAR 3             From 1 Oct 1997
           Northern Rock plc                               01.10.1997
----------------------------------------------------------------------------------------------------------------
AA5        Secured Personal Loans - An Introduction        MAR 3             From 15 Dec 1997
           Northern Rock plc                               15.12.1997
----------------------------------------------------------------------------------------------------------------
AA6        Secured Personal Loans - An Introduction        MAR 3             From 12 Feb 1998
           Northern Rock plc                               12.2.1998
----------------------------------------------------------------------------------------------------------------
AA7        Secured Personal Loans - An Introduction        MAR 3/8208        From 1 Jun 1998
           Northern Rock plc                               01.06.1998
----------------------------------------------------------------------------------------------------------------
AA8        Secured Personal Loans - An Introduction        MAR 3/9195        From 20 Aug 1999
           Northern Rock plc                               20.8.1999
----------------------------------------------------------------------------------------------------------------
AA9        Give me the Facts - Secured Loans Explained     MAR 3/9668        From 4 Mar 2000
           Northern Rock plc                               04.3.2000
----------------------------------------------------------------------------------------------------------------
AA10       Give me the Facts - Secured Loans Explained     MAR 3/11279       From 10 May 2001
           Northern Rock plc                               10.5.2001
----------------------------------------------------------------------------------------------------------------
AA11       Secured Loans Explained                         MAR 3/12506       From 4 May 2002
           Northern Rock plc                               04.5.2002
----------------------------------------------------------------------------------------------------------------
AA12       We can fix it - A Secured Personal Loan         MAR 124/8813      From 1 Jun 1998
           Northern Rock plc                               01.6.1998
----------------------------------------------------------------------------------------------------------------
AA13       We can fix it - A Secured Personal Loan         MAR 125/8664      From 22 Jan 1999
           Northern Rock plc                               22.1.1999
----------------------------------------------------------------------------------------------------------------
AA14       We can fix it - A Secured Personal Loan         MAR 125/9459      From 1 Nov 1999
           Northern Rock plc                               01.11.1999
----------------------------------------------------------------------------------------------------------------
AA15       We can fix it - A Secured Personal Loan         MAR 125/9714      From 17 Jan 2000
           Northern Rock plc                               17.1.2000
----------------------------------------------------------------------------------------------------------------
AA16       Let Me Plan Ahead - Secured Loans               MAR 125/11038     From 21 Feb 2001
           with a Fixed Rate                               21.2.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA17       Let Me Plan Ahead - Secured Loans               MAR 125/11216     From 6 Apr 2001
           with a Fixed Rate                               06.4.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA18       Let Me Plan Ahead - Secured Loans               MAR 125/11815     From 19 Sept 2001
           with a Fixed Rate                               19.9.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA19       I Want to Plan Ahead - Secured Loans with       MAR 125/12507     From May 2002
           a Fixed Rate                                    May 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA20       Secured Personal Loans - A guide to costs       DEV 220           From 14 Jul 1995
           Northern Rock Building Society                  14.7.1995
----------------------------------------------------------------------------------------------------------------
AA21       Secured Personal Loans - A guide to costs       DEV 220           From 16 Oct 1995
           Northern Rock Building Society                  16.10.1995
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      61
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA22       Secured Personal Loans - A guide to costs       DEV 220           From 28 Nov 1995
           Northern Rock Building Society                  28.11.1995
----------------------------------------------------------------------------------------------------------------
AA23       Secured Personal Loans - A guide to costs       DEV 220           From 15 Feb 1995
           Northern Rock Building Society                  15.2.1996
----------------------------------------------------------------------------------------------------------------
AA24       Secured Personal Loans - A guide to costs       DEV 376           From 1 Apr 1996
           Northern Rock Building Society                  01.4.1996
----------------------------------------------------------------------------------------------------------------
AA25       Secured Personal Loans - A guide to costs       DEV 377           From 22 Apr 1996
           Northern Rock Building Society                  22.4.1996
----------------------------------------------------------------------------------------------------------------
AA26       Secured Personal Loans - A guide to costs       DEV 377           From 25 Aug 1996
           Northern Rock Building Society                  25.8.1996
----------------------------------------------------------------------------------------------------------------
AA27       Secured Personal Loans - A guide to costs       DEV 377           From 23 Oct 1996
           Northern Rock Building Society                  23.10.1996
----------------------------------------------------------------------------------------------------------------
AA28       Secured Personal Loans - A guide to costs       DEV 377           From 3 Jan 1997
           Northern Rock Building Society                  03.1.1997
----------------------------------------------------------------------------------------------------------------
AA29       Secured Personal Loans - A guide to costs       DEV 377           From 1 Mar 1997
           Northern Rock Building Society                  01.3.1997
----------------------------------------------------------------------------------------------------------------
AA30       Secured Personal Loans - A guide to costs       DEV 377           From 7 Apr 1997
           Northern Rock Building Society                  07.4.1997
----------------------------------------------------------------------------------------------------------------
AA31       Secured Personal Loans - A guide to costs       DEV 377           From 1 May 1997
           Northern Rock Building Society                  01.5.1997
----------------------------------------------------------------------------------------------------------------
AA32       Secured Personal Loans - A guide to costs       DEV 457           From 23 Jul 1997
           Northern Rock Building Society                  23.7.1997
----------------------------------------------------------------------------------------------------------------
AA33       Secured Personal Loans - A guide to costs       DEV 457           From 18 Aug 1997
           Northern Rock plc                               18.8.1997
----------------------------------------------------------------------------------------------------------------
AA34       Secured Personal Loans - A guide to costs       MAR 4             From 1 Oct 1997
           Northern Rock plc                               01.10.1997
----------------------------------------------------------------------------------------------------------------
AA35       Secured Personal Loans - A guide to costs       MAR 4             From 1 Dec 1997
           Northern Rock plc                               01.12.1997
----------------------------------------------------------------------------------------------------------------
AA36       Secured Personal Loans - A guide to costs       MAR 4/8208        From 1 Jun 1998
           Northern Rock plc                               01.6.1998
----------------------------------------------------------------------------------------------------------------
AA37       Secured Personal Loans - A guide to costs       MAR 4/8267        From 3 Jul 1998
           Northern Rock plc                               03.7.1998
----------------------------------------------------------------------------------------------------------------
AA38       Secured Personal Loans - A guide to costs       MAR 4/8748        From 1 Jan 1999
           Northern Rock plc                               01.2.1999
----------------------------------------------------------------------------------------------------------------
AA39       Secured Personal Loans - A guide to costs       MAR 4/9155        From 24 Jul 1999
           Northern Rock plc                               24.7.1999
----------------------------------------------------------------------------------------------------------------
AA40       Secured Personal Loans - A guide to costs       MAR 4/9358        From 1 Oct 1999
           Northern Rock plc                               01.10.1999
----------------------------------------------------------------------------------------------------------------
AA41       Secured Personal Loans - A guide to costs       MAR 4/9680        From 5 Feb 2000
           Northern Rock plc                               05.2.2000
----------------------------------------------------------------------------------------------------------------
AA42       Give me the figures - Secured Loan Costs in     MAR 4/9668        From 4 Mar 2000
           Black and White                                 04.3.2000
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA43       Give me the figures - Secured Loan Costs in     MAR 4/11007       From 3 Mar 2001
           Black and White                                 03.3.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA44       Give me the figures - Secured Loan Costs in     MAR 4/11138       From 1 May 2001
           Black and White                                 01.5.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      62
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA45       Give me the figures - Secured Loan Costs in     MAR 4/11313       From 10 May 2001
           Black and White                                 10.5.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA46       Give me the figures - Secured Loan Costs in     MAR 4/11619       From 1 Sept 2001
           Black and White                                 01.9.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA47       Give me the figures - Secured Loan Costs in     MAR 4/11814       From 6 Oct 2001
           Black and White                                 06.10.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA48       Give me the figures - Secured Loan Costs in     MAR 4/12015       From 8 Nov 2001
           Black and White                                 08.11.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA49       Give me the figures - Secured Loan Costs in     MAR 4/12449       From 1 Dec 2001
           Black and White                                 01.12.2001
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
AA50       Secured Loans - Costs in Black and White        MAR4/13517        Valid until further notice
           Northern Rock plc                               8.2.03            8.2.03
----------------------------------------------------------------------------------------------------------------
AA51       Secured Personal Loans - A guide to costs.      Dev. 220          Valid until further notice
                                                                             1 Jan 95
----------------------------------------------------------------------------------------------------------------
AA52       Flexible borrowing on your mortgage - Secured   Dev. 182          Valid until further notice
           Personal Loans. The Flexible Plan                                 1 Jan 95
----------------------------------------------------------------------------------------------------------------
AA53       Borrowing a fixed amount on your mortgage -     Dev. 181          Valid until further notice
           Secured Personal Loans. The Fixed Sum Plan                        1 Jan 95
----------------------------------------------------------------------------------------------------------------
AA54       Secured Personal Loans - A guide to costs       Dev. 220          Valid until further notice
                                                                              12 Jun 95
----------------------------------------------------------------------------------------------------------------
AA55       Secured Personal Loans - The Flexible Plan      Dev. 182          Valid until further notice
                                                                              12 Jun 95
----------------------------------------------------------------------------------------------------------------
AA56       Secured Personal Loans - The Fixed Sum Plan -   Dev. 181          Valid until further notice
           Hard to Beat                                                       12 Jun 95
----------------------------------------------------------------------------------------------------------------
AA57       Secured Personal Loans - The Fixed Sum Plan -   Dev. 181          Valid until further notice
           Hard to Beat                                                      28 Nov 95
----------------------------------------------------------------------------------------------------------------
AA58       Deed of Variation of Mortgage and Receipt for   SEC40/10.97       Oct 1997
           Further Advance
----------------------------------------------------------------------------------------------------------------
AA59       Deed of Variation of Security and Receipt for   ADV152./10.97     Oct 1997
           Further Advance
----------------------------------------------------------------------------------------------------------------
AA60       Receipt for Further Advance                     ADV60./10.97      Oct 1997
----------------------------------------------------------------------------------------------------------------
AA61       Report on Title (Scotland)                      ADV268./10.97     Oct 1997
----------------------------------------------------------------------------------------------------------------
AA62       Standard Security                               SEC53/10.97       Oct 1997
----------------------------------------------------------------------------------------------------------------
AA58       Secured Personal Loans - A guide to costs -     MAR 4/8748        Valid until further notice
           Hard to Beat                                                      1 Feb 99
----------------------------------------------------------------------------------------------------------------
AA59       Mortgage Deed (Flexible Plan) - 3 Copies        MD1/0900          Sep 2000
----------------------------------------------------------------------------------------------------------------
AA60       Mortgage Deed (Flexible Plan) - 3 Copies        MD3/0900          Sep 2000
----------------------------------------------------------------------------------------------------------------
AA61       Changes in Ownership of Mortgaged Property      ADV54.11/00       Nov 2000
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      63
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA62       Pay Safe - Payment Protection                   MAR8/11165        Valid until further notice
                                                                             1 May 2001
----------------------------------------------------------------------------------------------------------------
AA63       Re-Advance/Further Advance Receipt              SEC37/07.01       Jul 2001
----------------------------------------------------------------------------------------------------------------
AA64       The Mortgage Code - You and your mortgage       03/02             Mar 2002
----------------------------------------------------------------------------------------------------------------
AA65       I want to plan ahead - Secured Loans with a     MAR125/12507      Valid until further notice
           Fixed Rate
                                                                             4 May 2002
----------------------------------------------------------------------------------------------------------------
AA66       Tell a Friend about our Mortgages and(GBP)50 could MAR507/12836      Valid until further notice
           be yours
                                                                              Jul  2002
----------------------------------------------------------------------------------------------------------------
AA67       Insurance - I need you to be there sometimes    MAR389/12950      Valid until further notice
                                                                             Sep 2002
----------------------------------------------------------------------------------------------------------------
AA68       Loan Agreement (Flexible Plan) - 3 Copies       ACR2Z/0103        Jan 2003
                                                           (ACR2A/1000,
                                                           ACR2B/1000,
                                                           ACR2C/1000)
----------------------------------------------------------------------------------------------------------------
AA69       Credit Agreement Regulated by the Consumer      ACR1Z/0103        Jan 2003
           Credit Act 1974 (Flexible Plan) - 3 Copies      (ACR1A/1000,
                                                           ACR1B/1000,
                                                           ACR1C/1000)
----------------------------------------------------------------------------------------------------------------
AA70       Credit Agreement Regulated by Consumer Credit   ACR3Z/0103        Jan 2003
           Act 1974 - 3 Copies
----------------------------------------------------------------------------------------------------------------
AA71       Secured Loans Explained                         MAR3/13518        Valid until further notice
                                                                             7 Feb 2003
----------------------------------------------------------------------------------------------------------------
AA72       Credit Agreement Regulated by the Consumer      MD1/0900          19 Feb 2003
           Credit Act 1974 (Omiga Flexible Plan) +
           Mortgage Deed
----------------------------------------------------------------------------------------------------------------
AA73       Credit Agreement Regulated by the Consumer      SEC54/04.98       19 Feb 2003
           Credit Act 1974 (Omiga PSL Base) + Mortgage
           Deed
----------------------------------------------------------------------------------------------------------------
AA74       Credit Agreement Regulated by the Consumer      SEC54/04.98       19 Feb 2003
           Credit Act 1974 (Omiga PSL Fixed) + Mortgage
           Deed
----------------------------------------------------------------------------------------------------------------
AA75       Secured Loans - Costs in Black and White        MAR 4/14011       Valid until further notice
                                                                             14 Jul 03
----------------------------------------------------------------------------------------------------------------
AA76       Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS01/AG/*
           re. Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA77       Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS02/
           re. Loan Documents for Signature                AG/*
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      64
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA78       Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS03/AG/*
           re. Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA79       Pro-forma Letter from A Gadomski                (PLN)/PERS04/AG/*
           re. Further Advance
----------------------------------------------------------------------------------------------------------------
AA80       Form attached to (PLN)/PERS04/AG/*              (PLN)/PERS05/AG/*
----------------------------------------------------------------------------------------------------------------
AA81       Pro-forma Letter from from A Gadomski           (PLN)/PERS06/AG/*
           re. Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA82       Pro-forma Letter from A Gadomski re. Personal   (PLN)/PERS06R
           Secured Loan                                     A/AG/*
----------------------------------------------------------------------------------------------------------------
AA83       Pro-forma Letter from A Gadomski re. Personal   (PLN)/PERS07/AG/*
           Secured Loan
----------------------------------------------------------------------------------------------------------------
AA84       Pro-forma Letter from A Gadomski re.            (PLN)/PERS08/AG/*
           Postponement of Second Charge
----------------------------------------------------------------------------------------------------------------
AA85       pro-forma Deed of Postponement                  (PLN)/PERS09
----------------------------------------------------------------------------------------------------------------
AA86       Pro-forma Deed of Postponement                  (PLN)/PERS10
----------------------------------------------------------------------------------------------------------------
AA87       Pro-forma Deed of Postponement                  (PLN)/PERS10A
----------------------------------------------------------------------------------------------------------------
AA88       Pro-forma Letter from A Gadomski re.            (PLN)/PERS11/AG/*
           Repayment of Loan
----------------------------------------------------------------------------------------------------------------
AA89       Pro-forma Letter from A Gadomski re.            (PLN)/PERS11A/AG/*
           Repayment of Loan
----------------------------------------------------------------------------------------------------------------
AA90       Pro-forma Letter from A Gadomski re.            (PLN)/PERS12/AG/*
           Application for Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA91       Mortgage Deed (Relating to a Regulated          MD2/0900 and
           Agreement under the Consumer Credit             MD2B/0900
           Act 1974 - Original + 2 Copies
----------------------------------------------------------------------------------------------------------------
AA92       Credit Agreement regulated by the Consumer      CA127Z/0900
           Credit Act 1974 - Original + 2 Copies
----------------------------------------------------------------------------------------------------------------
AA93       Credit Agreement regulated by the Consumer      CA126Z/0103
           Credit Act 1974 - Original + 2 Copies
----------------------------------------------------------------------------------------------------------------
AA94       Credit Agreement Regulated by the Consumer      CA138Z/0900
           Credit Act 1974 - Original + 2 Copies
----------------------------------------------------------------------------------------------------------------
AA95       Credit Agreement regulated by the Consumer      CA125Z/0102
           Credit Act 1974 - Original + 2 Copies
----------------------------------------------------------------------------------------------------------------
AA96       Re-Advance/Further Advance Receipt (Omiga
           Further Advance)
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      65
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA97       Deed of Variation of Mortgage and
           Receipt for Further Advance
           (Omiga Further Advance)
----------------------------------------------------------------------------------------------------------------
AA98       English Flexible Plan Paragraphs
----------------------------------------------------------------------------------------------------------------
AA99       English PSL Paragraphs
----------------------------------------------------------------------------------------------------------------
AA100      Further Advance Paragraphs
----------------------------------------------------------------------------------------------------------------
AA101      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS13/AG/*
           re. Offer of Further Advance
----------------------------------------------------------------------------------------------------------------
AA102      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS14/AG/*
           re. Further Advance Application
----------------------------------------------------------------------------------------------------------------
AA103      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS15/AG/*
           re. Further Advance Application
----------------------------------------------------------------------------------------------------------------
AA104      Pro-forma Letter from A Gadomski                (PLN)/PERS16/AG/*
           re. Further Advance
----------------------------------------------------------------------------------------------------------------
AA105      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS17/AG/*
           re. Offer of Further Advance
----------------------------------------------------------------------------------------------------------------
AA106      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS18/AG/*
           re. Further Advance Application
----------------------------------------------------------------------------------------------------------------
AA107      Pro-forma Letter from A Gadomski re.            (PLN)/PERS19/AG/*
           Postponement of Second Charge
----------------------------------------------------------------------------------------------------------------
AA108      Deed of Postponement                            (PLN)/PERS20
----------------------------------------------------------------------------------------------------------------
AA109      Deed of Postponement                            (PLN)/PERS21
----------------------------------------------------------------------------------------------------------------
AA110      Deed of Postponement                            (PLN)/PERS21A
----------------------------------------------------------------------------------------------------------------
AA111      Deed of Postponement                            (PLN)/PERS21A
----------------------------------------------------------------------------------------------------------------
AA112      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS22/AG/*
           re. Further Advance
----------------------------------------------------------------------------------------------------------------
AA113      Pro-forma Letter from A Gadomski re.            (PLN)/PERS22A/AG/*
           Additional Advance
----------------------------------------------------------------------------------------------------------------
AA114      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS24A/AG/*
           re. Personal Secured Loan, Further Advance
----------------------------------------------------------------------------------------------------------------
AA115      Pro-forma Letter from A Gadomski re.            (PLN)/PERS25AG/*
           Repayment of Loan
----------------------------------------------------------------------------------------------------------------
AA116      Pro-forma Letter from A Gadomski re.            (PLN)/PERS26AG/*
           Personal Secured Loan

----------------------------------------------------------------------------------------------------------------
AA117      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS28AG/*
           re. Additional Advance Application
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      66
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA118      Pro-forma Letter from A Gadomski re.            (PLN)/PERS30AG/*
           Postponement of Second Charge
----------------------------------------------------------------------------------------------------------------
AA119      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS31AG/*
           re. Redemption Figure Request
----------------------------------------------------------------------------------------------------------------
AA120      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS37AG/*
           re. Application for Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA121      Pro-forma Letter from A Gadomski re. Personal   (PLN)/PERS39AG/*
           Secured Loan
----------------------------------------------------------------------------------------------------------------
AA122      Form acknowledging receipt of advance           (PLN)/PERS40
----------------------------------------------------------------------------------------------------------------
AA123      Form re. Certificate of Consent                 (PLN)/PERS41
----------------------------------------------------------------------------------------------------------------
AA124      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS50AG/*
           re. Release and Discharge
----------------------------------------------------------------------------------------------------------------
AA125      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS51/AG/*
           re. Release and Discharge
----------------------------------------------------------------------------------------------------------------
AA126      Application for a Further Advance Loan          (PLN)/PERS38/AG/*
----------------------------------------------------------------------------------------------------------------
AA127      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS52/AG/*
           re. Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA128      Pro-forma Letter from A Gadomski to Customer    (PLN)/PERS53/AG/*
           re. Personal Secured Loan
----------------------------------------------------------------------------------------------------------------
AA129      Deed of Postponement                            (PLN)/PERS21B
----------------------------------------------------------------------------------------------------------------
AA130      Deed of Postponement                            (PLN)/PERS10B
----------------------------------------------------------------------------------------------------------------
AA131      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX01/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA132      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX02/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA133      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX03/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA134      Application for Flexible Plan Loan              (PLN)/FLEX04/SO/*
----------------------------------------------------------------------------------------------------------------
AA135      Pro-forma Letter from A Gadomski re.            (PLN)/FLEX05/AG/*
           Postponement of Second Charge
----------------------------------------------------------------------------------------------------------------
AA136      Deed of Postponement                            (PLN)/FLEX06
----------------------------------------------------------------------------------------------------------------
AA137      Deed of Postponement                            (PLN)/FLEX07
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      67
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA138      Deed of Postponement                            (PLN)/FLEX07A
----------------------------------------------------------------------------------------------------------------
AA139      Pro-forma Letter from A Gadomski re. Repayment  (PLN)/FLEX08/AG/*
           of Loan
----------------------------------------------------------------------------------------------------------------
AA149      Pro-forma Letter from A Gadomski re. Repayment  (PLN)/FLEX08
           of Loan                                         A/AG/*
----------------------------------------------------------------------------------------------------------------
AA141      Pro-forma Letter from A Gadomski re.            (PLN)/FLEX09/AG/*
           Application from Borrower
----------------------------------------------------------------------------------------------------------------
AA142      Pro-forma Letter from A Gadomski re.            (PLN)/FLEX10/AG/*
           Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA143      Pro-forma Letter from A Gadomski re. Personal   (PLN)/FLEX11/AG/*
           Secured Loan
----------------------------------------------------------------------------------------------------------------
AA144      Extract from Title Deeds                        (PLN)/FLEX12/SO/*
----------------------------------------------------------------------------------------------------------------
AA145      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX13/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA146      Pro-forma Letter from A Gadomski re.            (PLN)/FLEX14/AG/*
           Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA147      Pro-forma Letter from A Gadomski re. Flexible   (PLN)/FLEX14R
           Plan Loan                                       A/AG/*
----------------------------------------------------------------------------------------------------------------
AA148      Pro-forma Letter from A Gadomski re. Flexible   (PLN)/FLEX15/AG/*
           Plan Loan
----------------------------------------------------------------------------------------------------------------
AA149      Pro-forma Letter from A Gadomski re. Flexible   (PLN)/FLEX15R
           Plan Loan                                       A/AG/*
----------------------------------------------------------------------------------------------------------------
AA150      Pro-forma Letter from A Gadomski re. Flexible   (PLN)/FLEX16/AG/*
           Plan Loan
----------------------------------------------------------------------------------------------------------------
AA151      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX24/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA152      Pro-forma Letter from A Gadomski  re. Title     (PLN)/FLEX25/AG/*
           Deeds
----------------------------------------------------------------------------------------------------------------
AA153      Pro-forma Letter from A Gadomski  re. Title     (PLN)/FLEX25A/AG/*
           Deeds
----------------------------------------------------------------------------------------------------------------
AA154      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX26/AG/*
           re. Proposed Further Advance
----------------------------------------------------------------------------------------------------------------
AA155      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX27/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      68
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
AA156      Pro-forma Letter from A Gadomski re. Further    (PLN)/FLEX26B/AG/*
           Advance Loan
----------------------------------------------------------------------------------------------------------------
AA157      Pro-forma Letter from A Gadomski re. Further    (PLN)/FLEX26A/AG/*
           Advance Loan
----------------------------------------------------------------------------------------------------------------
AA158      Pro-forma Letter from A Gadomski re. Further    (PLN)/FLEX25B/AG/*
           Advance Loan
----------------------------------------------------------------------------------------------------------------
AA159      Pro-forma Letter from A Gadomski re. Property   (PLN)/FLEX25C/AG/*
----------------------------------------------------------------------------------------------------------------
AA160      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX28/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA161      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX29/AG/*
           re. Flexible Plan Loan
----------------------------------------------------------------------------------------------------------------
AA162      Deed of Postponement                            (PLN)/FLEX07B
----------------------------------------------------------------------------------------------------------------
AA163      Pro-forma Letter from A Gadomski to Customer    (PLN)/FLEX26/AG/*
           re. Proposed Further Advance
----------------------------------------------------------------------------------------------------------------
AA164      Certificate of Consent
----------------------------------------------------------------------------------------------------------------
AA165      Loan Agreement (Flexible Plan - Scotland) - 3   ACR4Z/0103
           Copies
----------------------------------------------------------------------------------------------------------------
AA166      Omiga/BMA Branch Pack - For Your Reference
----------------------------------------------------------------------------------------------------------------
AA167      Secured Personal Loan Application Form          ADV031            6.2004
----------------------------------------------------------------------------------------------------------------

</TABLE>

                         Part 5 Non-material documents

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
BB
----------------------------------------------------------------------------------------------------------------
BB1        Instructions to Solicitors - Fixed Sum Plan     ADV 269 5.98      From May 1998
           (Scotland)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB2        Instructions to Solicitors - Fixed Sum Plan     ADV 269a 5.98     From May 1998
           (Scotland)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB3        Deed of Variation of Security and Receipt       SOL009 09/00      From Sep 2000.  Not used by
           for Further Advance (Scotland)                                    further advance dept.  Used by
           Northern Rock plc                                                 product transfer dept. where
                                                                             borrower is switching product
                                                                             and increasing borrowing at
                                                                             same time (only used on older
                                                                             forms of mortgage conditions
                                                                             switching from annual rest
                                                                             mortgage to a daily rest version.
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      69
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
BB4        Help Me Buy to Let - Mortgages for Landlords    MAR 466/11665     From 3 Sep 2001
           Northern Rock plc                               03.9.2001
----------------------------------------------------------------------------------------------------------------
BB5        Help Me Buy to Let - Mortgages for Landlords    MAR 466/11794     From 19 Sep 2001
           Northern Rock plc                               19.9.2001
----------------------------------------------------------------------------------------------------------------
BB6        Help Me Buy to Let - Mortgages for Landlords    MAR 466/11856     From 4 Oct 2001
           Northern Rock plc                               04.10.2001
----------------------------------------------------------------------------------------------------------------
BB7        Help Me Buy to Let - Mortgages for Landlords    MAR 466/11974     From 8 Nov 2001
           Northern Rock plc                               08.11.2001
----------------------------------------------------------------------------------------------------------------
BB8        Help Me Buy to Let - Mortgages for Landlords    MAR 466/12222     From 7 Jan 2002
           Northern Rock plc                               07.1.2002
----------------------------------------------------------------------------------------------------------------
BB9        I want to buy to let - Mortgages for Landlords  MAR 466/12470     From 20 Mar 2002
           Northern Rock plc                               20.3.2002
----------------------------------------------------------------------------------------------------------------
BB10       I want to buy to let - Mortgages for Landlords  MAR 466/12645     From 10 May 2002
           Northern Rock plc                               10.5.2002
----------------------------------------------------------------------------------------------------------------
BB11       I want to buy to let - Mortgages for Landlords  MAR 466/12861     From 26 Jul 2002
           Northern Rock plc                               26.7.2002
----------------------------------------------------------------------------------------------------------------
BB12       I want to buy to let - Mortgages for Landlords  MAR 466/12861     From 6 Aug 2002
           Northern Rock plc                               06.8.2002
----------------------------------------------------------------------------------------------------------------
BB13       I want to buy to let - Mortgages for Landlords  MAR 466/13148     From 21 Oct 2002
           Northern Rock plc                               21.10.2002
----------------------------------------------------------------------------------------------------------------
BB14       I want to buy to let - Mortgages for Landlords  MAR 466/13232     From 8 Nov 2002
           Northern Rock plc                               08.11.2002
----------------------------------------------------------------------------------------------------------------
BB15       Sample Special Conditions for Bradford &                          From 9 Jan 2003
           Bingley Together Exclusives (Variable)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB16       Sample Special Conditions for Bradford &                          From 9 Jan 2003
           Bingley Together Exclusives Fixed mortgage
           loans - 2, 3, 5 and 7 year fixed
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB17       Sample Special Conditions for Buy to Let 2 year                   From 9 Jan 2003
           Fixed Rate
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB18       Sample Special Conditions for Buy to Let 1.5%                     From 9 Jan 2003
           5 year Tracker
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB19       Sample Wording - Buy to Let - Help With Costs
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB20       Sample Special Conditions for HERM Cashplus                       From 9 Jan 2003
           Fixed and Capped/ Exclusive HERM Cashplus Fixed
           and Capped/SIFA HERM Cashplus Fixed and Capped
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB21       Sample Special Conditions for HERM Standard                       From 9 Jan 2003
           Fixed and Capped/ HERM Standard Fixed and
           Capped Exclusives/ SIFA HERM Standard Fixed and
           Capped
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB22       Sample Special Conditions for Legal & General                     From 9 Jan 2003
           Together Exclusives (Variable)
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      70
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
BB23       Sample Special Conditions for Legal & General                     From 9 Jan 2003
           Together Exclusives Fixed mortgage loans - 2,
           3, 5 and 7 year fixed
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB24       I want to buy to let                            MAR 466/13372     From 10 Jan 2003
           Northern Rock plc                               10.01.2003
----------------------------------------------------------------------------------------------------------------
BB25       Confirmation of Identity                        Jan 2002          From Jan 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB26       Confirmation of Identity                        Sept 2002         From Sept 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB27       Confirmation of Identity                        28 Jan 2003       From 28 Jan 2003
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
BB28       I need you to be there sometimes [insurance]    MAR 389/12958     From Sept 2002
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------

</TABLE>

               Part 6 Documents Used Only in the Origination of
                             Connections Mortgages

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
CC         Brochures
----------------------------------------------------------------------------------------------------------------
CC1        Connections - Current Account Terms and         MAR 634/13347     Valid until further notice -
           Conditions - Small but important                27.11.2002        27.11.2002
----------------------------------------------------------------------------------------------------------------
CC2        Connections - Save Direct Terms and             MAR 633/13347     Valid until further notice -
           Conditions  - Small but important               27.11.2002        27.11.2002
----------------------------------------------------------------------------------------------------------------
CC3        Mortgages - Options for your Connections        MAR 632/13363     Valid until further notice -
           Mortgage                                        27.11.2002        27.11.2002
----------------------------------------------------------------------------------------------------------------
CC4        Mortgages - I Want to Shrink my Mortgage        MAR 625/13245     Valid until further notice -
                                                           27.11.2002        27.11.2002
----------------------------------------------------------------------------------------------------------------
CC5        Connections - What's it going to Cost?          MAR 630/13833     Valid until further notice -
                                                           18.6.2003         18.6.2003
----------------------------------------------------------------------------------------------------------------
CC6        Connections - What's it going to Cost?          MAR 630/13833     Valid until further notice -
                                                           14.7.2003         14.7.2003
----------------------------------------------------------------------------------------------------------------
CC7        Connections - What's it going to Cost?          MAR 630/13833     Valid until further notice -
                                                           25/7/2003         25.7.2003
----------------------------------------------------------------------------------------------------------------
CC8        Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             9 Sep 2003
----------------------------------------------------------------------------------------------------------------
CC9        Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             14 Oct 2003
----------------------------------------------------------------------------------------------------------------
CC10       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             17 Nov 2003
----------------------------------------------------------------------------------------------------------------
CC11       Mortgages - I Want to Shrink my Mortgage        MAR 625/14519     Valid until further notice
                                                                             1 Dec 2003
----------------------------------------------------------------------------------------------------------------
CC12       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             17 Dec 2003
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      71
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                <C>

SABW       Document                                        Reference         Usage period and notes
----------------------------------------------------------------------------------------------------------------
CC13       Mortgages - I Want to Shrink my Mortgage        MAR 625A/14813    Valid until further notice
                                                                             20 Jan 2004
----------------------------------------------------------------------------------------------------------------
CC14       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             20 Jan 2004
----------------------------------------------------------------------------------------------------------------
CC15       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             16 Feb 2004
----------------------------------------------------------------------------------------------------------------
CC16       Mortgages - I Want to Shrink my Mortgage        MAR 625/15007     Valid until further notice
                                                                             9 Mar 2004
----------------------------------------------------------------------------------------------------------------
CC17       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             25 Mar 2004
----------------------------------------------------------------------------------------------------------------
CC18       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             22.6.2004
----------------------------------------------------------------------------------------------------------------
CC19       Connections - What's it going to cost?          MAR 630/13833     Valid until further notice
                                                                             9.7.2004
----------------------------------------------------------------------------------------------------------------
CC20       Connections - What's it going to cost?          MAR 630           Valid until further notice
                                                                             16.8.04
----------------------------------------------------------------------------------------------------------------
CC21       Connections - What's it going to cost?          MAR 630           Valid until further notice
                                                                             16.8.2004
----------------------------------------------------------------------------------------------------------------
DD         Mortgage Application Forms
----------------------------------------------------------------------------------------------------------------
DD1
----------------------------------------------------------------------------------------------------------------
EE         Connections Credit/Loan Agreements
----------------------------------------------------------------------------------------------------------------
EE1
----------------------------------------------------------------------------------------------------------------
FF         Conditions for Connections products
           (eg Savings Account Applications/ Agreements
           etc)
----------------------------------------------------------------------------------------------------------------
FF1        Connections Conditions                          MAR 631           27.11.02
----------------------------------------------------------------------------------------------------------------
FF2
----------------------------------------------------------------------------------------------------------------
GG         Mortgage Deeds
----------------------------------------------------------------------------------------------------------------
GG1
----------------------------------------------------------------------------------------------------------------
HH         Supplementary Instructions to Solicitors
----------------------------------------------------------------------------------------------------------------
HH1
----------------------------------------------------------------------------------------------------------------
HH2
----------------------------------------------------------------------------------------------------------------
II         Miscellaneous Mortgage Documents
----------------------------------------------------------------------------------------------------------------
II1        Connections Savings Options Form                MAR 635/1.03      Jan 2003
----------------------------------------------------------------------------------------------------------------
II2        Memo re New Mortgage Product Statement of                         11 Aug 2003
           Requirements - Connections 7 Year Flexible
           Discount Tracker
----------------------------------------------------------------------------------------------------------------
II3        Pro forma of Covering Letter to customers       Ref:              2 Sep 2003
           enclosing Connections Pack                      CUSTADMIN/J
                                                           W
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      72
<PAGE>

   Part 7 Documents used in the Origination of Scottish Mortgages/Loans Only

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                   <C>

SABW       Document                                        Reference                 Usage period and notes
----------------------------------------------------------------------------------------------------------------
JJ
----------------------------------------------------------------------------------------------------------------
JJ1        Affidavit (re: Matrimonial Home/Occupancy       ADV 77/1/87                          Jan 1987
           Rights)
----------------------------------------------------------------------------------------------------------------
JJ2        Re-advance/Further Advance Receipt              SEC 37/11/93                         Nov 1993
----------------------------------------------------------------------------------------------------------------
JJ3        Additional Advance Cheque Request               ADV 133. 01/94                       Jan 1994
----------------------------------------------------------------------------------------------------------------
JJ4        Standard Security                               ADV 58. 01/94                        Jan 1994
----------------------------------------------------------------------------------------------------------------
JJ5        Report on Title (Scotland) - Regulated Loan     ADV 136. 01/94                       Jan 1994
----------------------------------------------------------------------------------------------------------------
JJ6        Deed of Variation of Security and Receipt       ADV 152. 01/94                       Jan 1994
           for Further Advance
----------------------------------------------------------------------------------------------------------------
JJ7        Report on Title (Scotland)                      ADV 62./01.94                        Jan 1994
----------------------------------------------------------------------------------------------------------------
JJ8        Assignation of Life Assurance Policy            ADV 59. 01/94                        Jan 1994
----------------------------------------------------------------------------------------------------------------
JJ9        Scottish Mortgage Conditions 1994               SEC 33/02.94                         Feb 1994
----------------------------------------------------------------------------------------------------------------
JJ10       Flexible Plan Application Form                  ADV 156/9/94                         Sep 1994
----------------------------------------------------------------------------------------------------------------
JJ11       Report and Valuation for Mortgage Purposes      ADV 7/11.94                          Nov 1994
           on Behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
JJ12       Deed of Postponement (relating to a             FLEX06 - 1995?                          1995?
           Flexible Plan Loan regulated by the
           Consumer Credit Act of 1974)
----------------------------------------------------------------------------------------------------------------
JJ13       Deed of Postponement (relating to a             FLEX07- 1995?                           1995?
           Flexible Plan Loan regulated by the Consumer Credit Act 1974)
           FLEX07- 1995?
----------------------------------------------------------------------------------------------------------------
JJ14       Deed of Postponement (relating to a             PERS09- 1995?                           1995?
           Personal Secured Loan regulated by the
           Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ15       Deed of Postponement (relating to a             PERS10- 1995?                           1995?
           Personal Secured Loan regulated by the
           Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ16       Deed of Postponement                            PERS20- 1995?                           1995?
----------------------------------------------------------------------------------------------------------------
JJ17       Deed of Postponement                            PERS21- 1995?                           1995?
----------------------------------------------------------------------------------------------------------------
JJ18       Fixed Sum Plan Application Form                 ADV 31/4.95                          Apr. 1995
----------------------------------------------------------------------------------------------------------------
JJ19       Credit Agreement Regulated by the Consumer      Flexible Plan                        Jul 1995
           Credit Act 1974                                 (Scotland) -
                                                           ADVCR3 07/95
----------------------------------------------------------------------------------------------------------------
JJ20       Loan Agreement - Flexible Plan (Scotland)       ADVCR4 07/95                         Jul 1995
----------------------------------------------------------------------------------------------------------------
JJ21       Credit Agreement Regulated by the Consumer      ADV 138 09/95                        Sep 1995
           Credit Act 1974 (Personal Secured Loan)
----------------------------------------------------------------------------------------------------------------
JJ22       Assignation of Life Assurance Policy            ADV 59. 09/95                        Sep 1995
----------------------------------------------------------------------------------------------------------------
JJ23       Credit Agreement Regulated by the Consumer      ADV 138 09/95                        Sep 1995
           Credit Act 1974 (Personal Secured Loan)
----------------------------------------------------------------------------------------------------------------
JJ24       Receipt for Further Advance                     ADV 60. 09.95                        Sep 1995
----------------------------------------------------------------------------------------------------------------
JJ25       Deed of Variation of Security and Receipt       ADV152. 09/95                        Sep 1995
           for Further Advance
----------------------------------------------------------------------------------------------------------------
JJ26       Consent by Non-Entitled Spouse                  ADV 64. /09.95                       Sep 1995
----------------------------------------------------------------------------------------------------------------
JJ27       Postponed Standard Security                     SEC 53. 09/95                        Sep 1995
----------------------------------------------------------------------------------------------------------------
JJ28       Standard Security                               ADV 58. 09/95                        Sep 1995
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      73
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                   <C>

SABW       Document                                        Reference              Usage period and notes
----------------------------------------------------------------------------------------------------------------
JJ29       Deed of Postponement (relating to a             (PLN)/FLEX07                         Oct 1995
           Flexible Plan Loan regulated by the             - 01/10/1995
           Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ30       Scottish Mortgage Conditions 1995               SEC33/0296                           Feb 1996
----------------------------------------------------------------------------------------------------------------
JJ31       Report on Title (Scotland) 1995                 ADV62/0596                           May 1996
----------------------------------------------------------------------------------------------------------------
JJ32       Credit Agreement Regulated by the               ADR3A-C/0796                         July 1996
           Consumer Credit Act 1974 -
           Flexible Plan (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ33       Report on Title (Scotland)                      ADV62/0197                           Jan 1997
----------------------------------------------------------------------------------------------------------------
JJ34       Guarantors Confirmation (Existing               ADV266.7/97                          July 1997
           Borrowers
----------------------------------------------------------------------------------------------------------------
JJ35       Fixed Sum Plan Application Form                 ADV31/07.97                          July 1997
----------------------------------------------------------------------------------------------------------------
JJ36       Flexible Plan Application Form                  ADV 156.07/97                        July 1997
----------------------------------------------------------------------------------------------------------------
JJ37       Deed of Postponement (relating to a             (PLN)/PERS09-                        Oct 1997
           Personal Secured Loan regulated by              01/10/1997
           the Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ38       Deed of Postponement (relating to a             (PLN)/PERS10-                        Oct 1997
           Personal Secured Loan regulated by              01/10/1997
           the Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ39       Deed of Postponement                            (PLN)/PERS21-                        Oct 1997
                                                           01/10/1997
----------------------------------------------------------------------------------------------------------------
JJ40       Flexible Plan Application Form                  ADV156.10/97                         Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ41       Fixed Sum Plan Application Form                 ADV31.10/97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ42       Guarantors Confirmation (Existing               ADV266.10/97                         Oct 1997
           Borrowers)
----------------------------------------------------------------------------------------------------------------
JJ43       Assignation of Life Assurance Policy            ADV59/10.97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ44       Re-advance/Further Advance Receipt              SEC37/1097                           Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ45       Standard Security                               ADV58/1097                           Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ46       Receipt for Further Advance                     ADV60.10/97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ47       Report on Title (Scotland)                      ADV268.10/97                         Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ48       Report on Title (Scotland) -                    ADV136.10/97                         Oct 1997
           Regulated Loan
----------------------------------------------------------------------------------------------------------------
JJ49       Credit Agreement Regulated by the Consumer      ADV138.10.97                         Oct 1997
           Credit Act 1974 (Personal Secured Loan)
----------------------------------------------------------------------------------------------------------------
JJ50       Postponed Standard Security                     SEC53.10/97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ51       Schedule of Documents of Title (Scotland)       SEC7.10/97                           Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ52       Scottish Mortgage Conditions 1997               SEC33.10/97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ53       Consent by Non-Entitled Spouse                  ADV64.10/97                          Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ54       Affidavit (re: Matrimonial Home/                ADV 7/10.97                          Oct 1997
           Occupancy Rights)
----------------------------------------------------------------------------------------------------------------
JJ55       Report and Valuation for Mortgage               ADV 7/10.97                          Oct 1997
           Purposes on Behalf of
           Northern Rock plc
----------------------------------------------------------------------------------------------------------------
JJ56       Additional Advance Funds Request (Scotland)     ADV 133./10.97                       Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ57       Instructions to Solicitors - For                ADV 270.                             Oct 1997
           Flexible Plan Loans over (GBP)15,000            (Flexible Plan
                                                           over (GBP)15K -
                                                           Scotland) 10/97
----------------------------------------------------------------------------------------------------------------
JJ58       Instructions to Solicitors (Attaching           ADV 136./10.97                       Oct 1997
           Report on Title (Scotland) -
           Regulated Loan) -
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      74
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                   <C>

SABW       Document                                        Reference              Usage period and notes
----------------------------------------------------------------------------------------------------------------
JJ59       Deed of Variation of Security and               ADV152. 10/97                        Oct 1997
           Receipt for Further Advance
----------------------------------------------------------------------------------------------------------------
JJ60       Instructions to Solicitors - (Flexi             ADV 137 10/97                        Oct 1997
           - Under (GBP)15K - Scotland)
----------------------------------------------------------------------------------------------------------------
JJ61       Credit Agreement Regulated by the               ADR3A-C/1097                         Oct 1997
           Consumer Credit Act 1974 -
           Flexible Plan (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ62       Loan Agreement - Flexible Plan (Scotland)       ACR4A-C/1097                         Oct 1997
----------------------------------------------------------------------------------------------------------------
JJ63       Additional Advance Funds Request                ADV 133.11.97                        Nov 1997
           (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ64       Flexible Plan Application Form                  ADV156.15/12/97                      Dec 1997
----------------------------------------------------------------------------------------------------------------
JJ65       Fixed Sum Plan Application Form                 ADV31.15/12/97                       Dec 1997
----------------------------------------------------------------------------------------------------------------
JJ66       Additional Advance Funds Request                ADV 133./1.98                        Jan 1998
           (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ67       Report On Title (Scotland)                      ADV 62./02.98                        Feb 1998
----------------------------------------------------------------------------------------------------------------
JJ78       Loan Agreement - Flexible Plan (Scotland)       ACR4A-C/0298                         Feb 1998
----------------------------------------------------------------------------------------------------------------
JJ69       Instructions to Solicitors - For                ADV 270.04.98                        Apr 1998
           Flexible Plan Loans Over (GBP)25,000
           - (Flexible Plan over(GBP)25K -
           Scotland)
----------------------------------------------------------------------------------------------------------------
JJ70       Report on Title (Scotland) - Regulated Loan     ADV 136.                             May 1998
                                                           /05.98
----------------------------------------------------------------------------------------------------------------
JJ71       Instructions to Solicitors - (Fixed             ADV 169.5/98                         May 1998
           Sum Plan - Scotland)
----------------------------------------------------------------------------------------------------------------
JJ72       Secured Personal Loan Application Form          ADV 31. 5/98                         May 1998
----------------------------------------------------------------------------------------------------------------
JJ73       Instructions to Panel Solicitors -              ADV 269a.05/98                       May 1998
           (Fixed Sum Plan - Scotland)
----------------------------------------------------------------------------------------------------------------
JJ74       Credit Agreement Regulated by the Consumer      MAR 127                              Jun 1998
           Credit Act 1974 (Personal Secured Loan)         01/06/98
----------------------------------------------------------------------------------------------------------------
JJ75       Credit Agreement Regulated by the Consumer      ACR3A-C/0798                         Jul 1998
           Credit Act 1974 - Flexible Plan (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ76       Instructions to Solicitors - ADV (Flexi -       137/ 01.07.98                        Jul 1998
           Under 25K - Scotland)
----------------------------------------------------------------------------------------------------------------
JJ77       Report and Valuation for Mortgage Purposes      ADV 7/12.98                          Dec 1998
           on Behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
JJ78       Secured Personal Loan Application Form          ADV 31. 1/99                         Jan 1999
----------------------------------------------------------------------------------------------------------------
JJ79       Deed of Postponement                            (PLN)PERS20                          Oct 1999
                                                           - 01/10/1999
----------------------------------------------------------------------------------------------------------------
JJ80       Report on Title (Scotland)                      ADV 62./11.99                        Nov 1999
----------------------------------------------------------------------------------------------------------------
JJ81       Deed of Postponement (relating to               (PLN)/PERS10                             2000?
           a Personal Secured Loan regulated               A - 2000?
           by the Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ82       Deed of Postponement                            (PLN)/PERS21                             2000?
                                                           A - 2000?
----------------------------------------------------------------------------------------------------------------
JJ83       Deed of Postponement (relating to a             (PLN)/FLEX07                             2000?
           Flexible Plan Loan regulated by the             A - 2000?
           Consumer Credit Act 1974)
----------------------------------------------------------------------------------------------------------------
JJ84       Secured Personal Loan Application Form          ADV 031                              May 2000
                                                           (8.5.2000)
----------------------------------------------------------------------------------------------------------------
JJ85       consent by Non-Entitled Spouse                  ADV 64./06.00                        Jun 2000
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      75
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                   <C>

SABW       Document                                        Reference              Usage period and notes
----------------------------------------------------------------------------------------------------------------
JJ86       Affidavit (re: Matrimonial Home/Occupancy       ADV77 /07.00                         Jul 2000
           Rights)
----------------------------------------------------------------------------------------------------------------
JJ87       Report on Title (Scotland)                      ROT/0800                             Aug 2000
----------------------------------------------------------------------------------------------------------------
JJ88       Credit Agreement Regulated by the Consumer      CA138B/0900                          Sep 2000
           Credit Act 1974
----------------------------------------------------------------------------------------------------------------
JJ89       Credit Agreement Regulated by the Consumer      CA127 09/00                          Sep 2000
           Credit Act 1974
----------------------------------------------------------------------------------------------------------------
JJ90       Credit Agreement Regulated by the Consumer      ACR3A-C/1000                         Oct 2000
           Credit Act 1974 - Flexible Plan (Scotland)
----------------------------------------------------------------------------------------------------------------
JJ91       Loan Agreement - Flexible Plan (Scotland)       ACR4A-C/1000                         Oct 2000
----------------------------------------------------------------------------------------------------------------
JJ92       Scottish Mortgage Conditions 1997               SEC33/11.00                          Nov 2000
----------------------------------------------------------------------------------------------------------------
JJ93       Schedule of Documents of title (Scotland)       SOGO1/0201                           Feb 2001
----------------------------------------------------------------------------------------------------------------
JJ94       Deed of Variation of Security and Receipt for   ADV281/05.01                         May 2001
           Further Advance
----------------------------------------------------------------------------------------------------------------
JJ95       Deed of Guarantee (Scotland)                    ADV277/06.01                         Jun 2001
----------------------------------------------------------------------------------------------------------------
JJ96       Standard Security                               ADV278 06/01                         Jun 2001
----------------------------------------------------------------------------------------------------------------
JJ97       Deed of Variation of Security and               ADV278 06/01                         Jun 2001
           Receipt for Further Advance (with
           Guarantor)
----------------------------------------------------------------------------------------------------------------
JJ98       Receipt for Further Advance                     ADV280 Jul 01                        Jul 2001
----------------------------------------------------------------------------------------------------------------
JJ99       Scottish Mortgage Conditions 2001               SEC 72/07.2001                       Jul 2001
----------------------------------------------------------------------------------------------------------------
JJ100      Scottish Mortgage Conditions 2001               SEC 72/01.2001                       Jul 2001
----------------------------------------------------------------------------------------------------------------
JJ101      Secured Personal Loan Application Form          ADV 031                            1 Aug 2001
                                                           (1.8.2001)
----------------------------------------------------------------------------------------------------------------
JJ102      Report on Title (Scotland)                      ROT/0502                             May 2002
----------------------------------------------------------------------------------------------------------------
JJ103      Additional Advance Funds Request                AAFR/0802                            Aug 2002
----------------------------------------------------------------------------------------------------------------
JJ104      Report on Title (Scotland)                      ROT/1102                             Nov 2002
----------------------------------------------------------------------------------------------------------------
JJ105      CML Lenders' Handbook for Scotland                                                   Jan 2003
           (Part 2 - Name of Mortgage Lender) -
           Date Last Amended (1-Jan-2003)
----------------------------------------------------------------------------------------------------------------
JJ106      Credit Agreement Regulated by the Consumer      CA127 01/03                          Jan 2003
           Credit Act 1974
----------------------------------------------------------------------------------------------------------------
JJ107      Credit Agreement Regulated by the Consumer       01/03                               Jan 2003
           Credit Act 1974
----------------------------------------------------------------------------------------------------------------
JJ108      Report and Valuation for Mortgage Purposes      ADV 7/07.03                          Jul 2003
           on Behalf of Northern Rock plc
----------------------------------------------------------------------------------------------------------------
JJ109      Secured Personal Loan Application Form          ADV 031                              Aug 2003
                                                           (08.2003)
----------------------------------------------------------------------------------------------------------------

</TABLE>

                                      76
<PAGE>

<TABLE>
<CAPTION>

----------------------------------------------------------------------------------------------------------------
<S>       <C>                                             <C>                   <C>

SABW       Document                                        Reference              Usage period and notes
----------------------------------------------------------------------------------------------------------------
JJ110      Offer of Loan                                                                        Oct 2003
----------------------------------------------------------------------------------------------------------------
JJ111      Together - Standard Security                    SOL002
----------------------------------------------------------------------------------------------------------------
JJ112      Schedule of Documents of Title                  SEC 7
           (Scotland) (Pre 01/10/97)
----------------------------------------------------------------------------------------------------------------
JJ113      Consent by Non-Entitled Spouse                  ADV 64
           (Pre 09/95)
----------------------------------------------------------------------------------------------------------------
JJ114      Standard Security (Scottish Mortgage
           Conditions 2001 apply)
----------------------------------------------------------------------------------------------------------------
JJ115      Report on Title (Scotland)                      ROT/0804

</TABLE>

SIGNATORIES

SIDLEY AUSTIN BROWN & WOOD

By:

ALLEN & OVERY

By:

                                      77

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}]]