|For Immediate Release||23 November 2016|
|Precise Mortgage Funding No.1 plc|
|(the “Issuer” )|
|RE: Election of Home Member State|
The Issuer hereby elects United Kingdom as its Home Member State for the purposes of the Transparency Directive.
c/o Structured Finance Management
35 Great St. Helen’s
Phone: +44 (0)207 398 6300