GRANITE MORTGAGES 03-3 PLC



RE: GRANITE MORTGAGES 03-3 PLC
    USD 72,000,000.00
    MATURING: 20/Jan/2044
    ISSUE DATE: 24/Sep/2003
    ISIN: US38741UAD90

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Oct/2006 TO 22/Jan/2007 HAS BEEN FIXED AT 5.823750 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 22/Jan/2007 WILL AMOUNT TO:
USD 15.21 PER USD 1,000.00 DENOMINATION
USD 152.06 PER USD 10,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881
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