Granite Master Issuer PLC



Re:  Granite Master Issuer Plc
     USD 1000000000
     MATURING: 20-Dec-2054
     ISIN: US38741YCA55

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Nov-2008 HAS BEEN FIXED AT 4.357500 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Nov-2008 WILL AMOUNT TO:
USD 375.23 PER USD 100000 DENOMINATION
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