49WA Rolls-r.26 A

    

Granite Master Issuer PLC


RE: Granite Master Issuer Plc
    EUR 47,000,000.00
    MATURING: 20/Dec/2054
    ISSUE DATE: 19/Sep/2006
    ISIN: XS0268038451

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22/Jan/2007 TO 20/Apr/2007 HAS BEEN FIXED AT 4.024000 PCT.

DAY BASIS 88/360

INTEREST PAYABLE VALUE 20/Apr/2007 WILL AMOUNT TO
EUR 9.84 PER EUR 1,000.00 DENOMINATION.
EUR 983.64 PER EUR 100,000.00 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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