Granite Master Issuer PLC



Re:  Granite Master Issuer Plc
     GBP 10000000
     MATURING: 20-Dec-2054
     ISIN: XS0268038964

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 6.386250 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO:
GBP 1606.2 PER GBP 100000 DENOMINATION
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