Granite Mortgages 04/3 PLC



Re:  GRANITE MORTGAGES 04-03 PLC
     EUR 800,150,000.00
     MATURING: 20-Sep-2044
     ISIN: XS0201483228

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Jun-2008 TO 22-Sep-2008 HAS BEEN FIXED AT 5.102000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 22-Sep-2008 WILL AMOUNT TO:
EUR 311.13 PER EUR 23,354.82 DENOMINATION
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