Granite Master Issuer Plc

RE: Granite Master Issuer Plc
    USD 1,100,000,000.00
    MATURING: 20-Dec-2024
    ISSUE DATE: 26-Jan-2005
    ISIN: US38741YAB56

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Sep-2006 TO 20-Dec-2006 HAS BEEN FIXED AT 5.470000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 20-Dec-2006 WILL AMOUNT TO:
USD 1,382.69 PER USD 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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