Granite Master Issuer Plc



Re:  Granite Master Issuer Plc
     GBP 150000000
     MATURING: 17-Apr-2032
     ISIN: XS0298979138

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Oct-2008 TO 19-Jan-2009 HAS BEEN FIXED AT 6.200000 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 19-Jan-2009 WILL AMOUNT TO:
GBP 103.13 PER GBP 6472.98 DENOMINATION
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