GRANITE MORTGAGES 03-3


Re:  GRANITE MORTGAGES 03-3 PLC
     USD 500,000,000.00
     MATURING: 20-Jan-2044
     ISIN: US38741UAC18

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Oct-2007 TO 22-Jan-2008 HAS BEEN FIXED AT 5.380000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 22-Jan-2008 WILL AMOUNT TO:
USD 7.20 PER USD 524.04 DENOMINATION



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