Granite Master Issuer Plc


RE: Granite Master Issuer PLC
    EUR 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/Dec/2006 TO 20/Mar/2007 HAS BEEN FIXED AT 5.445000 PCT.

DAY BASIS 90/360

INTEREST PAYABLE VALUE 20/Mar/2007 WILL AMOUNT TO
EUR 1,361.25 PER EUR 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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