Granite Master Issuer Plc



Re:  Granite Master Issuer Plc
     USD 50,000,000.00
     MATURING: 20-Dec-2054
     ISIN: USG41441BE89

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Sep-2008 TO 20-Oct-2008 HAS BEEN FIXED AT 3.257500 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Oct-2008 WILL AMOUNT TO:
USD 154.59 PER USD 61,014.49 DENOMINATION
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