Granite Master Issuer Plc


Re:  Granite Master Issuer Plc
     USD 50000000
     MATURING: 20-Dec-2054
     ISIN: USG41441BE89

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Nov-2008 HAS BEEN FIXED AT 4.347500 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Nov-2008 WILL AMOUNT TO:
USD 228.42 PER USD 61014.49 DENOMINATION
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