Granite Master Issuer


Re:  Granite Master Issuer Plc
     GBP 33500000
     MATURING: 20-Dec-2054
     ISIN: XS0240607480

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Nov-2007 TO 20-Feb-2008 HAS BEEN FIXED AT 6.786250 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 20-Feb-2008 WILL AMOUNT TO:
GBP 1707.97 PER GBP 100000 DENOMINATION
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