GRANITE MASTER ISSUER PLC



Re:  Granite Master Issuer Plc
     USD 726100000
     MATURING: 20-Dec-2054
     ISIN: US38741YBG35

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21-Jul-2008 TO 20-Aug-2008 HAS BEEN FIXED AT 2.528130 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Aug-2008 WILL AMOUNT TO:
USD 154.93 PER USD 73540 DENOMINATION
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