73YC Granite Mas.a4a

    Granite Master Issuer Plc

RE: Granite Master Issuer Plc
    USD 957,000,000.00 
    MATURING: 20/Dec/2030
    ISSUE DATE: 25/Jan/2006
    ISIN: US38741YBH18                    
                       
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Mar/2006 TO 20/Apr/2006 HAS BEEN FIXED AT 4.861250 PCT.

DAY BASIS 31/360

INTEREST PAYABLE VALUE 20/Apr/2006 WILL AMOUNT TO
USD 414.73 PER USD 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.

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