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/Sep/2006 TO 20/Oct/2006 HAS BEEN FIXED AT 5.370000 PCT.

DAY BASIS 30/360

INTEREST PAYABLE VALUE 20/Oct/2006 WILL AMOUNT TO
USD 282.91 PER USD 63,219.78 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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