GRANITE MASTER ISSUER PLC


Re:  Granite Master Issuer Plc
     USD 650,000,000.00
     MATURING: 20-Dec-2030
     ISIN: US38741YCS63

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Jan-2008 TO 20-Feb-2008 HAS BEEN FIXED AT 3.964380 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Feb-2008 WILL AMOUNT TO:
USD 121.28 PER USD 37,975.76 DENOMINATION



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