AL80 Citi Fun 26

    Granite Mortgages 02-1 PLC

RE: GRANITE MORTGAGES 02-1 PLC
    GBP 22,500,000.00
    MATURING: 20-Apr-2042
    ISSUE DATE: 20-Mar-2002
    ISIN: XS0144806253

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
20-Apr-2004 TO 20-Jly-2004 HAS BEEN FIXED AT 5.679380 PCT.

INTEREST PAYABLE VALUE 20-Jly-2004 WILL AMOUNT TO 
GBP 141.21 PER GBP 10,000.00 DENOMINATION.
GBP 1,412.09 PER GBP 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL:
44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.

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