Granite Master Issuer Plc



Re:  Granite Master Issuer Plc
     GBP 150000000
     MATURING: 17-Apr-2032
     ISIN: XS0298979138

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Jul-2008 TO 17-Oct-2008 HAS BEEN FIXED AT 5.847500 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 17-Oct-2008 WILL AMOUNT TO:
GBP 348.21 PER GBP 23690.08 DENOMINATION



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