Granite Master Issuer


Re:  Granite Master Issuer Plc
     USD 810,000,000.00
     MATURING: 20-Apr-2031
     ISIN: US38741YBQ17

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Oct-2007 TO 20-Nov-2007 HAS BEEN FIXED AT 5.007500 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Nov-2007 WILL AMOUNT TO:
USD 50.43 PER USD 12,501.81 DENOMINATION
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