Granite Master Issuer PLC


Re:  Granite Master Issuer Plc
     EUR 137,000,000.00
     MATURING: 20-Dec-2054
     ISIN: XS0268039699

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21-Apr-2008 TO 21-Jul-2008 HAS BEEN FIXED AT 5.284000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 21-Jul-2008 WILL AMOUNT TO:
EUR 1,335.68 PER EUR 100,000.00 DENOMINATION



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