56QU Gran 04 3 1b

    GRANITE MORTGAGES 04-3 PLC

RE: GRANITE MORTGAGES 04-3 PLC
USD 59,200,000.00
MATURING: 20-Sep-2044
ISSUE DATE: 22-Sep-2004
ISIN: US38741SAC61

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Jun-2006 TO 20-Sep-2006 HAS BEEN FIXED AT 5.573750 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 20-Sep-2006 WILL AMOUNT TO:
USD 683.01 PER USD 47,950.46 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881

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