TIDM73XG 
 
Re:  Granite Master Issuer Plc 
     USD 50000000 
     MATURING: 20-Dec-2054 
     ISIN: USG41441BE89 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
22-Dec-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 0.577500 PCT 
DAY BASIS: ACTUAL/360 
INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO: 
USD 7.13 PER USD 56716.97 DENOMINATION
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