GRANITE MASTER ISSUER PLC


Re:  Granite Master Issuer Plc
     USD 726,100,000.00
     MATURING: 20-Dec-2054
     ISIN: US38741YBG35

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Mar-2008 TO 21-Apr-2008 HAS BEEN FIXED AT 2.605630 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 21-Apr-2008 WILL AMOUNT TO:
USD 199.88 PER USD 86,299.84 DENOMINATION
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