GRANITE MASTER ISSUER PLC


Re:  Granite Master Issuer Plc
     USD 650,000,000.00
     MATURING: 20-Dec-2030
     ISIN: US38741YCS63

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2007 TO 22-Jan-2008 HAS BEEN FIXED AT 4.978750 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 22-Jan-2008 WILL AMOUNT TO:
USD 173.32 PER USD 37,975.76 DENOMINATION
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