48AL First.abu 25

    Granite Mort 03-3

RE: GRANITE MORTGAGES 03-3 PLC
    EUR 640,000,000.00
    MATURING: 20/Jan/2044
    ISSUE DATE: 24/Sep/2003
    ISIN: XS0176409927

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Apr/2006 TO 20/Jul/2006 HAS BEEN FIXED AT 2.959000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 20/Jul/2006 WILL AMOUNT TO:
EUR 353.18 PER EUR 50,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881

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