49NN Granite Mas.a3

    Granite Master Issuer PLC

RE: Granite Master Issuer Plc
    GBP 70,000,000.00
    MATURING: 20/Apr/2031
    ISSUE DATE: 24/May/2006
    ISIN: XS0252425995

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Jul/2006 TO 20/Oct/2006 HAS BEEN FIXED AT 4.766880 PCT.

DAY BASIS 92/365

INTEREST PAYABLE VALUE 20/Oct/2006 WILL AMOUNT TO
GBP 1,064.91 PER GBP 88,630.33 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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