32AR Granite Mas.a1

    

Granite Master Issuer PLC



RE: GRANITE MASTER ISSUER PLC CLASS A1
    USD 975,000,000.00
    MATURING: 20/Jun/2030
    ISSUE DATE: 25/May/2005
    ISIN: US38741YAF60

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Nov/2006 TO 20/Dec/2006 HAS BEEN FIXED AT 5.360000 PCT

DAY BASIS 30/360

INTEREST PAYABLE VALUE 20/Dec/2006 WILL AMOUNT TO:
USD 46.95 PER USD 10,510.24 DENOMINATION

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

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