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-Dec-2007 TO 22-Jan-2008 HAS BEEN FIXED AT 4.928750 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 22-Jan-2008 WILL AMOUNT TO:
USD 451.27 PER USD 99,882.63 DENOMINATION



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