65JD Granite Mas.a1

        
 Re:                                                                                       Granite Master Issuer Plc
                                                                                           USD 36300000
                                                                                           MATURING: 20-Dec-2054
                                                                                           ISIN: US38741YAU38
                                                                                                                    
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 20-Nov-2008 TO 20-Feb-2009 HAS BEEN FIXED AT 2.497500 PCT
  
 DAY BASIS: ACTUAL/360
  
 INTEREST PAYABLE VALUE 20-Feb-2009 WILL AMOUNT TO:
 USD 0 PER USD 0 DENOMINATION
    
    

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