TIDM48AI 
 
Re:  GRANITE MORTGAGES 03-3 PLC 
     USD 72,000,000.00 
     MATURING: 20-Jan-2044 
     ISIN: US38741UAD90 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
20-Oct-2011 TO 20-Jan-2012 HAS BEEN FIXED AT 1.309170 PCT 
DAY BASIS: ACTUAL/360 
INTEREST PAYABLE VALUE 20-Jan-2012 WILL AMOUNT TO: 
USD 2.16 PER USD 645.04 DENOMINATION
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