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
22-Jan-2007 TO 20-Apr-2007 HAS BEEN FIXED AT 5.638130 PCT

DAY BASIS 88/365

INTEREST PAYABLE VALUE 20-Apr-2007 WILL AMOUNT TO:
GBP 765.47 PER GBP 56,312.05 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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