Granite Master Issuer PLC


RE: GRANITE MASTER ISSUER PLC 2007-1
    GBP 450,000,000.00
    MATURING: 01-Dec-2030
    ISSUE DATE: 24-Jan-2007
    ISIN: XS0284070504

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24-Jan-2007 TO 20-Mar-2007 HAS BEEN FIXED AT 5.517730 PCT

DAY BASIS 55/365

INTEREST PAYABLE VALUE 20-Mar-2007 WILL AMOUNT TO:
GBP 831.44 PER GBP 100,000.00 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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