Granite Master Issuer


Re:  Granite Master Issuer Plc
     EUR 62,800,000.00
     MATURING: 20-Dec-2054
     ISIN: XS0275947512

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Mar-2008 TO 20-Jun-2008 HAS BEEN FIXED AT 5.134000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Jun-2008 WILL AMOUNT TO:
EUR 1,312.02 PER EUR 100,000.00 DENOMINATION
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