TIDM37NK 
 
Re:  Granite Master Issuer Plc 
     USD 15000000 
     MATURING: 20-Dec-2054 
     ISIN: US38741YDA47 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
20-Jan-2009 TO 20-Feb-2009 HAS BEEN FIXED AT 0.839380 PCT 
DAY BASIS: ACTUAL/360 
INTEREST PAYABLE VALUE 20-Feb-2009 WILL AMOUNT TO: 
USD 72.28 PER USD 100000 DENOMINATION
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