Granite Mortgages 04-2 Plc

RE: GRANITE MORTGAGES 04-2 PLC
    USD 40,300,000.00
    MATURING: 20/Jun/2044
    ISSUE DATE: 26/May/2004
    ISIN: US38741WAC73

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Mar/2006 TO 20/Jun/2006 HAS BEEN FIXED AT 5.100000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 20/Jun/2006 WILL AMOUNT TO:
USD 3.83 PER USD 294.10 DENOMINATION
USD 38.33 PER USD 2,940.98 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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