48AH Hsbc Bk. 28

    


GRANITE MORTGAGES 03-3


Re:  GRANITE MORTGAGES 03-3 PLC
     USD 500000000
     MATURING: 20-Jan-2044
     ISIN: US38741UAC18

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 4.702050 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO:
USD 3.96 PER USD 329.39 DENOMINATION

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