48AL First.abu 25

    Granite Mort 03-3

RE: GRANITE MORTGAGES 03-3 PLC
    EUR 640,000,000.00
    MATURING: 20-Jan-2044
    ISSUE DATE: 24-Sep-2003
    ISIN: XS0176409927

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Jul-2006 TO 20-Oct-2006 HAS BEEN FIXED AT 3.294000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 20-Oct-2006 WILL AMOUNT TO:
EUR 359.64 PER EUR 42,722.85 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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