GRANITE MORTGAGES 03-3 PLC



Re:  GRANITE MORTGAGES 03-3 PLC
     GBP 28,500,000.00
     MATURING: 20-Jan-2044
     ISIN: XS0176410776

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 6.566250 PCT

DAY BASIS: ACTUAL/365(GBP)

INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO:
GBP 10.68 PER GBP 645.04 DENOMINATION
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