TIDM49WB 
 
 
Re:  Granite Master Issuer Plc 
     GBP 10000000 
     MATURING: 20-Dec-2054 
     ISIN: XS0268038964 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
22-Dec-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 2.565000 PCT 
DAY BASIS: ACTUAL/365(PROP) 
INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO: 
GBP 203.6 PER GBP 100000 DENOMINATION
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