Granite Master Issuer PLC


Re:  Granite Master Issuer Plc
     EUR 137000000
     MATURING: 20-Dec-2054
     ISIN: XS0268039699

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Oct-2008 TO 20-Jan-2009 HAS BEEN FIXED AT 5.590000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Jan-2009 WILL AMOUNT TO:
EUR 1428.56 PER EUR 100000 DENOMINATION
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