GRANITE MASTER ISSUER PLC




RE: Granite Master Issuer Plc
    USD 726,100,000.00
    MATURING: 20-Dec-2054
    ISSUE DATE: 25-Jan-2006
    ISIN: US38741YBG35

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Jun-2007 TO 20-Jul-2007 HAS BEEN FIXED AT 5.300000 PCT

DAY BASIS 30/360

INTEREST PAYABLE VALUE 20-Jul-2007 WILL AMOUNT TO:
USD 441.67 PER USD 100,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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