GRANITE MASTER ISSUER PLC


RE: Granite Master Issuer Plc
    USD 650,000,000.00
    MATURING: 20/Dec/2030
    ISSUE DATE: 29/Nov/2006
    ISIN: US38741YCS63

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Sep/2007 TO 22/Oct/2007 HAS BEEN FIXED AT 5.526250 PCT.

DAY BASIS 32/360

INTEREST PAYABLE VALUE 22/Oct/2007 WILL AMOUNT TO
USD 253.73 PER USD 51,652.68 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855
FAX: 44 (0)20 7508 3866
Email: rate.fixing@citigroup.com
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