GRANITE MASTER ISSUER PLC



Re:  Granite Master Issuer Plc
     USD 650,000,000.00
     MATURING: 20-Dec-2030
     ISIN: US38741YCS63

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-May-2008 TO 20-Jun-2008 HAS BEEN FIXED AT 2.508750 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 20-Jun-2008 WILL AMOUNT TO:
USD 53.67 PER USD 24,841.93 DENOMINATION
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