Granite Mortgages 02-1



RE: GRANITE MORTGAGES 02-1 PLC
    USD 1,274,400,000.00
    MATURING: 20/Jul/2019
    ISSUE DATE: 20/Mar/2002
    ISIN: US38741NAB91

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Oct/2006 TO 22/Jan/2007 HAS BEEN FIXED AT 5.533750 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 22/Jan/2007 WILL AMOUNT TO:
USD 20.71 PER USD 1,433.62 DENOMINATION
USD 207.15 PER USD 14,336.16 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881
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