Granite Master Issuer Plc


Re:  Granite Master Issuer Plc
     USD 1,060,000,000.00
     MATURING: 17-Apr-2032
     ISIN: US38741YDQ98

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Jun-2008 TO 17-Jul-2008 HAS BEEN FIXED AT 2.511880 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 17-Jul-2008 WILL AMOUNT TO:
USD 87.12 PER USD 41,621.10 DENOMINATION



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