56QT Gran 04 3 1a3

    Granite Mortgages 04-3 PLC


RE: GRANITE MORTGAGES 04-3 PLC
    USD 1,248,100,000.00
    MATURING: 20/Sep/2044
    ISSUE DATE: 22/Sep/2004
    ISIN: US38741SAB88

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Sep/2006 TO 20/Dec/2006 HAS BEEN FIXED AT 5.590000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 20/Dec/2006 WILL AMOUNT TO
USD 411.25 PER USD 29,104.51 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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