48XS Granite Mas.05

    


Granite Master Issuer Plc


Re:  Granite Master Issuer Plc
     USD 1,000,000,000.00
     MATURING: 20-Aug-2054
     ISIN: US38741YAM12

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2007 TO 22-Jan-2008 HAS BEEN FIXED AT 4.948750 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 22-Jan-2008 WILL AMOUNT TO:
USD 453.64 PER USD 100,000.00 DENOMINATION

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