Granite Master Issuer Plc

RE: Granite Master Issuer Plc
    USD 957,000,000.00
    MATURING: 20/Dec/2030
    ISSUE DATE: 25/Jan/2006
    ISIN: US38741YBH18

PLEASE BE ADVISED THAT THE FX RATE FOR THE PERIOD
22/May/2006 TO 20/Jun/2006 HAS BEEN FIXED AT 5.120630 PCT.

DAYS BASIS 29/360 

INTEREST PAYABLE VALUE 20/Jun/2006 WILL AMOUNT TO
USD 326.49 PER USD 79,148.82 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.

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