Granite Master Issuer PLC


RE: GRANITE MASTER ISSUER PLC
    EUR 137,000,000.00
    MATURING: 20/Dec/2054
    ISSUE DATE: 19/Sep/2006
    ISIN: XS0268039699

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
19/Sep/2006 TO 22/Jan/2007 HAS BEEN FIXED AT 3.933000 PCT

DAY BASIS 125/360

INTEREST PAYABLE VALUE 22/Jan/2007 WILL AMOUNT TO:
EUR 13.66 PER EUR 1,000.00 DENOMINATION
EUR 1,365.63 PER EUR 100,000.00 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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