REG-Granite Master Issuer PLC FRN Variable Rate Fix

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 3:21am EST

LONDON--(Business Wire)--

-0-
*T
Re:  Granite Master Issuer Plc
     GBP 12,000,000.00
     MATURING: 20-Dec-2054
     ISIN: XS0252423941

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21-Jan-2008 TO 21-Apr-2008 HAS BEEN FIXED AT 6.042500 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 21-Apr-2008 WILL AMOUNT TO:
GBP 1,502.37 PER GBP 100,000.00 DENOMINATION
*T

Granite Master Issuer PLC

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