REG-Granite Master Issuer FRN Variable Rate Fix

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

Tue May 20, 2008 1:03pm EDT 

LONDON--(Business Wire)--

-0-
*T
Re:  Granite Master Issuer Plc
     GBP 35,100,000.00
     MATURING: 20-Dec-2054
     ISIN: XS0220175862

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-May-2008 TO 20-Aug-2008 HAS BEEN FIXED AT 6.046880 PCT

DAY BASIS: ACTUAL/365(PROP)

INTEREST PAYABLE VALUE 20-Aug-2008 WILL AMOUNT TO:
GBP 1,519.98 PER GBP 100,000.00 DENOMINATION
*T

Granite Master Issuer

Copyright Business Wire 2008
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