AL88 Citi Fun 24

    Granite Mortgages 02-1

RE: GRANITE MORTGAGES 02-1 PLC
    USD 1,274,400,000.00
    MATURING: 20-Jul-2019
    ISSUE DATE: 20-Mar-2002
    ISIN: US38741NAB91

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Jul-2006 TO 20-Oct-2006 HAS BEEN FIXED AT 5.660000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 20-Oct-2006 WILL AMOUNT TO:
USD 29.60 PER USD 2,046.45 DENOMINATION
USD 296.01 PER USD 20,464.53 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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