Granite Master Issuer



RE: GRANITE MASTER ISSUER PLC CLASS A4
    USD 800,000,000.00
    MATURING: 20/Dec/2054
    ISSUE DATE: 25/May/2005
    ISIN: US38741YAG44

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21/May/2007 TO 20/Aug/2007 HAS BEEN FIXED AT 5.440000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 20/Aug/2007 WILL AMOUNT TO:
USD 1,180.33 PER USD 85,835.18 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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