Granite Mortgages 02-1 PLC



RE: GRANITE MORTGAGES 02-1 PLC
    USD 69,700,000.00
    MATURING: 20/Apr/2042
    ISSUE DATE: 20/Mar/2002
    ISIN: US38741NAC74

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Oct/2006 TO 22/Jan/2007 HAS BEEN FIXED AT 5.703750 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 22/Jan/2007 WILL AMOUNT TO:
USD 123.93 PER USD 8.321.38 DENOMINATION
USD 1,239.31 PER USD 83,213.77 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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