FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	Granite Master Issuer Plc
	GBP 36,000,000.00
	MATURING: 20-Dec-2054
	ISIN: XS0284075560
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Nov-2012 TO 20-Dec-2012 HAS BEEN FIXED AT 1.496250 PCT
DAY BASIS: ACTUAL/365(PROP)
INTEREST PAYABLE VALUE 20-Dec-2012 WILL AMOUNT TO:
GBP 122.64 PER GBP 100,000.00 DENOMINATION