FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	Granite Master Issuer Plc
	GBP 650,000,000.00
	MATURING: 20-Dec-2054
	ISIN: XS0284076295
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Nov-2012 TO 20-Dec-2012 HAS BEEN FIXED AT 0.716250 PCT
DAY BASIS: ACTUAL/365(PROP)
INTEREST PAYABLE VALUE 20-Dec-2012 WILL AMOUNT TO:
GBP 19.77 PER GBP 33,673.24 DENOMINATION