FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	GRANITE MORTGAGES 04-1 PLC
	EUR 91,000,000.00
	MATURING: 21-Mar-2044
	ISIN: XS0184563111
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2012 TO 20-Mar-2013 HAS BEEN FIXED AT 0.864000 PCT
DAY BASIS: ACTUAL/360
INTEREST PAYABLE VALUE 20-Mar-2013 WILL AMOUNT TO:
EUR 1,080.00 PER EUR 500,000.00 DENOMINATION