FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	Granite Master Issuer Plc
	USD 100,000,000.00
	MATURING: 20-Dec-2054
	ISIN: US38741YCK38
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2012 TO 22-Jan-2013 HAS BEEN FIXED AT 0.770700 PCT
DAY BASIS: ACTUAL/360
INTEREST PAYABLE VALUE 22-Jan-2013 WILL AMOUNT TO:
USD 70.65 PER USD 100,000.00 DENOMINATION