FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	GRANITE MORTGAGES 04-1 PLC
	GBP 23,000,000.00
	MATURING: 21-Mar-2044
	ISIN: XS0184566130
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2012 TO 20-Mar-2013 HAS BEEN FIXED AT 1.197500 PCT
DAY BASIS: ACTUAL/365(GBP)
INTEREST PAYABLE VALUE 20-Mar-2013 WILL AMOUNT TO:
GBP 2.95 PER GBP 1,000.00 DENOMINATION