FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

Re:	Granite Master Issuer Plc
	GBP 10,000,000.00
	MATURING: 21-Dec-2054
	ISIN: XS0268038964
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Dec-2012 TO 21-Jan-2013 HAS BEEN FIXED AT 1.033750 PCT
DAY BASIS: ACTUAL/365(PROP)
INTEREST PAYABLE VALUE 21-Jan-2013 WILL AMOUNT TO:
GBP 90.54 PER GBP 100,000.00 DENOMINATION