LONDON--()--
| Re: | Granite Master Issuer Plc |
| GBP 300,000,000.00 | |
| MATURING: 20-Dec-2054 | |
| ISIN: XS0276823167 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD | |
| 20-Dec-2012 TO 21-Jan-2013 HAS BEEN FIXED AT 0.713750 PCT | |
| DAY BASIS: ACTUAL/365(PROP) | |
| INTEREST PAYABLE VALUE 21-Jan-2013 WILL AMOUNT TO: | |
| GBP 20.66 PER GBP 33,043.19 DENOMINATION | |

