LONDON--(BUSINESS WIRE)--
| Re: | GRANITE MORTGAGES 04-03 PLC |
| EUR 800,150,000.00 | |
| MATURING: 20-Sep-2044 | |
| ISIN: XS0201483228 | |
| PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 22-Dec-2014 TO 20-Mar-2015 | |
| HAS BEEN FIXED AT 0.36 PCT | |
| DAY BASIS: ACTUAL/360 | |
| INTEREST PAYABLE VALUE 20-Mar-2015 WILL AMOUNT TO: | |
| EUR 1.99 PER EUR 2,272.92 DENOMINATION | |
Category Code: RC
Sequence Number: 445819
Time of Receipt (offset from UTC): 20141222T142946+0000