Granite Mortgages 02-1


RE: GRANITE MORTGAGES 02-1 PLC
    USD 1,274,400,000.00
    MATURING: 20/Jul/2019
    ISSUE DATE: 20/Mar/2002
    ISIN: US38741NAB91

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22/Jan/2007 TO 20/Apr/2007 HAS BEEN FIXED AT 5.520000 PCT.

DAY BASIS 88/360

INTEREST PAYABLE VALUE 20/Apr/2007 WILL AMOUNT TO
USD 11.53 PER USD 854.52 DENOMINATION.
USD 115.30 PER USD 8,545.20 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881.
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