TIDM56CB 
 
 
Re:  GRANITE MORTGAGES 03-2 PLC 
     EUR 300000000 
     MATURING: 20-Jul-2043 
     ISIN: XS0168665718 
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
20-Apr-2011 TO 20-Jul-2011 HAS BEEN FIXED AT 1.838000 PCT 
DAY BASIS: ACTUAL/360 
INTEREST PAYABLE VALUE 20-Jul-2011 WILL AMOUNT TO: 
EUR 1.39 PER EUR 300.25 DENOMINATION
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