6-K 1 efc3-1161_fm6k.txt FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Registrants Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the period 1 April 2003 to 30 June 2003 GRANITE MORTGAGES 02-2 PLC (Translation of registrant's name into English) Fifth Floor, 100 Wood Street, London EC2V 7EX, England (Address of principal executive offices) GRANITE FINANCE TRUSTEES LIMITED (Translation of registrant's name into English) 22 Grenville Street, St Helier, Jersey JE4 8PX, Channel Islands (Address of principal executive offices) GRANITE FINANCE FUNDING LIMITED (Translation of registrant's name into English) 4 Royal Mint Court , London EC3N 4HJ, England (Address of principal executive offices) Indicate by check mark whether the registrants file or will file annual reports under cover Form 20-F or Form 40-F Form 20-F.....X....Form 40-F............. Indicate by check mark whether the registrants by furnishing the information contained in this Form are also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes............No.......X........... SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized. GRANITE MORTGAGES 02-2 PLC By: /s/ Clive Rakestrow -------------------- Name: L.D.C. Securitisation Director No. 1 Limited by its authorized person Clive Rakestrow for and on its behalf Title: Director Date: 24 July 2003 GRANITE FINANCE FUNDING LIMITED By: /s/ Nigel Charles Bradley --------------------------- Name: Nigel Charles Bradley Title: Director Date: 24 July 2003 GRANITE FINANCE TRUSTEES LIMITED By: /s/ Richard Gough ------------------ Name: Richard Gough Title: Director Date: 24 July 2003 INVESTORS' QUARTERLY REPORT GRANITE MORTGAGES 02-2 PLC Quarterly Report re: Granite Mortgages 02-2 Plc, Granite Finance Trustees Limited and Granite Finance Funding Limited Period 1 April 2003 - 30 June 2003 N.B. this data fact sheet and its notes can only be a summary of certain features of the bonds and their structure. No representation can be made that the information herein is accurate or complete and no liability is accepted therefor. Reference should be made to the issue documentation for a full description of the bonds and their structure. This data fact sheet and its notes are for information purposes only and are not intended as an offer or invitation with respect to the purchase or sale of any security. Reliance should not be placed on the information herein when making any decision whether to buy, hold or sell bonds (or other securities) or for any other purpose. Mortgage Loans Number of Mortgage Loans in Pool 174,121 Current Balance (pound)12,065,260,413 Last Months Closing Trust Assets (pound)12,709,533,564 Funding share (pound)11,702,472,622 Funding Share Percentage 96.99% Seller Share (pound)362,787,791 Seller Share Percentage 3.01% Minimum Seller Share (Amount) (pound)296,493,730 Minimum Seller Share (% of Total) 2.46% Arrears Analysis of Non Repossessed Mortgage Loans

Properties in Possession Number Principal ((pound)) Arrears ((pound)) Total (since inception) 31 1,547,332 70,228 Properties in Possession 9 Number Brought Forward 9 Repossessed (Current Month) 0 Sold (since inception) 22 Sold (current month) 2 Sale Price / Last Loan Valuation 1.07 Average Time from Possession to Sale (days) 115 Average Arrears at Sale (pound)2,157 Average Principal Loss (Since inception)* (pound)539 Average Principal Loss (current month)** (pound)0 MIG Claims Submitted 3 MIG Claims Outstanding 0 Average Time from Claim to Payment 64 *This figure is calculated taking the cumulative principal losses since inception pre MIG claims divided by the number of properties sold since inception. **This figure is calculated taking the cumulative principal losses for the current month pre MIG claims divided by the number of properties sold in the current month. Note: The arrears analysis and repossession information is at close of business for the report month Substitution

GRANITE MORTGAGES 02-2 PLC 6-K