IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
USD 17,649,000.00
MATURING: 06-Sep-2005
ISSUE DATE: 04-Sep-2001
ISIN: XS0135158243
                       
PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
07-Mar-2005 TO 06-Jun-2005 HAS BEEN FIXED AT 2.990000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 06-Jun-2005 WILL AMOUNT TO:
USD 7.56 PER USD 1,000.00 DENOMINATION

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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