IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: Irish Life & Permanent Plc
    USD 8,676,000.00
    MATURING: 30/Jul/2008
    ISSUE DATE: 27/Jan/2003
    ISIN: XS0184621091

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29/Apr/2005 TO 29/Jul/2005 HAS BEEN FIXED AT 3.230000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 29/Jul/2005 WILL AMOUNT TO
USD 8.16 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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