IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    GBP 4,940,000.00
    MATURING: 27/Apr/2010
    ISSUE DATE: 27/Apr/2004
    ISIN: XS0191437598

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21/Jul/2005 TO 21/Oct/2005 HAS BEEN FIXED AT 4.776250 PCT

DAY BASIS 92/365

INTEREST PAYABLE VALUE 21/Oct/2005 WILL AMOUNT TO:
GBP 120.39 PER GBP 10,000.00 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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