IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE AND PERMANENT PLC
    GBP 4,940,000.00
    MATURING: 21-Apr-2010
    ISSUE DATE: 17-Apr-2004
    ISIN: XS0191437598

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
23-Jan-2006 TO 21-Apr-2006 HAS BEEN FIXED AT 4.729380 PCT

DAY BASIS 88/365

INTEREST PAYABLE VALUE 21-Apr-2006 WILL AMOUNT TO:
GBP 114.02 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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