IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    EUR 750,000,000.00
    MATURING: 14/Feb/2011
    ISSUE DATE: 14/Feb/2006
    ISIN: XS0243302220

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
14/Feb/2006 TO 15/May/2006 HAS BEEN FIXED AT 2.692000 PCT

DAY BASIS 90/360

INTEREST PAYABLE VALUE 15/May/2006 WILL AMOUNT TO
EUR 336.50 PER EUR 50,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.

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