IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: Irish Life + Permanent Plc
    EUR 50,000,000.00
    MATURING: 03/Sep/2007
    ISSUE DATE:03/Sep/2004
    ISIN: XS0200159340

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
03/Mar/2006 TO 05/Jun/2006 HAS BEEN FIXED AT 2.696000 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 05/Jun/2006 WILL AMOUNT TO:
EUR 7.04 PER EUR 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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