IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
GBP 2,350,000.00
MATURING: 08-Mar-2012
ISSUE DATE: 14-Mar-2006
ISIN: XS0247680829

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
14-Mar-2006 TO 08-Jun-2006 HAS BEEN FIXED AT 4.573500 PCT

DAY BASIS 86/365

INTEREST PAYABLE VALUE 08-Jun-2006 WILL AMOUNT TO:
GBP 10.78 PER GBP 1,000.00 DENOMINATION.
GBP 538.80 PER GBP 50,000.00 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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