IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE + PERMANENT PLC
    GBP 4,110,000.00
    MATURING: 23/Jun/2010
    ISSUE DATE: 29/Jun/2004
    ISIN: XS0195627434

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
23/Mar/2006 TO 23/Jun/2006 HAS BEEN FIXED AT 4.730310 PCT.

DAY BASIS 92/365

INTEREST PAYABLE VALUE 23/Jun/2006 WILL AMOUNT TO
GBP 119.23 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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