IPM Irish Life&P.Gp

RNS Number:6104D
Irish Life & Permanent PLC
25 May 2006

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons

This form is intended for use by an issuer to make a RIS notification required
by:

* the Market Abuse Rules;
* section 53 (as extended by section 64 of the Companies Act 1990) or
  entered into the issuer's register in accordance with section 59 of
  the Companies Act 1990.
* DR 3.1.4R(1)(a)

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer
   IRISH LIFE & PERMANENT PLC

2 State whether the notification relates to:

(i) a transaction notified in accordance with Market Abuse Rules and
    DR 3.1.4R(1)(a)

(ii) a disclosure made in accordance with section 53 (as extended by section 64
     of the Companies Act 1990) or entered into the issuer's register in
     accordance with section 59 of the Companies Act 1990;

     or (iii) both (i) and (ii)

(II) A DISCLOSURE MADE IN ACCORDANCE WITH SECTION 53 (AS EXTENDED BY SECTION 64
OF THE COMPANIES ACT 1990) OR ENTERED INTO THE ISSUER'S REGISTER IN ACCORDANCE
WITH SECTION 59 OF THE COMPANIES ACT 1990;

3. Name of Secretary
   CIARAN LONG

4. State whether notification relates to a person connected with the Secretary
   named in 3 and identify the connected person
   NO

5. Indicate whether the notification is in respect of a holding of the person
   referred to in 3 or 4 above or in respect of a non-beneficial interest
   NON BENEFICIAL INTEREST
   VOTING RIGHTS AS AN ALTERNATE DIRECTOR OF THE ESOT TRUSTEE

6. Description of shares (including class), debentures or derivatives or
   financial instruments relating to shares
   ORDINARY Euro0.32 SHARES

7. Name of registered shareholders(s) and, if more than one, the number of
   shares held by each of them

   PERSON NAMED IN 3 ABOVE       12,542 SHARES
   GOODBODY TRUSTEES LIMITED      2,459 SHARES
   TSB ESOP TRUSTEES LTD      3,096,828 SHARES (NON-BENEFICIAL INTEREST)

8 State the nature of the transaction

* Disposal - Transfer of shares to the executors of two deceased ESOP
             particpants
 
9. Number of shares, debentures or financial instruments relating to shares
   acquired
   N/A

10. Percentage of issued class acquired (treasury shares of that class should
    not be taken into account when calculating percentage)
    0.00%

11. Number of shares, debentures or financial instruments relating to shares
    disposed/transferred
    10,029

12. Percentage of issued class disposed (treasury shares of that class should
    not be taken into account when calculating percentage)
    0.004

13. Price per share or value of transaction
    N/A

14. Date and place of transaction
    24 May 2006 - Irish Life Centre, Lower Abbey Street, Dublin 1

15. Total holding following notification and total percentage holding following
    notification (any treasury shares should not be taken into account when
    calculating percentage)

       15,001 BENEFICIAL     0.005%
    3,096,828 NON-BENEFICIAL 1.378%

16. Date issuer informed of transaction
    24 MAY 2006

If a Secretary has been granted options by the issuer complete the following
boxes - No

17  Date of grant
18. Period during which or date on which it can be exercised
19. Total amount paid (if any) for grant of the option
20. Description of shares or debentures involved (class and number)
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

22. Total number of shares or debentures over which options held following
notification - 62,792

23. Any additional information
    NONE

24. Name of contact and telephone number for queries
    CONOR RYAN - 00353-1-8563828

Name and signature of duly authorised officer of issuer responsible for making
notification

Ciaran Long - Group Secretary

Date of notification 25 MAY 2006





                      This information is provided by RNS
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