RNS Number:7731I
Irish Life & Permanent PLC
11 September 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.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer
   IRISH LIFE & PERMANENT PLC

2.This notification relates to:
  (i) a transaction notified in accordance with Market Abuse Rules
      and DR 3.1.4R(1)(a)

    and

  (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 Director
   David Went

4. State whether notification relates to a person connected with the director
   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
   HOLDING IN RESPECT OF PERSON NAMED IN 3 ABOVE

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

   GOODBODY TRUSTEES LIMITED             2,460 SHARES
   AURUM NOMINEES LIMITED 333276 ACCT  251,883 SHARES
   AURUM NOMINEES LIMITED 333309 ACCT   12,716 SHARES

8 State the nature of the transaction
  PURCHASE - EXERCISE OF A SHARE OPTION

9. Number of shares, debentures or financial instruments relating to shares
   acquired
   10,000

10. Percentage of issued class acquired (treasury shares of that class should
    not be taken into account when calculating percentage)
    0.003%

11. Number of shares, debentures or financial instruments relating to shares
    disposed
    NONE

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

13. Price per share or value of transaction
    PURCHASE - 10,000 @ Euro9.675 per share

14. Date and place of transaction
    11th September 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)
    267,059 - BENEFICIAL 0.097%

16. Date issuer informed of transaction
    11 September 2006

If a director 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 - 144,504

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 11/09/2006.



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END
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