IPM Irish Life&P.Gp

RNS Number:4222V
Irish Life & Permanent PLC
24 April 2007



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 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

(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 a director of TSB ESOP Trustees Ltd


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           13,450   Beneficial Holding
                          
Goodbody Trustees Limited          2,176   Beneficial Holding
                          
TSB ESOP Trustees Limited      2,530,172   Non- Beneficial - voting rights as a
                                           director of TSB ESOP Trustees Ltd

Ciaran Long, David McCarthy      207,914   Non- Beneficial - voting rights as 
& Peter Fitzpatrick                        Trustee of the IL&P plc Employee 
                                           Benefit Trust



8 State the nature of the transaction
  
   Disposal - Transfer of shares to TSB Approved Profit Sharing Scheme



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

   None


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

    N/A


11. Number of shares, debentures or financial instruments relating to shares
    disposed

   622,656


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

    0.2%


13. Price per share or value of transaction

    Euro20.80 PER SHARE


14. Date and place of transaction

   23RD April 2007, 56-59 St Stephen's Green, Dublin 2


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


       15,626 BENEFICIAL 0.005%
    2,738,086 NON-BENEFICIAL 1.0%


16. Date issuer informed of transaction
    24 April 2007


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:

    Share Options 62,792
    Conditional Share Award 4,415


23. Any additional information

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 24th April 2007.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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