RNS Number : 3661G
  Irish Life & Permanent PLC
  21 October 2008
   


    Standard Form TR-1
    Voting Rights Attached to Shares - Article 12(1) of Directive 2004/109/EC
    Financial Instruments - Article 11(3) of the Commission Directive 2007/14/EC
    
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
    
Irish Life & Permanent plc
    
 
    2. Reason for the notification 
    (please place an X inside the appropriate bracket/s):

       X      An acquisition or disposal of voting rights:   

    An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached: 

           An event changing the breakdown of voting rights

           Other (please specify) : Compliance with Transparency Directive


    3. Full name of person(s) subject to notification obligation:
    
Fundamental Investors, Inc.
    
 
    4. Full name of shareholder(s) (if different from 3) : N/A
    


5. Date of transaction (and date on which the threshold is crossed or reached if different):
      
    17th October 2008

    6. Date on which issuer notified:
    
20 October 2008
    
 
    7. Threshold(s) that is/are crossed or reached:
    
   3%
      
    8. Notified Details:

    A: Voting rights attached to shares

 Class/type of shares if                 Situation previous to the triggering transaction
 possible use ISIN CODE
                                 Number of shares          Number of voting rights 
   
                                 7,640,000                 7,640,000



                                        Resulting situation after the triggering transaction
 Class/type of shares if         Number of shares   Number of voting rights  % of voting rights
 possible use ISIN CODE
 IE0004678656                    Direct             Direct    Indirect       Direct         Indirect

                                 8,526,500          8,526,                   3.1761%
                                                    500
 Subtotal A                      8,526,500                 8,526,500                 3.1761%

    B: Financial Instruments
    Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date   Exercise/conversion   No. of voting rights  % of voting rights
                                                 period/date           that may be acquired
                                                                       (if the instrument
                                                                       exercised/
                                                                       converted)


 Total (A&B) [where applicable in  Number of voting rights  % of voting rights
 accordance with national law]
 8,526,500                         8,526,500                3.1761%





    9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
:

    n/a
    
 
    10. In Case of Proxy Voting: [Name of the proxy holder] will cease to hold [number] voting rights as of [date]:
    
n/a


    11. Additional information:
    
Done at Los Angeles, California on 20 October 2008





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