Holding(s) in Company

RNS Number:4434G
Irish Life & Permanent PLC
21 January 2003

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of Company

Irish Life & Permanent plc

2. Name of shareholder having a substantial interest.

Bank of Ireland Asset Management Ltd

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2
above or in respect of a non-beneficial interest or in the case of an individual holder it is a holding of
that person's spouse or children under the age of 18.

Not Stated

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

Bank of Ireland Nominees Limited (on behalf of Bank of Ireland Asset Mangement) 13,725,536
Citibank Nominees Ltd (on behalf of Bank of Ireland Asset Mangement) 178,318
Nortrust Nominees (on behalf of Bank of Ireland Asset Mangement) 98,865

5. Number of shares/amount of stock acquired. Not Stated

6. Percentage of issued class. 0.0%

7. Number of shares/amount of stock disposed. N/A

8. Percentage of issued class. N/A

9. Class of security. Ordinary Euro0.32 shares

10. Date of transaction. 20 January 2003

11. Date Company informed. 21 January 2003

12. Total holding following this notification. 14,002,719

13. Total Percentage holding of issued class following this 5.2%
notification.

14. Any additional information. None

15. Name of contact and telephone number for queries. Conor Ryan 353 (0)1 8563828

16. Name of authorised company official responsible for making this Sean A Ryan - Group Secretary
notification.