Irish Life & Permanent PLC

RE: IRISH LIFE AND PERMANENT PLC
    GBP 50,000,000.00
    MATURING: 18-Jun-2004
    ISSUE DATE: 18-Apr-2001
    ISIN: XS0128078564

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
19-Jan-2004 TO 19-Apr-2004 HAS BEEN FIXED AT 4.085160 PCT.

INTEREST PAYABLE VALUE 19-Apr-2004 WILL AMOUNT TO
GBP 101.85 PER GBP 10,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.
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