Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    GBP 4,940,000.00
    MATURING: 21-Apr-2010
    ISSUE DATE: 27-Jan-2004
    ISIN:XS0191437598

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
27-Apr-2004 TO 21-Jly-2004 HAS BEEN FIXED AT 4.545000 PCT.

INTEREST PAYABLE VALUE 21-Jly-2004 WILL AMOUNT TO 
GBP 105.84 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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