IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    USD 13,584,000.00
    MATURING: 16-Dec-2004
    ISSUE DATE: 14-Dec-2001
    ISIN: XS0140361055

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
14-Jun-2004 TO 14-Sep-2004 HAS BEEN FIXED AT 1.468750 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 14-Sep-2004 WILL AMOUNT TO:
USD 3.75 PER USD 1,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881

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