IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    GBP 50,000,000.00
    MATURING: 31-Jan-2005
    ISSUE DATE: 12-Jan-2004
    ISIN: XS0183637395

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
31-Aug-2004 TO 30-Sep-2004 HAS BEEN FIXED AT 4.863750 PCT

DAY BASIS 30/365

INTEREST PAYABLE VALUE 30-Sep-2004 WILL AMOUNT TO:
GBP 399.76 PER GBP 100,000.00 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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