IPM Irish Life&P.Gp

    Irish Life & Permanent PLC

RE: IRISH LIFE & PERMANENT PLC
    GBP 4,110,000.00
    MATURING: 23-Jun-2010
    ISSUE DATE: 29-Jun-2004
    ISIN: XS0195627434

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
23-Dec-2004 TO 23-Mar-2005 HAS BEEN FIXED AT 5.021250 PCT.

DAY BASIS 90/365

INTEREST PAYABLE VALUE 22-Mar-2005 WILL AMOUNT TO
GBP 123.81 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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