RNS Number:2731I
Irish Life & Permanent PLC
04 March 2003


SCHEDULE 11                                      London          STOCK EXCHANGE

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

Disclosure of interest in shares or debentures and notification of dealings under the Stock Exchange Requirements.

  1.  Name of Company                                Irish Life & Permanent plc

  2.  Name of Director                               Philip Lynch

  3.   Please state whether notification indicates that it is in respect of holding of the Director named in 2
       above or a  holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial    
       interest
       Philip Lynch (named in 2 above)

  4.   Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them.
       (if notified)
       Aurum Nominees Ltd A/C 333448                  10,000

  5.   Please state whether notification relates to a person(s) connected with the Director named in 2 above and
       identify the connected person(s)
            No

  6.   Please state the nature of the transaction and the nature and extent of the Director's interest in the
       transaction


            Shares held by the Director named in 2 above on his appointment - Beneficial
  
  7.  Number of shares/amount of stock                     10000
  
  8.  Percentage of issued class                           0.004

  9.  Number of shares/amount of stock disposed

  10. Percentage of issued class.

  11. Class of security                                    Ordinary Euro 0.32 shares

  12. Price per share                                      N/A

  13. Date of transaction.                                 04/03/2003

  14. Date Company informed.                               04/03/2003

  15. Total holding following this notification            Beneficial                  10,000
  
  16. Total Percentage holding of issued class following   0.004
      this notification

  If a director has been granted options by the Company please complete the following boxes

  17. Date of grant

  18. Period during which or date on which exercisable

  19  Total amount paid (if any) for the option            Nil

  20. Description of shares or debentures involved: class, Number

  21. Exercise price (if fixed at time of grant) or indication
      that price is to be fixed at time of exercise

  22. Total number of shares or debentures over which options
      held following this notification
  
  23. Any additional information.

  24. Name of contact and telephone number for queries.    Conor Ryan 01-8563828

  25. Name of authorised company official responsible for  Sean A Ryan, Group Secretary
      making this notification.
          Date of  04 March 2003


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            The company news service from the London Stock Exchange
END

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