Irish Life & Permanent PLC

RE: IRISH LIFE AND PERMANENT PLC
    EUR 150,000,000.00
    MATURING: 07-Jly-2013
    ISSUE DATE: 07-Jly-2003
    ISIN: XS0171567216

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
07-Jan-2004 to 07-Apr-2004 HAS BEEN FIXED AT 2.814000 PCT.

INTEREST PAYABLE VALUE 07-Apr-2004 WILL AMOUNT TO
EUR 711.32 PER EUR 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.