IRISH LIFE & PERMANENT PLC




RE: Irish Life & Permanent Plc
    GBP 2,750,000.00
    MATURING: 14-Feb-2013
    ISSUE DATE: 20-Feb-2007
    ISIN: XS0288209330

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Feb-2007 TO 24-May-2007 HAS BEEN FIXED AT 5.557940 PCT

DAY BASIS 93/365

INTEREST PAYABLE VALUE 24-May-2007 WILL AMOUNT TO:
GBP 14.16 PER GBP 1,000.00 DENOMINATION

GBP 708.07 PER GBP 50,000.00 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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