FRN Variable Rate Fix

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IRISH LIFE & PERMANENT PLC


Re:  Irish Life & Permanent Plc
     GBP 2,750,000.00
     MATURING: 14-Feb-2013
     ISIN: XS0288209330

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
26-Nov-2007 TO 25-Feb-2008 HAS BEEN FIXED AT 6.563750 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 25-Feb-2008 WILL AMOUNT TO:
GBP 16.36 PER GBP 1,000.00 DENOMINATION

Euro.bk. 46 (LSE:41WR)
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