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
27-May-2008 TO 26-Aug-2008 HAS BEEN FIXED AT 5.868130 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 26-Aug-2008 WILL AMOUNT TO:
GBP 14.63 PER GBP 1,000.00 DENOMINATION



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