Irish Life & Permanent PLC



Re:  Irish Life & Permanent Plc
     EUR 25,000,000.00
     MATURING: 09-May-2011
     ISIN: XS0362347097

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11-Aug-2008 TO 10-Nov-2008 HAS BEEN FIXED AT 5.97 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 10-Nov-2008 WILL AMOUNT TO:
EUR 754.29 PER EUR 50,000.00 DENOMINATION
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