Irish Life & Permanent


RE: IRISH LIFE AND PERMANENT PLC
    GBP 2,350,000.00
    MATURING: 08-Mar-2012
    ISSUE DATE: 14-Mar-2006
    ISIN: XS0247680829

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
08-Mar-2007 TO 08-Jun-2007 HAS BEEN FIXED AT 5.520000 PCT

DAY BASIS 92/365

INTEREST PAYABLE VALUE 08-Jun-2007 WILL AMOUNT TO:
GBP 13.91 PER GBP 1,000.00 DENOMINATION
GBP 695.67 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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