Irish Life & Permanent



Re:  Irish Life + Permanent Plc
     GBP 2350000
     MATURING: 08-Mar-2012
     ISIN: XS0247680829

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
08-Sep-2008 TO 08-Dec-2008 HAS BEEN FIXED AT 5.727000 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 08-Dec-2008 WILL AMOUNT TO:
GBP 14.28 PER GBP 1000 DENOMINATION
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