IRISH LIFE & PERMANENT PLC


Re:  Irish Life & Permanent Plc
     GBP 5000000
     MATURING: 19-May-2014
     ISIN: XS0363857581

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
18-Aug-2008 TO 17-Aug-2009 HAS BEEN FIXED AT 6.162500 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 17-Aug-2009 WILL AMOUNT TO:
GBP 3072.81 PER GBP 50000 DENOMINATION
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