IRISH LIFE & PERMANENT PLC


Re:  Irish Life & Permanent Plc
     GBP 5,000,000.00
     MATURING: 19-May-2014
     ISIN: XS0363857581

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
18-Aug-2008 TO 17-Nov-2008 HAS BEEN FIXED AT 6.16 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 17-Nov-2008 WILL AMOUNT TO:
GBP 768.20 PER GBP 50,000.00 DENOMINATION



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