Re:                                                                                           Irish Life & Permanent
Plc
                                                                                               GBP 2750000
                                                                                               MATURING: 14-Feb-2013
                                                                                               ISIN: XS0288209330
                                                                                                                         
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 24-Nov-2008 TO 24-Feb-2009 HAS BEEN FIXED AT 3.997500 PCT
  
 DAY BASIS: ACTUAL/365(FIX)
  
 INTEREST PAYABLE VALUE 24-Feb-2009 WILL AMOUNT TO:
 GBP 10.08 PER GBP 1000 DENOMINATION
    
    


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