54HN Irish Life Ass.

TIDM54HN

RNS Number : 6688T

Irish Life Assurance plc

09 January 2017

Irish Life Assurance plc

09 January 2017

NOTICE OF REDEMPTION

To the holders of

IRISH LIFE ASSURANCE PLC's (the "Issuer")

EUR200,000,000 Step-up Perpetual Capital Notes

ISIN: XS0285885009 (the "Notes")

The Issuer wishes to announce that, pursuant to Condition 5(d) of the Notes, it has elected to redeem all of the Notes (the "Early Redemption") at their principal amount on 8 February 2017 (the "Optional Redemption Date") together with interest accrued to such Optional Redemption Date.

In accordance with Condition 5(a) of the Notes, (i) the Issuer has obtained the consent of the Central Bank of Ireland to the Early Redemption, and (ii) expects that the Solvency Condition will be met.

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Conditions of the Notes.

Irish Life Assurance plc

Company Secretary

Facsimile: + 353 1 704 1908

This information is provided by RNS

The company news service from the London Stock Exchange

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January 09, 2017 06:34 ET (11:34 GMT)

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