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Issue of Debt

09-Dec-05

    Bank of Ireland has mandated Davy, RBS and UBS Investment Bank to lead manage a benchmark fixed/floating rate Sterling Lower Tier Two issue. The deal will be launched in the near future, subject to market conditions.

    Stabilisation in accordance with article 9(2) of Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC).

    Enquiries:

    Brian Kealy,
    Head of Capital Management
    Tel:003531 - 6043526

    Geraldine Deighan,
    Head of Investor Relations
    Tel:003531 -6043501

    Dan Loughrey,
    Head of Group Corporate Communications
    Tel:003531 - 6043833

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