Announcement from Bank of Ireland Asset Management

03-Jul-07

Bank of Ireland Asset Management today (3 July 2007) announced that Paul Boyne and Jamie Wood, who managed the team responsible for BIAM"s Global Equity Product, will leave BIAM at the end of July.

Working closely with the existing team, Chris Johns, Global Head of Equities & Research will take over as Product Head on an interim basis.

Commenting on today"s development, Mick Sweeney, Chief Executive, BIAM said: €œWe have made great strides in terms of strengthening our investment team €“ it"s now almost double the size it was over two years ago. As part of our long-term strategy €“ which is based on delivering high-performing investment solutions to clients - we will continue to proactively add further talent to the investment team. We wish Paul and Jamie well in their future endeavours."

Ends

Contact:

Dan Loughrey
Head of Group Corporate Communications
Bank of Ireland
Tel: 01 604 3833/ 086 2412470

Bernadette Godley
Head of Marketing/Communications
Bank of Ireland Asset Management
Tel: 01 637 8000

Bank of Ireland is regulated by the Financial Regulator. In the UK, Bank of Ireland is authorised by the Irish Financial Regulator and authorised and subject to limited regulation by the Financial Services Authority. Details about the extent of our authorisation and regulation by the Financial Services Authority are available from us on request.
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