18 MONTH TERM DEPOSIT DELIVERS FIXED RATE RETURN OF 8%

Bank of Ireland has introduced new 18 month term deposit pricing that delivers a fixed rate return of 8% (5.26% EAR). This product is available in branches now for a limited time period.

Product features include:

• 8% Gross Interest Rate return (5.26% EAR)
• Minimum investment €3,000
• No Maximum
• Access up to 20% of your money during the term
• Available through all Bank of Ireland branches

Speaking about the product, Mark Kelly, Marketing Manager for Savings, Bank of Ireland said "The current market rate environment rewards customers that can put money on deposit for longer periods of time. With this offering, our customers can take up a market-leading rate together with a fixed rate bank commitment and also up to 20% access to funds should they require during the term. The €3,000 minimum investment will also appeal to many of our customers."

Bank of Ireland offers competitive rates in the lump sum and regular savings market with a variety of products to suit each customers needs. Bank of Ireland has experienced savings advisors in each of its 280 branches nationwide.

Ends

25th June 2008