Bank of Ireland


RE: BANK OF IRELAND
    GBP 11,250,000.00
    MATURING: 17/Apr/2007
    ISSUE DATE: 23/Apr/2002
    ISIN: XS0146840698

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17/Oct/2006 TO 17/Jan/2007 HAS BEEN FIXED AT 5.220000 PCT.

DAY BASIS 92/365

INTEREST PAYABLE VALUE 17/Jan/2007 WILL AMOUNT TO
GBP 131.57 PER GBP 10,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881.
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