Anglo Irish Capital Funding L.P.

28 Sep 2003

Anglo Irish Bank has completed a Euro 600 million perpetual bond issue, which is recognised in the market as the largest ever retail targeted issue from an Irish institution.

The bonds were issued by a UK registered limited partnership to which Law Debenture has been appointed administrator. The bonds, which can be bought back by the bank after a five and a half year period, are rated Baa1 by Moody's Investor Services, and Single A minus by Fitch Ratings.

Corporate Trust

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