TIDMIPM TIDM74SV

RNS Number : 8745D

Irish Life & Permanent Grp HldgsPLC

30 March 2011

RNS Announcement

Irish Life & Permanent Group Holdings plc ("IL&PGH")

March 30(th) 2011

Temporary suspension of shares

The Board of IL&PGH ("the Board") notes the recent media comment providing details of the expected capital requirement arising for the Group as a result of the current Prudential Capital Assessment Review ("PCAR") and Prudential Liquidity Assessment Review ("PLAR") exercises being under taken by the Central Bank.

The PCAR and PLAR exercises are not yet completed and the quantum of capital that may be required by the Group, and the source of that capital, is not yet finalised. In the light of the significant movements in the share price yesterday the Board has requested the temporary suspension, until Friday April 1(st) , of the company's shares on the Irish and London Stock Exchanges pending the outcome of those exercises.

The Central Bank expects to announce the results for all the banks involved on Thursday evening March 31(st) and a full statement will be issued by the Group on foot of that announcement.

Contact details:

Investor Relations

Barry Walsh, Head of Investor Relations

Tel: +353 1 704 2678

Orla Brannigan, Investor Relations

Tel: +353 1 704 1345

Media

Ray Gordon, Gordon MRM

Tel: +353 1 665 0450

This information is provided by RNS

The company news service from the London Stock Exchange

END

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