Credit ratings

Irish Life & Permanent*
Irish Life & Permanent plc is rated by Moody’s and Standard & Poor’s. The table below details the current credit ratings.

Moody’sStandard & Poor’s
Senior debt
Short-term covered by Irish Govt. Guarantee Scheme Not prime A-2
Long-term covered by Irish Govt. Guarantee Scheme Ba1 BBB+
Short-term issued outside Irish Govt. Guarantee Scheme Not prime B
Long-term issued outside Irish Govt. Guarantee Scheme Ba2 BB-
Outlook
Under Irish Govt. Guarantee Scheme Negative outlook Negative outlook
Outside Irish Govt. Guarantee Scheme Negative outlook Negative watch

Irish Life Assurance
Irish Life Assurance plc is separately rated by Fitch and Standard & Poor’s. The credit ratings are listed below.

FitchStandard & Poor’s
Financial strength BBB+ BBB-
Outlook Negative outlook Watch developing

Full details of Irish Life & Permanent's credit ratings can be obtained directly from the rating agencies:

Moody's www.moodys.com
Standard and Poor's www.standardandpoors.com
Fitch www.fitchratings.com

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Irish Life & Permanent Group Holdings plc - Incorporated and registered in Ireland. Registered office: Irish Life Centre, Lower Abbey Street, Dublin 1. Registered No: 474438.

Irish Life & Permanent Group Holdings plc is a mixed financial holding company supervised by the Central Bank of Ireland under the Financial Conglomerates Directive, and is the holding company for regulated entities in the IL&PGH plc group.