Re-Issue from Treasury Stock to Trustees of Staff Stock Schemes

Bank of Ireland announces that on 24 July 2006 it re-issued from Treasury Stock 2,551,883 units of Ordinary Stock of nominal value of €0.64 each (Ordinary Stock) to the Trustees of the Staff Stock Issue Scheme, Republic of Ireland and to the Trustees of the Stock Incentive Plan, UK at €13.78 per unit.

Following the re-issue, Bank of Ireland holds 49,323,290 units of Ordinary Stock as Treasury Stock. The number of units of Ordinary Stock is now 975,792,199 excluding Treasury Stock.

The number of units of euro Preference Stock in issue is 3,026,598 and the number of units of Sterling Preference Stock in issue is 1,876,090.

25 July 2006

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Enquiries

Dan Loughrey
Head of Group Corporate Communications
Tel:00-353-1-604-3833