Bank of Ireland Asset Management (BIAM) announces two senior appointments to its investment team

Monday, September 4, 2006

Jamie Woodhas been appointedSenior Equity Managerreporting to Paul Boyne, Managing Director - Global Equities. With over 15 years' experience in investment and finance, Jamie will play a lead role in the management of BIAM's $6 billion Global Equity Product.

He joins BIAM from Newman Ragazzi Partners in London, where he is a Portfolio Manager responsible for generating investment ideas for the firm's $500m flagship hedge fund. He previously worked with Paul Boyne at Morgan Stanley Investment Management in the UK, where he was Executive Director, Portfolio Manager on a global core product, and Head of Global Media Research and European Technology Research. He also worked for JP Morgan Chase & Co on the sell-side, covering several highly ranked sectors culminating in the position of Head of European Communications Technology Research. He is a Chartered Accountant and holds an MA in Modern Literature from University of London.

Barry Glavinhas been appointedSenior Research Analystand will report to Chris Johns, Managing Director* - Global Research. Barry has more than 9 years' investment experience and will play a key role within our recently established Global Research team.

Barry joined the HSBC Group in 2000 and is currently a Senior Investment Analyst and Global Head of Industrials Research with HSBC Halbis Partners in London. He moved to London in 2002 from HSBC Asset Management in Paris where he had been a Portfolio Manager, managing balanced mandates. Prior to this, he spent a number of years as a derivatives broker with Cargill Investor Services in Paris. Barry holds a BA in Politics & Philosophy from University College Dublin and is a CFA Charterholder. He is a member of both the UK Society of Investment Professionals & the CFA Institute.

Commenting on today's appointments, Mick Sweeney, Chief Executive, BIAM, said: "The appointments we are announcing today further strengthen the research driven approach and investment capability in our business on the back of the new investment business structure we announced in July. Barry and Jamie's depth of experience and expertise in their specialist fields will make a significant contribution to our continued growth and to delivering consistent value to clients."

* Subject to regulatory approval

For information contact:

Bernadette Godley Head of Marketing/Communications, BIAM - 00 353 1 637 8263

Editor's Notes

Bank of Ireland Asset Management (BIAM)is a leading global investment management firm and is part of the Bank of Ireland Group. Founded in 1783, Bank of Ireland is one of the major clearing banks in the Republic of Ireland and is quoted on the Dublin, London and New York Stock Exchanges.

Bank of Ireland Asset Management was founded in 1966, and today manages circa €42 billion (as of June 2006) in global securities on behalf of investors worldwide. BIAM's investment approach is both conservative and disciplined. Over the last 40 years, the firm has built a track record based on delivering meaningful investment solutions to clients. Today, BIAM employs over 250 people and operates from 9 locations, based in Europe, North America and Asia-Pacific.

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