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Bank of Ireland Announces Deposit and Loan Interest Rate Increases

    Bank of Ireland announces the following interest rate increases on deposits and loans, which come into effect on Thursday, 14th June 2007.

    LOANS

    HomeloansOld RateChange in RateNew RateAPRRepayment per €100,000 per month over 20 years
    Standard variable rate5.09%0.25%/td>5.34%5.4%€677.56
    Investment variable rate5.59%0.25%5.84%6.0%€705.62
    Personal LoansOld RateChange in RateNew RateAPR
    Overdraft12.75%0.25%13.00%15.1% with o/d fee
    Loan & Term Loan11.65%0.25%11.90%12.4%

    Other Personal Lending rates will increase by 0.25%

    Business LoansOld RateChange in RateNew Rate
    Overdraft10.05%0.25%10.30%
    Term Loan & Loan Accounts9.00%0.25%9.25%
    Small Business Loan
    Introduced Dec 2004    		Old RateChange in RateNew Rate
    Amounts from €65,000 to €200,0006.40%0.25%6.65%
    Amounts from €25,000 to €64,9997.40%0.25%7.65%
    Amounts up to €24,9998.40%0.25%8.65%

    DEPOSITS

    Interest rates for deposit accounts are being increased:

    Reserve Deposit/
    Business Surplus    		Old RateChange in RateNew Rate
    Up to €24,9991.60%0.25%1.85%
    €25,000 to €99,9991.90%0.25%2.15%
    €100,000 to €499,9992.00%0.25%2.25%
    Over €500,0002.25%0.25%2.50%
    Demand DepositOld RateChange in RateNew Rate
    €0-€99,9990.80%0.10%0.90%
    €100,000 +1.15%0.15%1.30%

    Credit Card APRs will increase by 0.25% on most products on 29th June 2007.

    Ends
    13th June 2007

    For further information contact:

    Bank of Ireland
    Sharon McDonnell/ Deirdre Kingston
    Group Corporate Communications
    Ph:604 3750 / 01 604 3788

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