SOURCE: Allied Irish Banks, p.l.c.

December 07, 2009 05:44 ET

Allied Irish Banks p.l.c. AIB UK 3LP

DUBLIN, IRELAND--(Marketwire - December 7, 2009) -

           Allied Irish Banks, p.l.c. ("AIB") [NYSE: AIB]

                             AIB UK 3 LP
(a limited partnership organised under the laws of England and Wales)
                    Notice to the holders of the
     £350,000,000 Fixed Rate/Floating Rate Guaranteed Non-voting
Non-cumulative Perpetual Preferred Securities having the benefit of a
                      subordinated guarantee of
                     Allied Irish Banks, p.l.c.
(a company incorporated with limited liability in Ireland) issued by
                             AIB UK 3 LP
          (ISIN: XS0257571066) (the "Preferred Securities")

Announcement of Redemption and Cancellation

NOTICE IS HEREBY GIVEN THAT, following completion of the AIB exchange offer in relation to the Preferred Securities on 25 June 2009 and in accordance with condition 4.2 of the Preferred Securities (as amended by the Supplemental Limited Partnership Agreement dated 9 October 2009), £313,272,000 in aggregate nominal amount of the Preferred Securities has been redeemed on 7 December 2009 by (a) the transfer to AIB Capital Exchange Offering 2009 Limited of £313,272,000 in nominal amount of the £350,000,000 Fixed Rate/Floating Rate Subordinated Notes due 2036 issued by AIB Holdings (N.I.) Ltd.

Registered Office:
AIB  Bankcentre
Belmont Road
Middlesex UB8 1SA
United Kingdom

Alan Kelly                         Catherine Burke
General Manager, Group Finance     Head of Corporate Relations
AIB Group                          AIB Group
Dublin 4                           Dublin 4
Tel: +353-1-641 2162               Tel: +353-1-641 3894

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