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

October 13, 2009 07:51 ET

AIB CAPITAL EXCHANGE OFFERING 2009 AMENDMENT TO PPS

DUBLIN, IRELAND--(Marketwire - October 13, 2009) -


FOR IMMEDIATE RELEASE 13th October 2009


("AIB") (NYSE: AIB)
               AIB UK 2 LP (the "Limited Partnership")
(a limited partnership organised under the laws of England and Wales)
                    Notice to the holders of the
     EUR 500,000,000 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)
                   (ISIN: XS0257734037) (the "PPS")

Announcement of Amendment to PPS

The terms of the PPS have been amended by way of a supplemental limited partnership agreement dated 9 October 2009 (the "Supplemental Limited Partnership Agreement") to, inter alia, permit the redemption of the PPS held by AIB Capital Exchange Offering 2009 Limited ("AIB Capital") subject to the transfer of an aggregate nominal amount of the subordinated notes, issued by AIB Holdings (N.I.) Ltd. (as held by the Limited Partnership) equivalent to the number of PPS being so redeemed, to AIB Capital.

The Supplemental Limited Partnership Agreement is available for inspection at the specified offices of the Paying and Transfer Agents for so long as any of the PPS remain outstanding.

AIB UK 2 LP
Registered Office:
AIB Bankcentre
Belmont Road
Uxbridge
Middlesex UB8 1SA

Dated: 13 October 2009

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

Contact Information

  • Alan Kelly
    General Manager, Group Finance
    AIB Group
    Dublin 4
    Tel: +353-1-6600311 ext. 12162

    Catherine Burke
    Head of Corporate Relations
    AIB Group
    Dublin 4
    Tel: +353-1-6600311 ext. 13894