Allied Irish Banks, p.l.c.
NYSE : AIB

July 25, 2011 08:38 ET

Allied Irish Banks further announces the results of its meetings with holders

DUBLIN 4, IRELAND--(Marketwire - Jul 25, 2011) -



Allied Irish Banks, p.l.c. ("AIB")[NYSE:AIB] 25(th) July 2011

ALLIED IRISH BANKS, P.L.C. ANNOUNCES THE RESULTS OF ITS OFFERS TO PURCHASE FOR CASH

any and all of its outstanding

EUR400,000,000 Subordinated Callable Step-Up Floating Rate Notes due 2015 (ISIN: XS0208845924) (the "2015 Euro Notes")

£700,000,000 Callable Dated Subordinated Fixed to Floating Rate Notes due July 2023 (ISIN: XS0368068937) (the "2023 Sterling Notes")

EUR419,070,000 10.75 per cent. Subordinated Notes due 2017 (ISIN: XS0498532117) (the "2017 Euro Notes" and, together with the 2015 Euro Notes and the 2023 Sterling Notes, the "Notes")



ALLIED IRISH BANKS, P.L.C. FURTHER ANNOUNCES THE RESULTS OF THE MEETINGS OF HOLDERS OF THE ABOVE NOTES

On 13 May 2011, Allied Irish Banks, p.l.c. (the "Bank") announced that it was inviting all holders of the Notes (subject to the invitation restrictions set out in the Tender and Consent Memorandum (as defined below)) to (i) tender any and all of the Notes for purchase by the Bank for cash, and (ii) consent (the "AIB Consent Invitation") to certain modifications of the terms of the Notes (together, the "AIB Offer").

The AIB Offer was made upon the terms and subject to the conditions contained in the tender and consent memorandum dated 13 May 2011 (the "Tender and Consent Memorandum").

In conjunction with the invitation to tender any and all of the Notes, the Bank invited holders of each Series of Notes (subject to the invitation restrictions set out in the Tender and Consent Memorandum) to consider, and, if thought fit, pass, the relevant Extraordinary Resolution (each an "Extraordinary Resolution") in relation to certain modifications of the terms of each Series of the Notes as further described in the Tender and Consent Memorandum.

This announcement is made in accordance with the Tender and Consent Memorandum. Capitalised terms used and not otherwise defined in this announcement have the meaning given in the Tender and Consent Memorandum.

The Bank hereby announces the aggregate nominal amount of each Series of Notes accepted for purchase pursuant to the relevant Offer.

The Bank announces whether the Extraordinary Resolutions in relation to each Series of Notes have passed.

Description of the Common code/ISIN Outstanding Results of the Notes nominal amount Extraordinary prior to settlement Resolutions in of the AIB Offer respect of the Notes

EUR400,000,000 020884592/ EUR48,534,000 Passed Subordinated XS0208845924 Callable Step-Up Floating Rate Notes due 2015

£700,000,000 Callable 036806893/ £35,357,000 Passed Dated XS0368068937 Subordinated Fixed to Floating Rate Notes due July 2023

EUR419,070,000 10.75 per 049853211/ EUR217,920,000 Passed cent. XS0498532117 Subordinated Notes due 2017


Payment of the Purchase Price in respect of Notes validly tendered in the relevant Offer and accepted for purchase is expected to be made on Monday, 25 July 2011.

GENERAL

Holders are advised to read carefully the Tender and Consent Memorandum for full details of, and information on, the AIB Offer. Requests for information in relation to the AIB Offer should be directed to the Dealer Manager:

THE DEALER MANAGER

J.P. Morgan Securities Ltd. 125 London Wall London EC2Y 5AJ United Kingdom

For information by telephone: +44 (0) 20 7779 2468 Attention: Ryan O'Grady - FIG Syndicate Email:ryan.ogrady@jpmorgan.com

For information by telephone: +44 (0) 20 7777 1333 Attention: Sebastien Bamsey - Liability Management Email:sebastien.m.bamsey@jpmorgan.com



Requests for information, documents or materials relating to the AIB Offer should be directed to the Tender and Tabulation Agent:

THE TENDER AND TABULATION AGENT

Lucid Issuer Services Limited Leroy House 436 Essex Road London N1 3QP United Kingdom

This announcement must be read in conjunction with the Tender and Consent Memorandum.

This announcement does not constitute an offer to sell or buy or the solicitation of an offer to sell or buy the Notes or PPS.







This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE

[HUG#1533187]

Contact Information

  • For information by telephone: +44 20 7704 0880
    For information by facsimile: +44 20 7067 9098
    Attention: Yves Theis / David Shilson
    Email:aib@lucid-is.com