Allied Irish Banks, p.l.c. ("AIB") [NYSE: AIB] announces that it has transferred
a second tranche of loans for a further 15 customers to NAMA. The combined total
of these loans is c. ¤2.73bn and the discount rate applied on transfer is
48.5%. The transfer follows the first tranche previously transferred in April
for 9 customers totalling c. ¤3.3bn to which a discount rate of 42% was applied.
As previously advised, loans will continue to transfer in tranches selected by
NAMA. The actual discount on the total loans to be transferred will be
determined when all the loans are valued and discount rates on individual
tranches will vary.
-ENDS-
For further information please contact:-
Alan Kelly Catherine Burke
General Manager, Corporate Services Head of Corporate Relations and
Communications
AIB Group AIB Group
Dublin Dublin
Tel: +353-1-6412162 Tel: +353-1-6413894
email: alan.j.kelly@aib.ie email: catherine.e.burke@aib.ie
[HUG#1432572]
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Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE