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AIB CEO Announces Retirement

31st May 2005 07:01

Allied Irish Banks PLC30 May 2005 FOR IMMEDIATE DELIVERY 30 MAY 2005 AIB GROUP CHIEF EXECUTIVE MICHAEL BUCKLEY ANNOUNCES RETIREMENT DATE Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) Earlier this year Michael Buckley indicated that the length of the handoverperiod between him and the new Chief Executive would depend on whether aninternal or external candidate was selected. The appointment of Eugene Sheehy, who has over thirty years experience in avariety of roles with AIB, means that a lengthy transition is not necessary andMichael Buckley has, therefore, decided to retire as Chief Executive at the endof June this year. At the request of Mr Sheehy, Mr Buckley will continue asAIB's representative on the Board of M & T Bank until April 2006. - Ends - For further information contact: Catherine Burke Alan KellyHead of Corporate Relations Head of Group Investor RelationsAIB Group AIB GroupBankcentre BankcentreDublin 4 Dublin 4Tel: +353-1-6600311 ext. 13894 Tel: +353-1-6600311 ext. 12162 This information is provided by RNS The company news service from the London Stock Exchange

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