Major Interest in Shares

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Bank of Ireland

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify): Increase in the Issued Share Capital of the Group. The 3% threshold has been crossed.

X

3. Full name of person(s) subject to notification obligation:

Bank of Ireland Asset Management Limited

4. Full name of shareholder(s) (if different from 3):

BNY Custodial Nominees Ltd

Bank of Ireland Nominees Ltd

Mellon Nominees Ltd

Nortrust Nominees Ltd

5. Date of transaction (and date on which the threshold is crossed or reached if different):

21 August 2008

6. Date on which issuer notified:

22 August 2008

7. Threshold(s) that is/are crossed or reached:

3% 

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

33,774,822

33,774,822

Non

notifiable Holdings

Non notifiable Holdings

Non

notifiable Holdings

Non

notifiable Holdings

Non notifiable Holdings

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

Non notifiable Holdings

Non notifiable Holdings

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

-

Proxy Voting:

10. Name of proxy holder:

-

11. Number of voting rights proxy holder will cease to hold:

-

12. Date on which proxy holder will cease to hold voting rights:

-

13. Additional information:

Bank of Ireland is making this notification on receipt of a notification from Bank of Ireland Asset Management Limited. under the Transparency (Directive 2004/109/EC) Regulations 2007.

14 Contact name:

John B. Clifford - Group Secretary

15. Contact telephone name:

+353 1 6043400