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Re-Issue of Treasury Shares

23rd Mar 2005 15:54

Allied Irish Banks PLC23 March 2005 For Immediate Release - 23 March 2005 Re-Issue Of Treasury Shares Announcement pursuant to Paragraph 15.22 of the Listing Rules Allied Irish Banks, p.l.c. ("AIB") gives notice, under Paragraph 15.22 of theListing Rules, that it has re-issued 3,029,750 Treasury Shares, in aggregate, toparticipants in the Bank's Employee Share Option Scheme, as follows: • Dates Issued: From 12 November 2004 to 21 March 2005 • Price Paid per share: From €10.02 to €12.20 • Number of Share Option Exercises: 485 • Average number of options exercised 6,247 shares As of 22 March 2005, AIB's total shares in issue numbered 918,435,570, inclusiveof 47,360,489 shares held as Treasury Shares. Note: a. Under the rules of the UK Listing Authority, shares bought back by a company and held as Treasury Shares are not de-listed on the London Stock Exchange; their subsequent re-issue does not, therefore, require re-listing and, accordingly, the transactions referred to above do not affect the number of AIB shares listed on the London Stock Exchange. b. Prior to 29 November 2004, the practice of the Irish Stock Exchange ("ISE") was to de-list shares bought back by a listed company and held as Treasury Shares, and to require such companies to apply to re-list any such shares subsequently re-issued. The ISE rules in this regard were amended with effect from 29 November 2004, with the result that the ISE treatment of Treasury Shares, for listing purposes, is now similar to that of the UKLA. -Ends- Contact for queries Name Mr. T.P. O'Leary, Assistant Secretary Allied Irish Banks, p.l.c., Bankcentre, Ballsbridge, Dublin 4. Telephone +353 1 641 4672 This information is provided by RNS The company news service from the London Stock Exchange

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