Sub-Division of Authorised Share Capital

Anglo Irish Bank Corporation plc ("the Company") hereby announces that, having received approval from shareholders at an Extraordinary General Meeting held on 28th January 2005, the Board propose to sub-divide each existing ordinary share of �0.32 in the capital of the Company into 2 ordinary shares of �0.16 each.

It is intended that new share certificates will be dispatched by Friday 29th April 2005, to shareholders on the Register at the close of business on Friday 22nd April 2005. Existing share certificates will cease to be valid from Monday 25th April 2005 and, as a consequence, new ISIN and SEDOL Codes will be allocated.

Accordingly, the timetable for the share split will be as follows:

Friday 22nd April		Last Day for Dealing in Existing Shares Listing Application Hearings Record Date for Share Split (5.00 p.m.)
Monday 25th April		New Dealings Commence, CREST Accounts Credited
(By) Friday 29th April		New Share Certificates Dispatched to Shareholders

5 April 2005