Anglo Irish Bank Corporation plc today (20th January, 2004) announces the appointments of Gary McGann to the Board as a Non-Executive Director and Tom Browne to the Board of Anglo Irish Bank as an Executive Director.

The appointments are subject to regulatory approval from the Irish Financial Services Regulatory Authority (IFSRA).

Gary McGann is Chief Executive Officer of the Jefferson Smurfit Group.

Before joining the Jefferson Smurfit Group, he held various senior management positions in Irish industry in both the private and public sector. He was Chief Executive of Gilbeys Ireland Group from 1991 to 1994. In early 1994, the Irish Government appointed him as Chief Executive of Aer Lingus, a position he held until 1998, when he joined the Jefferson Smurfit Group. He is also Chairman Designate of the new Dublin Airport Board to be established following appropriate legislation in 2004 and is incoming President of IBEC.

Tom Browne, who is a member of the Bank�s Strategic Management Board, is head of the Wealth Management division of Anglo Irish Bank and has worked with the bank for twelve years. From 1990 to 2000, he was employed in the Dublin Lending Division and was appointed Head of Dublin Banking in 1997. In 2002, he was appointed to his current position as Head of Wealth Management.

Commenting on the Board appointments, Peter Murray, Chairman of Anglo Irish Bank said, �We are delighted that two individuals of Gary and Tom�s calibre and expertise have joined the Board of Anglo Irish Bank. We are confident that each in their own way will play an important role and contribute greatly to the future growth and strategic direction of the Bank.�

Issued on behalf of Anglo Irish Bank by Drury Communications

For further information please contact

Billy Murphy/Orla Benson
Drury Communications
Tel: 01 260 5000

21 January 2004