Statement re Davy

18 Sep 2006 07:03

Bank of Ireland(Governor&Co)18 September 2006 Bank of Ireland Group announced that it had received a conditional proposal fromDavy management to acquire the Bank's 90.44% interest in Davy. As this proposal is subject to certain conditions, including funding andregulatory approval, there can be no certainty that a transaction will beconcluded with Davy management. A further announcement will be made when appropriate. 18 September 2006 For further information contact: Dan Loughrey Head of Group Corporate Communications 353 1 604 3833Geraldine Deighan Head of Group Investor Relations 353 1 604 3501 This information is provided by RNS The company news service from the London Stock Exchange