Company Profile For Allied Irish Banks PLC

Allied Irish Banks, p.l.c., together with its subsidiaries (collectively referred to as the AIB Group or the Group), conducts retail and commercial banking business in Ireland. It also provides corporate lending and capital markets activities from its head office at Bankcentre and from Dublin’s International Financial Services Centre. The Group also has overseas branches in the United States, Germany, France and Australia, among other locations. The business of AIB Group is conducted through four operating divisions: AIB Bank Republic of Ireland division, Capital Markets division, AIB Bank UK division, and Central & Eastern Europe division. In February 2008, the Group acquired the AmCredit mortgage business in the Baltic states of Latvia, Lithuania and Estonia. In September 2008, the Group also acquired a 49.99% shareholding in BACB.

BRIEF: For the six months ended 30 June 2008, Allied Irish Banks, plc.'s interest income fell 27% to EUR3.67B. Net interest loss after LLP totaled EUR682M vs. an income of EUR1.73B. Net loss from continuing operations totaled EUR381M vs. an income of EUR1B. Net interest income reflects loan growth in the Republic of Ireland and deposit growth in UK & Poland, offset by higher interest expense. Net reflects higher administrative expenses.