RNS Number:0171P
Goodbody Stockbrokers
26 August 2003


                             IRISH TAKEOVER PANEL

Lodge with the Stock Exchange (which may publicise) and with the Panel. 
Use separate form for each class of securities in which dealings have been made.


                                              Date of disclosure: 26 August 2003

               DISCLOSURE UNDER RULE 8.1(a), 8J(b)(i) and 8.3 OF THE IRISH 
                    TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2001

Date of Dealing:      25 August 2003 

Dealing in:           IWP International plc

(1)     Class of Securities: Ordinary Shares

(2)     Amount Bought    Amount Sold           Price Per Unit 
1.                         50,000                   0.36

(3)    Resultant total of the same class owned or controlled: 1,781,665 (2.23%)

(4)    Party making disclosure:        Allied Irish Banks plc and Subsidiaries

(5)    EITHER (a) Name of purchaser/vendor (Note 1)      Goodbody Stockbrokers

OR     (b) If dealing for discretionary client(s), name of Fund Management 
       Organisation:       N/A

(6)    Reason for disclosure (Note 2)

      (a)    (i) offerer or associate of offeror (Note 3)     N/A
            (ii) offeree or associate of offeree              Yes 

       Specify which category or categories of associate ((a) to (f) page 3/4):e 
       If category (f), explain:

      (b)     Rule 8,3 (ie. disclosure because of ownership or control of 1% or 
              more of the class of relevant securities dealt in)            Yes

Signed, for and on behalf of the party named in (4) above
 
Evelyn Carroll
Allied Irish Banks plc

Telephone 6413543 Ext. 13543


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