59HD Cred Ag Co 25

RNS No 7094v
IRISH PERMANENT TREASURY PLC
27th February 1998


IRISH PERMANENT TREASURY PLC
GBP 150,000,000 GUARANTEED FLOATING RATE NOTES DUE 1999
XS0071097173

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE ISSUE AT 7.6125 PERCENT PER ANNUM
FOR THE INTEREST PERIOD FROM 27FEB98 TO 29MAY98.

INTEREST PAYABLE VALUE 29MAY98 WILL AMOUNT TO
GBP 18.98 PER GBP 1,000.00 NOTE,
GBP 189.79 PER GBP 10,000.00 NOTE AND
GBP 1,897.91 PER GBP 100,000.00 NOTE.


PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


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