Shareholder Information Meeting Radisson Penn Harris Hotel & Convention Center, Camp Hill, Pennsylvania, Wednesday, May 30 th, 2007

A number of statements we will be making in our presentation and in the accompanying slides will not be based on historical fact, but will be “forward- looking” statements within the meaning of the United States Private Securities Litigation Reform Act of Actual results may differ materially from those projected in the forward looking statements. Factors that could cause actual results to differ materially from those in the forward looking statements include, but are not limited to, global, national and regional economic conditions, levels of market interest rates, credit or other risks of lending and investment activities, competitive and regulatory factors and technology change. Any ‘forward-looking statements made by or on behalf of the Group speak only as of the date they are made. visit Forward looking statements The results for the year ended 31 December 2006 have been restated to represent Ark Life as a discontinued operation. The following commentary is on a continuing operations basis. The growth percentages (excl. EPS) are shown on an underlying basis, adjusted for the impact of exchange rate movements on the translation of foreign locations’ profit and excluding interest rate hedge volatility under IFRS.

Introduction and welcome Annual General Meeting video Presentation of 2006 results Shareholders’ questions Agenda

Geographic profile - December 2006 PBT *50% Assets69% Shareholders36% Ireland UK PBT *25% Assets21% Shareholders21% North America PBT *10% Assets 4% 24.2% stake in M&T Bank Shareholders 27% PBT *13% Assets 6% European Shareholders (ex Ireland & UK) 14% Rest of World PBT *1% Shareholders2% Poland Institutional shareholders70% Retail shareholders30% * Underlying PBT before exceptional & one-off items

2006 Earnings per ADR - basic $ Cash dividend paid per ADR $ Cost / income ratio53.5%  1.7 Return on Equity 29.0% Underlying change % * Basic earnings per share less profit on disposal/development of properties, businesses and interest rate hedge volatility * Financial highlights

GDP %2006 (e)2007 (f) Ireland UK USA Poland Eurozone Strong economic backdrop

AIB – a snapshot Single enterprise support framework IrelandUK Capital Markets Poland M&T “The 4 Pillars”“Store of Value” ++++

Net Interest Margin -12 bps Organic growth - best use of capital - solid capital and funding positions Buoyant customer demand

Distinctive and evolving profit profile December 2003 Pre-tax profit by geography * Continuing operations less profit on disposal / development of properties & businesses and interest rate hedge volatility December 2006*

Income / cost gap + 4% Income  19% Making competitive gains from a prime position Business lending  38%- gaining market share Personal lending  27%- gaining market share Mortgage lending  26%- maintaining market share Deposits  20%- gaining market share Setting the improved customer proposition agenda Attacking an underweight position in the retail market More regular savers today than at 1 st SSIA maturity Strong progress in wealth management Costs  15%; includes significant element of one-off / non-recurring items AIB Bank Republic of Ireland - €942m  23% operating profit

Capital Markets - €508m  29% operating profit Resilient, recurring, low volatility earnings Customer income 83% 10 year PBT CAGR 20% Rigorous pricing and return discipline Proven skills transfer capability c. 76% of Corporate Banking profit earned internationally Outstanding credit risk management; early and conservative recognition of impaired loans and provision requirements Income / cost gap +3% 2006 profit contribution Corporate Banking  42% Treasury  2% Investment Banking  62%

AIB Bank United Kingdom - €378m  18% operating profit Investing in people, locations and delivery channels Diversifying and developing income streams Established “bank of choice” in chosen mid market sectors driving income & avoiding adverse selection Franchise quality reflected by broad volume growth Income / cost gap + 6% 2006 profit contribution Great Britain  23% Northern Ireland  11% GB 55% NI 45%

Income / cost gap + 10% Strong business volume increases in a high growth economy Business lending  25% Retail cash lending  54% Mortgages  26% Business deposits  26% Personal deposits  8% Expanding and deepening our footprint; adding branches, business centres, channels Investment funds  123% No. 2 market position c. 250,000 customers Brokerage services  84% No. 1 market position Total income % mix Broad based fee income Poland – €201m  52% operating profit

Objectives Rapid speed to market Volume growth cost indifference Support business volume growth Business acquisition capability Risk Managed Cost Service Quality Operational Excellence Reconfiguring, redeploying, simplifying, standardising ………. Update on work in progress 40+ change programmes impacting every AIB business unit including new banking platforms, branch activity displacement, new data centres 4,000 people deployed €400m investment; 40% now spent Significant gains in unit cost of production / procurement Ramp up in use of channels & technology Investing to support growth – our single enterprise approach

M&T - €141m  4% EPS  10%; 13 th consecutive year of double digit growth Contribution to AIB reduced by one off reclassification of provisions Tight cost management in a lower income growth environment Q4 cost / income ratio  50.2% Solid asset quality; NPLs 0.52%; allowance for credit losses 1.51% of total loans AIB shareholding 24.2%

Ireland Great Britain Poland Rest of World  Over 100,000 more customers than in 2005; increases in both business and personal sectors  Targeting 25% increase in relationship management / sales capacity from  Continuing migration from small to mid-market customers  Consistent customer satisfaction underpins “best business bank” status  Now opening a new branch every 10 days  1.5m customers - 900,000 Internet Banking customers; 400 branches; 600 ATMs  Leveraging competencies developed in Capital Markets  International expansion – new offices in Canada & Australia Aggressive organic growth

4% 6% 10% 3% % Positive “jaws” in all franchises

Impaired loans (ILs)% Gross new ILs%0.4 78Total provisions / ILs%76 15Bad debt chargebps12 Strong asset quality

Solid capital position 7.2% 8% 8.2% Preference share % Tier 1 Total capital ratio 11.1% Tier 1 8.2% (target minimum c. 7%) Core tier 1 6.0% (preference shares 27%, target range 20 – 30%) Dec 05Jun 06Dec 06 23% 30%27% Tier 1 ratio

AIB ADR Performance from May 2002 to April 2007 AIB ADR  131% Fulton Bank  5% Sovereign Bank  78% PNC  34%

Relentless execution of our clear agenda Significant progress being made on our 3 key priorities Existing Markets - maximising organic growth opportunities Selected international markets / niches – transferring skills profitably Single enterprise support framework – achieving efficiency and productivity gains

Shareholder Information Meeting Radisson Penn Harris Hotel & Convention Center, Camp Hill, Pennsylvania, Wednesday, May 30 th, 2007

Alan  Rose  Pat  Alma  Our Group Investor Relations Department will be happy to facilitate your requests for any further information Visit our website Contacts USA Ann 